4 Utility Stocks With Low Trading Betas And Bearish Moving Averages
Contextuall | Nov 23, 2012 02:15AM ET
Recent Performance of the Stocks Mentioned Below:
Average 1-Week Return: -1.5%
Average 1-Month Return: -15.01%
Average 1-Year Return: -21.58%
1. Cia Energetica de Minas Gerais (CIG). Engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. Beta at 0.8. SMA50 at $12.27 vs. SMA200 at $16.77.
2. CPFL Energia S.A. (CPL). Engages in the generation, distribution, and sale of electricity in Brazil. Beta at 0.8. SMA50 at $22.35 vs. SMA200 at $24.86.
3. Companhia Paranaense de Energia (ELP). Engages in the generation, transmission, distribution, and sale of electricity for industrial, residential, commercial, and rural customers primarily in the State of Parana, Brazil. Beta at 0.93. SMA50 at $15.39 vs. SMA200 at $20.43.
4. Exelon Corporation (EXC). Operates as a utility services holding company in the United States. Beta at 0.54. SMA50 at $33.97 vs. SMA200 at $36.15.
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