Utilities Sector Wrap

Published August 07, 2012

| FOXBusiness

While the S&P 500 grew 0.5%, the Utilities sector (XLU) showed little movement during trading today.

Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past week. Entering today's trading, XLU was down 1.4% over the last seven trading days while the S&P 500 was up 1.9%.

Clean Energy Fuels (CLNE) was a major loser in the sector, falling 6.8% (-$1) to close at $13.63 with 2.6 million shares moving. The stock traded in a range of $13.58 to $14.39. The stock is down over the last three months, having fallen $2.78 (-16.9%) from $16.41 on May 10, 2012.

FirstEnergy (FE) fell 6.4% to close at $46.14, crossing its 50-day moving average of $49.28. Meanwhile, Atlas Energy (ATLS) climbed 2.5% to close at $31.58, moving past its 200-day moving average of $31.25.

TransAlta Corporation (TAC) rose 1.5% to close at $15.42, approaching its 50-day moving average of $16.41. It has also moved closer to its 200-day moving average of $17.80. EnerNOC (ENOC) rose 2.7% to close at $6.83, getting closer to its 200-day moving average or $7.21.

Increasing 4.1% (+$1.73) to close at $43.51, American States Water (AWR) was a major gainer in the sector. Today, 154,327 shares traded hands. The stock traded in a range of $41.84 to $43.80. The stock has risen $6.47 (17.5%) over the last three months from a price of $37.04 on May 10, 2012.

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