UGI Corporation is today's top mover after declining 7.5%
The leading indices were losing ground — Dow Jones drawing back 0.79% to 33,150. S&P 500 slipping 0.56% and closing at 4,068.
Today's price action is taking place amid mixed market indicators – United States Initial Jobless Claims published today at 12:30 UTC came out at 242,000, falling short of the 240,000 projections and continuing its decline from the previous 229,000 figure.
Assets that recorded the greatest percentage change in relation to their peers are designated as "Top Movers" with the most active utilities stocks listed below.
New Fortress Energy | +7.89%; session high: $30.88 session low: $28.7
After ending yesterday at $27.77, the integrated gas-to-power company went up to $30.88 only to drop back some of the way. It is now trading around $29.96 as it reaches the end of the trading session.
UGI Corporation | –7.5%; session high: $32.5 session low: $29.61
While on a 5 day slump, falling a total of 12.32%, More of the same today: as the current session draws to a close, America's largest propane marketer is hovering around the $29.83 level after closing yesterday at $32.25 and dropping by 7.5%.
UGI Corporation is scheduled to announce earnings results today. The consensus EPS estimate is 1.78 and the consensus revenue estimate is $3.13 billion.
NRG sheds 5.44%; sets session low of $30.52
Similar trend today: as the current session draws to a close, the Houston-based energy supplier is hovering around the $31.62 level after closing yesterday at $33.44 and dropping by 5.44%. The company has a market cap of $7.34 billion with an average daily trading volume of 2.95 million shares. So far this year, it has been under-performing the S&P by 3.67%.