Tag: Exelon Corporation

  • Utlities Active Runners: FuelCell Energy Inc (NASDAQ:FCEL), Exelon Corporation (NYSE:EXC), PG&E Corporation (NYSE:PCG), AES Corp (NYSE:AES)

    FuelCell Energy Inc (NASDAQ:FCEL) is the biggest publicly-traded United States fuel-cell manufacturer. The company is now providing a power-plant for a C$7.5M ($6.7 million) project for the conversion of  landfill-gas into electricity &  carbon dioxide that effectively nourishes plants at a greenhouse-facility situated in British Columbia. Village Farms International Inc. has combined these fuel cell with the system from Quadrogen Power Systems Inc. that now collects &  separates the landfill gas, said the Vancouver-based grower in a statement. One stream of the gas powers fuel cell, while the “food-grade” CO2 is used for feeding plants. FuelCell Energy Inc (NASDAQ:FCEL) shares after opening at $2.38 moved to $2.54 on last trade day and at the end of the day closed at $2.48. Company price to sales ratio in past twelve months was calculated as 3.22 and price to cash ratio as 8.02. FuelCell Energy Inc (NASDAQ:FCEL) showed a positive weekly performance of 2.06%.

    Shares of Exelon (NYSE:EXC) were the recipient of some unusual options trading activity on Wednesday. Traders bought 27,842 put options on the company, AmericanBankingNews.com reports. This represents an increase of approximately 1,578% compared to the typical daily volume of 1,659 put options. Exelon Corporation (NYSE:EXC) shares advanced 0.81% in last trading session and ended the day on $33.56. EXC return on equity ratio is recorded as 7.90% and its return on assets is 2.20%. Exelon Corporation (NYSE:EXC) yearly performance is 1.70%.

    Citigroup Inc. downgraded shares of PG&E Co. (NYSE:PCG) from a buy rating to a neutral rating in a research note released on Friday morning, TheFlyOnTheWall.com reports. They currently have $46.00 target price on the stock, down from their previous target price of $52.00. PG&E Corporation (NYSE:PCG) shares moved up 3.13% in last trading session and was closed at $43.20, while trading in range of $41.89-$43.49. PG&E Corporation (NYSE:PCG)  year to date performance is 8.35%.

    The AES Corporation (NYSE: AES) announced on Mar. 4, 2014 that it intends, subject to market and other conditions, to offer $500 million aggregate principal amount of senior notes due 2024 (the “Notes”). AES intends to use the net proceeds from the offering of the Notes, as well as, if necessary, other available funds, to fund concurrent tender offers to purchase for cash certain series of AES’s outstanding senior notes and to pay certain related fees and expenses. If any net proceeds from the offering remain after completion of the tender offers, AES intends to use such proceeds to retire certain outstanding indebtedness and for general corporate purposes. AES Corp (NYSE:AES) weekly performance is 2.96%. On last trading day company shares ended up $14.28. AES Corp (NYSE:AES) distance from 50-day simple moving average is 1.66%. Analysts mean target price for the company is $15.81.