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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 0.7%. By the end of trading, Companhia De Saneamento Basico Do Estado De fell $0.32 (-3.2%) to $9.61 on light volume. Throughout the day, 1,607,467 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 3,157,600 shares. The stock ranged in price between $9.55-$9.84 after having opened the day at $9.83 as compared to the previous trading day's close of $9.93. Other companies within the Utilities sector that declined today were: Niska Gas Storage Partners ( NKA), down 5.4%, Fuelcell Energy ( FCEL), down 3.1%, Pure Cycle ( PCYO), down 2.1% and Enersis ( ENI), down 1.6%.

Companhia de Saneamento Basico do Estado de S o Paulo SABESP provides basic and environmental sanitation services; and supplies treated water on a wholesale basis to residential, commercial, industrial, and governmental customers in the state of S o Paulo. Companhia De Saneamento Basico Do Estado De has a market cap of $6.8 billion and is part of the utilities industry. The company has a P/E ratio of 6.5, below the S&P 500 P/E ratio of 17.7. Shares are down 12.5% year to date as of the close of trading on Friday. Currently there are 2 analysts that rate Companhia De Saneamento Basico Do Estado De a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Companhia De Saneamento Basico Do Estado De as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself.

On the positive front, Cadiz ( CDZI), up 29.4%, Empresa Distribuidora y Comercializadora No ( EDN), up 5.5%, Transportadora de Gas del Sur ( TGS), up 5.2% and Centrais Eletricas Brasileiras ( EBR), up 4.2% , were all gainers within the utilities sector with American Electric Power ( AEP) being today's featured utilities sector leader.

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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