Utilities Stocks In Negative Territory: Ocean Power (NASDAQ:OPTT), FuelCell Energy (NASDAQ:FCEL), Public Service Enterprise (NYSE:PEG), Connecticut Water Service (NASDAQ:CTWS)

Ocean Power Technologies Inc (NASDAQ:OPTT) is in the business of developing and commercializing systems for generating electricity power from ocean waves. In other words, the ticker is a player in the alternative industry. Ocean Power Technologies Inc (NASDAQ:OPTT) stock opened today at $4.75 and is currently trading at $4.27. The stock showed a positive weekly performance of 17.51%.

FuelCell Energy Inc. (NASDAQ:FCEL)is well versed in different aspects of fuel-cell power plants likeits designing, manufacturing, installation as well as maintenance of stationary. A tri-generation fuel cell plant is in its preliminary phases of installation at Torrington, Connecticutunder a U.S. Department of Energy Advanced Manufacturing Office program. This is expected to be completed by 2014 end and is aimed at demonstrating the hydrogen generation for industrial applications. Cleaned landfill gas would be used by this fuel cell power plant to produce clean electricity, usable high quality heat as well as renewable hydrogen. This installation is aimed to serve as a display platform for potential customers and investors. FuelCell Energy Inc (NASDAQ:FCEL) stock opened at $3.17, in current trading session and currently is at $3.20, by loosing -3.75%.The 52 week range of $0.84-$4.74.Company’s market capitalization is $761.39 million.

Jefferies Group restated their hold rating on shares of Public Service Enterprise Group (NYSE:PEG) in a research note issued to investors on Wednesday, Stock Ratings Network.com reports. The firm currently has a $37.50 price target on the stock, down from their previous price target of $38.50. Public Service Enterprise Group Inc. (NYSE:PEG) stock is currently trading at $36.43 .The EPS of the stock is 2.45. Company’s market capitalization is $18.44 billion.

Zacks upgraded shares of Connecticut Water Service (NASDAQ:CTWS) from a neutral rating to an outperform rating in a research note issued to investors on Friday, Analyst Ratings Netreports. The firm currently has $38.50 price target on the stock. Connecticut Water Service Inc (NASDAQ:CTWS) stock opened the session at $33.08, and now is at $33.29. The 52 week range of the CTWS stock remained $27.75-$36.45 and the day range was $32.88-$33.57.

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