Watchlist portfolio stays positive despite market slump
The leading indices are currently lower — Nasdaq trades at 10,400 after losing 1.16%. S&P 500 slipping 0.53% and closing at 3,740.
Today's price action is taking place amid mixed market indicators – United States ISM Non-Manufacturing PMI (Oct) released today at 14:00 UTC with a figure of 54.4, while the previous figure was 56.7.
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.
Ormat Technologies, Inc. | +9%; session high: $97.79 session low: $91.09
After ending yesterday at $88.38, Ormat Technologies, Inc. went up to $97.79 only to drop back some of the way. It is now trading around $96.35 as it reaches the end of the trading session. The trading volume is at 585,196, 159% above the 21-day average of 368,093.
Ormat Technologies, Inc. released its quarterly earnings today, beating analysts estimates. The company reported earnings of 0.33 per share on revenue of $175.88 million, topping estimates of 0.26 per share on revenue of $169.57 million.
Centrais Electricas Brasileiras | +6.37%; session high: $9.96 session low: $9.38
From an earlier low of $9.38, Centrais Electricas Brasileiras is on track to end the session around $9.94 after gaining 59.5 cents compared to last trading session's $9.34 (6.37%).
Vistra Corp. | +3.17%; session high: $23.67 session low: $22.56
Vistra Corp. is now trading 16.5% below the significant high of $27.39 it set around 4 months ago. The Nasdaq has been doing worse in 2022, it has been passing it by 51%. The company has a market cap of $9.82 billion with an average daily trading volume of 3.80 million shares.
Vistra Corp. is scheduled to announce earnings results tomorrow. The consensus Earnings Per Share estimate is 1.58 and the consensus revenue estimate is $7.53 billion.