Basic Sanitation Company Of The State Of Sa (SBS): Today's Featured Utilities Loser

Basic Sanitation Company of the State of Sa ( SBS) pushed the Utilities sector lower today making it today's featured Utilities loser. The sector as a whole closed the day down 1%. By the end of trading, Basic Sanitation Company of the State of Sa fell $3.82 (-4.9%) to $73.83 on average volume. Throughout the day, 303,731 shares of Basic Sanitation Company of the State of Sa exchanged hands as compared to its average daily volume of 311,100 shares. The stock ranged in price between $73.60-$76.30 after having opened the day at $76.21 as compared to the previous trading day's close of $77.65. Other company's within the Utilities sector that declined today were: Active Power ( ACPW), down 8.1%, U.S. Geothermal ( HTM), down 7.3%, China Hydroelectric Corporation ( CHC), down 6.8%, and Distribution and Marketing Company of the N ( EDN), down 6.3%.

Companhia de Saneamento B sico do Estado de Sao Paulo - SABESP provides water and sewage services to residential, commercial, industrial, and governmental customers in the State of Sao Paulo. Basic Sanitation Company of the State of Sa has a market cap of $8.94 billion and is part of the utilities industry. The company has a P/E ratio of 17.1, above the average utilities industry P/E ratio of 13.6 and below the S&P 500 P/E ratio of 17.7. Shares are up 41% year to date as of the close of trading on Friday. Currently there is one analyst that rates Basic Sanitation Company of the State of Sa a buy, no analysts rate it a sell, and two rate it a hold.

TheStreet Ratings rates Basic Sanitation Company of the State of Sa as a buy. Among the primary strengths of the company is its solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, American DG Energy ( ADGE), up 7% and Ormat Technologies ( ORA), up 3.2%, were all gainers within the utilities sector with Great Plains Energy ( GXP) being today's featured utilities sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider Utilities Select Sector SPDR ( XLU) while those bearish on the utilities sector could consider ProShares UltraShort Utilities ( SDP).
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