Public Service Enterprise Group Inc (PEG): Today's Featured Utilities Laggard
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. Public Service Enterprise Group (PEG) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 0.1%. By the end of trading, Public Service Enterprise Group fell 47 cents (-1.5%) to $31.71 on average volume. Throughout the day, 2.3 million shares of Public Service Enterprise Group exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $31.67-$32.24 after having opened the day at $32.18 as compared to the previous trading day's close of $32.18. Other companies within the Utilities sector that declined today were: American DG Energy (ADGE), down 4.3%, U.S. Geothermal (HTM), down 3.2%, Transportadora de Gas del Sur (TGS), down 2.5%, and National Fuel Gas Company (NFG), down 2.2%.
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