Published August 29, 2012
The Utilities sector (XLU) showed little movement while the S&P 500 gained 0.1% during trading today.
While being down today, the ETF, as a proxy for sector performance, tracked closer to the overall market today than over the past month. Entering today's trading, XLU was down 3.6% over the last thirty trading days while the S&P 500 was down 2.8%.
Tri-Tech (TRIT) was a major loser in the sector. Its price dropped 10.3% (-44 cents) to close at $3.83, as 62,276 shares moved. The stock traded in a range of $3.81 to $4.49. The stock is down over the last three months, having fallen 62 cents (-13.9%) from $4.45 on June 4, 2012.
Increasing 3.2% (+31 cents) to close at $10.06, EnerNOC (ENOC) was a major gainer in the sector. Today, 360,284 shares traded hands. The stock traded in a range of $9.68 to $10.07.
Centrais Eletricas Brasileiras (EBR) declined 2% to close at $7.30, moving below its 50-day moving average of $7.22 and 200-day moving average of $7.98. UniSource Energy (UNS) rose 1.5% to close at $40.78, cross its 50-day moving average of $40.34 and 200-day moving average of $38.20.
Crestwood Midstream Partners (CMLP) rose 1.5% to close at $24.56, approaching its 50-day moving average of $25.02. It has also moved closer to its 200-day moving average of $26.60. Companhia de Saneamento Basico (D) fell 2.4% to close at $87.32, moving closer to its 50-day moving average of $84.91. Also, the stock moved closer to its 200-day moving average of $52.53.
CPFL Energia (CPL) hit a new 52-week low today, hitting $21.19 to fall below the previous low of $21.44.