Oct 16, 2017   SOURCE: PR NewsWire

Technical Snapshots for These Electric Utilities Stocks -- SCANA, Alliant Energy, Atlantic Power, and Pinnacle West Capital

NEW YORK, October 16, 2017 /PRNewswire/ --

If you want a Stock Review on SCG, LNT, AT, or PNW then come over to http://dailystocktracker.com/register and sign up for your free customized report. Four Electric Utilities stocks have been lined up by DailyStockTracker.com for scanning this morning: SCANA Corp. (NYSE: SCG), Alliant Energy Corp. (NYSE: LNT), Atlantic Power Corp. (NYSE: AT), and Pinnacle West Capital Corp. (NYSE: PNW). These companies belong to the Utilities sector, which generates more or less stable earnings unless any sudden event impacts its operations adversely. This regulated nature of operations provides companies in this sector stability and, in turn, they reward their shareholders with steady dividend rates. Access DailyStockTracker.com's complimentary reports for today's stocks line-up at:

http://dailystocktracker.com/register

SCANA 

Cayce, South Carolina-based SCANA Corp.'s stock finished last Friday's session 0.50% higher at $49.85. A total volume of 2.04 million shares was traded, which was above their three months average volume of 1.57 million shares. The Company's shares are trading below their 50-day moving average by 13.34%. Additionally, shares of SCANA, which through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity to retail and wholesale customers in South Carolina,  have a Relative Strength Index (RSI) of 27.65.

On September 29th, 2017, research firm Williams Capital Group downgraded the Company's stock rating from 'Hold' to 'Sell' while revising its previous target price from $50 a share to $40 a share.

On October 03rd, 2017, SCANA announced that it will release its Q3 earnings on October 26th, 2017, pre-market. Management will discuss those results in a conference call with analysts, beginning promptly at 3:00 p.m. ET that same day. The press release, presentation materials, and a live listen-only webcast of the conference call will be available under the Investors section of the Company's website. Visit us today and access your complete report on SCG for free at:

http://dailystocktracker.com/registration/?symbol=SCG

Alliant Energy 

On Friday, shares in Madison, Wisconsin headquartered Alliant Energy Corp. ended the session 0.09% higher at $43.05. The stock recorded a trading volume of 1.69 million shares, which was higher than its three months average volume of 1.11 million shares. The Company's shares have gained 0.30% in the last one month, 7.28% in the previous three months, and 13.62% on an YTD basis. The stock is trading 1.89% above its 50-day moving average and 7.07% above its 200-day moving average. Moreover, shares of Alliant Energy, which operates as a utility holding company that provides regulated electricity and natural gas services to residential, commercial, industrial, and wholesale customers in the Midwest region of the US, have an RSI of 63.03.

On September 29th, 2017, Alliant Energy announced that its Iowa energy company continues moving toward a cleaner energy future with the start of major construction on its next wind farm in spring 2018. The Company finalized an agreement with Apex Clean Energy for Upland Prairie Wind Farm. The 300-megawatt project is in the Clay and Dickinson counties in northwest Iowa. The complimentary research report on LNT can be accessed at:

http://dailystocktracker.com/registration/?symbol=LNT

Atlantic Power 

Dedham, Massachusetts headquartered Atlantic Power Corp.'s shares closed the session flat at $2.55. A total volume of 456,539 shares was traded, which was above their three months average volume of 412,510 shares. The stock has gained 4.08% in the last one month, 6.25% over the previous three months, and 2.00% on an YTD basis. Shares of the Company are trading 4.64% and 4.08% above their 50-day and 200-day moving averages, respectively. Additionally, shares of Atlantic Power, which owns and operates a fleet of power generation assets in the US and Canada, have an RSI of 58.09. Register for free on DailyStockTracker.com and download the research report on AT at:

http://dailystocktracker.com/registration/?symbol=AT

Pinnacle West Capital 

Last Friday at the close, shares in Phoenix, Arizona headquartered Pinnacle West Capital Corp. recorded a trading volume of 950,562 shares, which was above their three months average volume of 653,880 shares. The stock ended the session 0.08% higher at $87.38. The Company's shares have advanced 2.13% over the previous three months and 11.98% since the start of this year. The stock is trading above its 200-day moving average by 3.36%. Furthermore, shares of Pinnacle West Capital, which through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona, have an RSI of 53.93.

On September 20th, 2017, research firm Credit Suisse initiated a 'Neutral' rating on the Company's stock, with a target price of $90 per share.

On October 02nd, 2017, Pinnacle West Capital announced plans to release its Q3 2017 results before the US financial markets open on Friday, November 03rd, 2017. That same day at noon ET, the Company will host a live webcast of management's conference call to discuss the results as well as recent developments. Get free access to your research report on PNW at:

http://dailystocktracker.com/registration/?symbol=PNW

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email contact@dailystocktracker.com. Rohit Tuli, a CFA(R) charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer 

        

        CONTACT 
        For any questions, inquiries, or comments reach out to us directly. If you're a company
         we are covering and wish to no longer feature on our coverage list contact us via
         email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at: 
        Email: contact@dailystocktracker.com 
        Phone number: (207)331-3313 
        Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

 

CFA(R) and Chartered Financial Analyst(R) are registered trademarks owned by CFA Institute.

SOURCE dailystocktracker.com