As FirstEnergy Corp. (NYSE:FE) investors cheered the results of a regional electricity auction Tuesday morning, the company’s reaction didn’t match their enthusiasm. FirstEnergy Corp. stock opened today at $33.22 and is currently trading at $33.62. The stock showed a positive weekly performance of 6.00%.
The Southern Company (NYSE:SO) Director E Jenner Wood III bought 2,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was purchased at an average price of $43.13 per share, for a total transaction of $86,260.00. Following the purchase, the director now directly owns 5,000 shares of the company’s stock, valued at approximately $215,650. The Southern Company (NYSE:SO) stock opened at $43.23, in current trading session and currently is at $43.30, by gaining 0.32%. The 52 week range of $40.03 – $46.81. Company’s market capitalization is 38.57 billion.
U.S. Geothermal Inc. (NYSE MKT:HTM)(TSX:GTH), a leading renewable energy company focused on the development, production, and sale of electricity from geothermal energy, announced on 14 may its financial and operating results for the first 3 months ending March 31, 2014. Generated fleet wide total 98,884 megawatt-hours in the First Quarter of 2014, as compared to 85,040 megawatt-hours during the same period in 2013 U.S. Geothermal Inc. (NYSEMKT:HTM) stock is currently trading at $0.580. The EPS of the stock is 0.02. Company’s market capitalization is 58.08 million.
Ocean Power Technologies Inc. (NASDAQ:OPTT) is abandoning its project off the Oregon Coast even after receiving nearly $9 million in state and federal grants, saying the money is not enough to cover costs. Instead, the company will focus on another wave energy project in Australia after that country’s government committed $62 million in development funds. Ocean Power Technologies Inc. (NASDAQ:OPTT) stock opened the session at $2.27, and now is at $2.25. The 52 week range of the Ocean Power Technologies Inc. (NASDAQ:OPTT) stock remained $1.50 – $7.01 and the day range was $2.22 – $2.33.
FuelCell Energy (NASDAQ:FCEL): Stifel starts the stock with a Buy and $2.90 target amid an encouraging reduction in the company’s manufacturing costs. FuelCell Energy Inc. (NASDAQ:FCEL) stock opened today at $2.28 and is currently trading at $2.38. The stock showed a positive weekly performance of 2.29%.