Against the current: Markets slid, yet Companhia Paranaense de Energia – COPEL, PG&E Corporation, Public Service Enterprise Group Inc went up and made this list of Friday's top utilities stocks gainers.
Leading equity indices in the US declined as Dow Jones lost 0.42% and ended the session at 33,900. Nasdaq closed at 12,123, a 0.35% change.
Despite markets falling Friday, some utilities stocks managed to post gains. Have a look at these Top Gainers.
PSEG | Ended Friday's session at $63.5
Public Service Enterprise Group hit a significant low of $53.48 around 6 months ago, but has since recovered 18.7%. So far this year, it has been under-performing the S&P 500 by 5.22%. The company's market cap currently stands at $31.67 billion with an average daily volume of 2.95 million shares. Public Service Enterprise Group has a forecast of $2.16 billion with an EPS of 63 cents.
Pacific Gas & Electric | Closed +0.54% at $16.89
The gas company is now trading 0.94% below the significant high of $16.96 it set around 4 days ago. So far this year, it has been doing worse than the Nasdaq by 6.51%. The company is currently trading with a market cap of $38.48 billion with an average daily trading volume of 16.79 million shares. Pacific Gas & Electric last reported revenue of $5.37 billion with an EPS of 26 cents.
Companhia Paranaense de Energia closes at $7.76, increasing by 6 cents and adding one more to its five straight day of gains
After ending Thursday at $7.7, Companhia Paranaense de Energia went up to $7.78 only to drop back, yet still traded well overall and closed at $7.76 Friday. Companhia Paranaense de Energia has a market cap of $21.24 billion with an average daily volume of 499,277 shares. So far this year, it has performed better than the Nasdaq by 1.52%.