Zacks restated their neutral rating on shares of Companhia Energetica de MinasGerais (NYSE:CIG) in a report released on Wednesday, AnalystRatings.NET reports. Zacks currently has a $7.00 price objective on the stock. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) shares after opening at $7.06 moved to $7.26 on last trade day and at the end of the day closed at $7.26. Company price to sales ratio in past twelve months was calculated as 1.31 and price to cash ratio as 4.60. Companhia Energetica Minas Gerais (ADR) (NYSE:CIG) showed a positive weekly performance of 4.61%.
Recently, the U.S. Department of Energy declared price money of $3 million to the FuelCell Energy Inc (NASDAQ:FCEL), for developing a ‘carbonate fuel cell electrolyte matrix’. This award was also to motivate the employees engaged in the research and development (R&D) field for developing new ultra-clean and alternative method of generating energy. After the release of this glorious award, the stock moved up by more than 2% and tempted the investors. Having a market capitalization of $586.41 million, the company expects to expand its business to a higher position. FuelCell Energy Inc (NASDAQ:FCEL) shares fell -0.43% in last trading session and ended the day on $2.34. FCEL its return on assets is -15.80%. FuelCell Energy Inc (NASDAQ:FCEL) yearly performance is 160.00%.
Operators at PPL Corporation (NYSE:PPL) Susquehanna nuclear power plant disconnected the Unit 1 reactor from the electrical grid Saturday (4/12) to begin a scheduled refueling and maintenance outage. PPL Corporation (NYSE:PPL) shares moved down -1.27% in last trading session and was closed at $32.60, while trading in range of $32.58-$33.22. PPL Corporation (NYSE:PPL) year to date performance is 6.99%.
CenterPoint Energy (NYSE:CNP) announced that Dana O’Brienhas been named senior vice president and general counsel effective May 12. Susan B. Ortenstone joined CenterPoint Energy on Feb. 17 as senior vice president and chief human resources officer.CenterPoint Energy, Inc. (NYSE:CNP) weekly performance is 0.84%. On last trading day company shares ended up $24.00. CenterPoint Energy, Inc. (NYSE:CNP) distance from 50-day simple moving average is 1.70%. Analysts mean target price for the company is $25.25.
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