Markets were flat yesterday, yet New Fortress Energy Inc., UGI Corporation, Hawaiian Electric Industries, Inc. showed impressive gains and made this list of top gainers.
Markets completed a mixed session yesterday, as Nasdaq lost 1.29% and ended the session at 13,100. S&P 500 was down 0.38% before closing the session at 4,267.52.
Current market events are being influenced by ambiguous macro data as following a previous reading of 4.49 million, Crude Oil Inventories in United States released yesterday at 14:30 UTC fell short of the 1 million figure expected by analysts with an actual reading of -451,000.
Despite yesterday's flat session, several utilities stocks are managing to post notable gains. Take a look at the market's Top Gainers:
+4.36%: UGI Corporation gains 4.36% within $28.18 to $29.76 daily range
UGI Corporation rallied 4.36% and ended the session at $29.65. Currently, America's largest propane marketer has a market capitalization of $6.21 billion with an average daily volume of 2.50 million shares. So far this year, it has been doing worse than the Nasdaq by 43.29%.
+3.53%: Hawaiian Electric opened at $37.05 yesterday before posting solid session gaining 3.53%
After finishing Tuesday at $36.85, the Hawaiian electricity supplier went up by 3.53% yesterday and remained at the $38.15 level. Hawaiian Electric's market cap is currently $4.18 billion with an average daily trading volume of 382,158 shares.
New Fortress Energy | Closed +5.25% at $31.49
The clean energy provider has recovered 15.25% since descending to a significant low of $25.96 around 13 days ago. New Fortress Energy is currently trading with a market cap of $6.46 billion with an average daily trading volume of 1.46 million shares. New Fortress Energy last reported revenue of $579.13 million with an EPS of 90 cents.