The utilities sector closed the day up 0.5%. GreenHunter Energy Inc ( GRH), China Hydroelectric ( CHC), American Water Works Co Inc ( AWK), and Atlantic Power Corporation ( AT) were all decliners today within the utilities sector with Calpine ( CPN) being today's featured utilities loser. Calpine fell 7 cents (-0.5%) to $14.05 on average volume. Throughout the day, 2.9 million shares of Calpine exchanged hands as compared to its average daily volume of 3.5 million shares. Calpine Corporation, an independent wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines. Calpine has a market cap of $6.6 billion and is part of the utilities industry. Shares are up 5.8% year to date as of the close of trading on Tuesday. TheStreet Ratings rates Calpine as a sell. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, poor profit margins and generally weak debt management.
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