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May 26, 2023
Off to the races! Markets are off to a great start this session; UGI Corporation has already added 1.14% to lead the way for utilities stocks
The leading indices are climbing up — Nasdaq up to 12,738, gaining 0.32%. Dow Jones goes up 0.19%, trading at 32,827.
Today's rise takes place amid mixed market indicators — Core Durable Goods Orders in United States fell short of market expectations (0%) with a reading of -0.2%, continuing the decline from the previous figure of 0.3%.
Here are the biggest utilities stocks gainers so far today.
+0.64%: National Grid Transco ascends 0.64% to $68.06
After closing the previous trading day at $67.63, National Grid plc is up to $68.06, which makes for a move of 0.64%/43 cents today. Currently, the Britsh utility vendor has a market capitalization of $50 billion with an average daily volume of 430,226 shares. So far this year, it has been under-performing the Nasdaq by 4.72%.
UGI Corporation | +1.14% to start today's session
The natural gas and electric power distribution company is now trading 26.94% below its 3-month high of $44.54. So far this year, it has been doing worse than the Nasdaq by 44.12%. The natural gas and electric power distribution company's market cap currently stands at $5.83 billion with an average daily trading volume of 2 million shares. UGI Corporation last reported revenue of $3.11 billion with an EPS of $1.68.
New Fortress Energy | +1.09% to start today's session
The integrated gas-to-power company is now trading 32.32% below its 3-month high of $61.7. The company is currently trading with a market cap of $5.43 billion with an average daily trading volume of 1.32 million shares. New Fortress Energy's last revenue report was $579.13 million with an EPS of 90 cents.
