GenOn Energy Inc (GEN): Today's Featured Utilities Winner
(
) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 1.9%. By the end of trading, GenOn Energy Inc rose 2 cents (0.8%) to $2.57 on light volume. Throughout the day, 5.6 million shares of GenOn Energy Inc exchanged hands as compared to its average daily volume of 7.9 million shares. The stock ranged in a price between $2.46-$2.60 after having opened the day at $2.57 as compared to the previous trading day's close of $2.55. Other companies within the Utilities sector that increased today were:
(
), up 10%,
(
), up 3.5%, and
(
), up 2.1%.
GenOn Energy, Inc., together with its subsidiaries, provides energy, capacity, ancillary, and other energy services to wholesale customers in the energy market in the United States. GenOn Energy Inc has a market cap of $2.04 billion and is part of the
industry. Shares are down 32% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates GenOn Energy as a
. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.
- You can view the full GenOn Energy Ratings Report.
On the negative front,
(
), down 41.9%,
(
), down 8.8%,
(
), down 7.6%, and
(
), down 5.5%, were all losers within the utilities sector with
(
) being today's utilities sector loser.
- Use our utilities section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider
(
) while those bearish on the utilities sector could consider
ProShares UltraShort Utilities
(
).
- Find other investment ideas from our top rated ETFs lists.
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