Published June 07, 2012
The Utilities sector (XLU) showed little movement while the S&P 500 gained 0.1% during trading today.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. As trading began today, XLU was up 3.3% over the last thirty trading days, and the S&P 500 climbed -3.3%.
Exelon (EXC) was a significant gainer in the sector, rising 4%. The stock closed at $38.94 with 15 million shares moving. The stock traded in a range of $37.92 to $38.99. Share price has been climbing, and is up $1.96 (5.3%) from a price of $36.98 on May 31, 2012.
EnerNOC (ENOC) was one of the sector's big losers, as its price dropped 2.7% (-17 cents) to close at $6.24. 85,539 shares of the stock moved. The stock traded in a range of $6.23 to $6.60. The stock has fallen over the last three months, dropping $1.07 (-14.6%) from $7.31 on March 12, 2012.
National Fuel Gas (NFG) rose 1.1% to close at $44.96, crossing its 50-day moving average of $44.56. Meanwhile, NRG Energy (NRG) dropped 1.6% to close at $15.82, moving below its 200-day moving average or $17.07.
Crosstex Energy L.P (XTEX) rose 2% to close at $15.50, approaching its 50-day moving average of $16.32. It has also moved closer to its 200-day moving average of $16.58. American Water Works (ATLS) fell 1.8% to close at $34.32, moving closer to its 50-day moving average of $33.92. Also, the stock moved closer to its 200-day moving average of $30.07.
Progress Energy (PGN) hit a new 52-week high today, reaching $57.53 to top the previous high of $56.74.