The AES Corporation (AES): Today's Featured Utilities Loser
(
) pushed the Utilities sector lower today making it today's featured Utilities loser. The sector as a whole closed the day down 2%. By the end of trading, AES Corporation fell 42 cents (-3.6%) to $11.23 on light volume. Throughout the day, 4.3 million shares of AES Corporation exchanged hands as compared to its average daily volume of eight million shares. The stock ranged in price between $11.22-$11.50 after having opened the day at $11.49 as compared to the previous trading day's close of $11.65. Other company's within the Utilities sector that declined today were:
(
), down 76.2%,
(
), down 8.8%,
(
), down 7.9%, and
(
), down 7.5%.
The AES Corporation, through its subsidiaries, operates as a power company in Latin America, Africa, North America, Europe, the Middle East, and Asia. The company owns and operates two businesses, Generation and Utilities. AES Corporation has a market cap of $8.6 billion and is part of the
industry. Shares are down 5.5% year to date as of the close of trading on Friday.
TheStreet Ratings rates The AES as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins.
- You can view the full The AES Ratings Report.
- 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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