2 Stocks Moving Up This Morning
Through early trading, these stocks are helping the Utilities (NYSE:XLU) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.
Spectra Energy Corp (NYSE:SE) is among the sector price gainers, as its shares are trading at $24.93, up 5 cents (+0.2%) from the previous close of $24.88. Spectra Energy Corp. through its subsidiaries and equity affiliates, owns and operates natural gas-related energy assets.
Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $1.75 (-6.6%) from $26.63 to $24.88. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 7.5% (+$1.99). It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 2.4% (-65 cents).
DPL Inc. (NYSE:DPL) is among the top price gainers in the sector. Its shares are trading at $29.95, up 2 cents (+0%) from the previous close of $29.94. DPL Inc is a regional electric energy and utility company and through its principal subsidiary, DP&L, is mainly engaged in the generation, transmission and distribution of electricity in West Central Ohio.
Stock Price Performance: From June 15, 2011, to September 9, 2011, the stock price had risen 17 cents (0.6%) from $29.77 to $29.94. The stock price saw one of its best stretches over the last year between March 1, 2011 and March 9, 2011 when shares rose for seven straight trading days, rising 3.9% (+99 cents). It saw one of its worst periods between April 6, 2011 and April 13, 2011 when shares fell for six straight trading days, falling 3% (-82 cents).