Markets were flat Friday, yet Algonquin Power & Utilities Corp., Ormat Technologies, Inc., Brookfield Renewable Corporation showed impressive gains and made this list of top gainers.
Markets did not have a clear cut direction — Nasdaq closed 12,072 after a stable day. Dow Jones closed at 33,800 after a flat day.
Despite Friday's flat session, several utilities stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+3.09%: solid session for Algonquin Power & Utilities generates 3.09% gain Friday
An influx of buyers helped the Canadian regulated utility conglomerate to end the session higher around $8.35, while establishing a $8.09 to $8.69 session range Friday. The company's market cap currently stands at $5.75 billion with an average daily volume of 6.93 million shares. So far this year, it has been beating the Nasdaq by 11%.
Brookfield Renewable Corporation | Up 1.95% to $33.95 Friday
After ending Thursday at $33.3, the hydroelectric power generation company spiked to $34.06 and closed Friday at $33.95 — gaining 1.95% overall.
Ormat Technologies, Inc. continued a four day positive streak, up 1.98% to $87.16.
Ending Thursday at $85.47, the renewable geothermal energy technology developer rallied 1.98% Friday and stayed at the $87.16 level. Ormat Technologies, Inc.'s market cap currently stands at $5.20 billion with an average daily trading volume of 560,527 shares.