Utilities Sector Wrap

Published August 15, 2012

| FOXBusiness

The Utilities sector (XLU) showed little change during trading today while the S&P 500 rose 0.1%.

As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLU was down 0.3% over the last thirty trading days while the S&P 500 climbed 3.4%.

Companhia Paranaense de Energia (ELP) was a major loser in the sector, falling 5.3% (-$1.14) to close at $20.38 with 646,762 shares moving. The stock traded between $20.19 and $20.92. The stock has been decreasing recently, and shares are down $1.42 (-6.5%) from a price of $21.80 on August 8, 2012.

Cadiz (CDZI) was a major gainer in the sector, rising 3.4% (+29 cents) to close at $8.72 with 10,985 shares moving. The stock traded in a range of $8.35 to $8.72. Share price is up $1.83 (26.6%) from $6.89 on July 17, 2012.

Ormat Technologies (ORA) rose 1.6% to close at $19.75, cross its 50-day moving average of $19.48 and 200-day moving average of $19.50. Black Hills (BKH) declined 1.2% to close at $31.57, moving below its 50-day moving average of $31.83 and 200-day moving average of $32.58.

Gas Natural Group (CWCO) fell 1.5% to close at $40.11, moving closer to its 50-day moving average of $39.79. Also, the stock moved closer to its 200-day moving average of $7.95. Centrais Eletricas Brasileiras (EBR) rose 2.3% to close at $7.69, getting closer to its 200-day moving average or $8.09.

MGE Energy (MGEE) hit a new 52-week high today, reaching $50.15 to top the previous high of $49.93.

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