|Bid||55.81 x 1000|
|Ask||56.30 x 1000|
|Day's Range||55.66 - 56.24|
|52 Week Range||47.60 - 57.23|
|PE Ratio (TTM)||9.26|
|Expense Ratio (net)||0.14%|
On December 8, 2017, the Utilities Select Sector SPDR ETF (XLU) was trading 1% above its 50-day and 5% above its 200-day moving average.
On December 5, 2017, Dominion Energy stock was trading 3% above its 50-day moving average and 6% above its 200-day moving average.
US utilities have been experiencing flat electricity demand growth for the last several years, driven by increasing energy efficiency initiatives.
On December 1, 2017, the Utilities Select Sector SPDR ETF (XLU) was trading 3% and 6% above its 50-day and 200-day moving average levels, respectively.
Currently, the Utilities Select Sector SPDR ETF (XLU) is trading at a fair premium to its key moving average levels, which highlights its strength.
At $52 billion of market capitalization, Dominion Energy is the third-largest utility holding company among the S&P 500 Utilities (XLU).
Among the key macroeconomic indicators published by the Fed, capacity utilization in US industries helps investors forecast business cycle changes.
According to a recent report, the top institutional investors in PPL (PPL) added big positions in 3Q17. The Vanguard Group added net 1.08 million shares and held a 7.2% stake in PPL at the end of 3Q17....
The October Industrial Production report was released by the Fed on November 16 and showed a continued rebound in key sectors of the US economy.
On November 17, 2017, the implied volatility in XLU was 11.5%. Its current implied volatility is marginally higher than its 15-day average of 11%.
On November 17, 2017, the Utilities Select Sector SPDR ETF (XLU) was trading 2% and 5% above its 50-day and 200-day moving average levels, respectively.
AES (AES) has upside potential of 19% from its current price levels of $10.9. Wall Street analysts have given it a price target of $12.9.
Duke Energy (DUK) has a mean price target of $88.70, which implies a flat to negative movement from its current market price of $88.90.
The ADP National Employment Report for October showed strong improvement in private sector employment at 235,000 jobs.
At $7.0 billion, AES is one of the smallest utilities among the S&P 500 Utilities (XLU). Its dividend growth in the last few years has been remarkable.
AES stock looks to be trading at a discounted valuation compared to its peers. However, it seems to be trading at a fair premium to its historical average.
While broader utilities are climbing towards a new high, AES (AES) stock continues to fall. It hit a new 52-week low of $10.31 on November 7, 2017.
Utility stocks generally trade inversely to Treasury yields. The ten-year Treasury yield fell from 2.37% to 2.33% last week.