Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. Companhia De Saneamento Basico Do Estado De ( SBS) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day up 0.6%. By the end of trading, Companhia De Saneamento Basico Do Estado De fell $0.23 (-2.5%) to $8.86 on heavy volume. Throughout the day, 4,902,434 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 3,054,200 shares. The stock ranged in price between $8.62-$9.00 after having opened the day at $8.99 as compared to the previous trading day's close of $9.09. Other companies within the Utilities sector that declined today were: Ocean Power Technologies ( OPTT), down 3.7%, Energy Company of Minas Gerais ( CIG), down 3.2%, Energy Company of Parana ( ELP), down 3.1% and Transportadora de Gas del Sur ( TGS), down 3.1%.
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