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4 Utilities Stocks Dragging The Sector Down

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 15,300 as of Tuesday, July 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,101 issues advancing vs. 849 declining with 106 unchanged.

The Utilities sector currently sits up 0.5% versus the S&P 500, which is up 1.2%.

TheStreet would like to highlight 4 stocks pushing the sector lower today:

4. Empresa Nacional de ElectricidadSA ( EOC) is one of the companies pushing the Utilities sector lower today. As of noon trading, Empresa Nacional de ElectricidadSA is down $0.31 (-0.8%) to $40.98 on average volume. Thus far, 62,181 shares of Empresa Nacional de ElectricidadSA exchanged hands as compared to its average daily volume of 108,500 shares. The stock has ranged in price between $40.82-$41.53 after having opened the day at $41.53 as compared to the previous trading day's close of $41.29.

Empresa Nacional de Electricidad S.A., an electricity utility company, engages in the generation and transmission of electricity in Chile, Argentina, Brazil, Colombia, and Peru. It produces electricity through hydroelectric, thermal, and wind power sources. Empresa Nacional de ElectricidadSA has a market cap of $11.3 billion and is part of the utilities industry. Shares are down 15.4% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Empresa Nacional de ElectricidadSA a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Empresa Nacional de ElectricidadSA as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and disappointing return on equity. Get the full Empresa Nacional de ElectricidadSA Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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