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

Basic Sanitation Company of the State of Sa ( SBS) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 0.1%. By the end of trading, Basic Sanitation Company of the State of Sa rose $1.19 (1.6%) to $73.92 on average volume. Throughout the day, 417,454 shares of Basic Sanitation Company of the State of Sa exchanged hands as compared to its average daily volume of 282,900 shares. The stock ranged in a price between $72.01-$74.02 after having opened the day at $72.48 as compared to the previous trading day's close of $72.73. Other companies within the Utilities sector that increased today were: American DG Energy ( ADGE), up 8.2%, GreenHunter Energy ( GRH), up 2.4%, Inergy L.P ( NRGY), up 2.2%, and El Paso Electric Company ( EE), up 1.8%.

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 $8.15 billion and is part of the utilities industry. The company has a P/E ratio of 15.6, above the average utilities industry P/E ratio of 12.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 26.5% year to date as of the close of trading on Tuesday. 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. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, revenue growth and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.

On the negative front, Transportadora de Gas del Sur ( TGS), down 4.5%, Dynegy ( DYN), down 3.8%, Active Power ( ACPW), down 3.6%, and RGC Resources ( RGCO), down 3.4%, were all losers within the utilities sector with Calpine ( CPN) being today's utilities sector loser.

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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