Northeast Utilities (NU): Today's Featured Utilities Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Northeast Utilities (NU) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 0.1%. By the end of trading, Northeast Utilities rose 42 cents (1.1%) to $38.65 on heavy volume. Throughout the day, 2.3 million shares of Northeast Utilities exchanged hands as compared to its average daily volume of 1.5 million shares. The stock ranged in a price between $38.24-$38.71 after having opened the day at $38.38 as compared to the previous trading day's close of $38.23. Other companies within the Utilities sector that increased today were: Empresa Distribuidora y Comercializadora No (EDN), up 6.5%, China Hydroelectric Corporation (CHC), up 6.2%, Integrys Energy Group (TEG), up 4.6%, and Enersis (ENI), up 2.8%.
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