5 Utilities Stocks Being Dumped This Morning on Monday

Through the early part of trading on Monday, September 12, 2011, these stocks are bringing down 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.

PPL Corporation (NYSE:PPL) is one of the sector losers in price. Its shares are trading at $27.60, down 37 cents (-1.3%) from the previous close of $27.95. PPL Corporation is an energy and utility holding company that generates and markets electricity in the northeastern and western U.S.

Stock Price Performance: From August 11, 2011, to September 9, 2011, the stock price had risen $2.06 (8%) from $25.89 to $27.95. The stock price saw one of its best stretches over the last year between December 15, 2010 and December 23, 2010 when shares rose for seven straight trading days, rising 4.5% (+$1.09). It saw one of its worst periods between November 8, 2010 and November 16, 2010 when shares fell for seven straight trading days, falling 4.6% (-$1.19).

Shares of Companhia de Saneamento Basico do Estado de Sao Paulo-SABESP (NYSE:SBS) are trading at $52.28, down 78 cents (-1.4%) from the previous close of $53.03. The Company is engaged in the provision of basic and environmental sanitation services, and supplies treated water on a wholesale basis and provides sewage treatment services to other six municipalities of the Greater Sao Paulo Metropolitan Area.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $5.56 (-9.5%) from $58.59 to $53.03. The stock price saw one of its best stretches over the last year between July 14, 2011 and July 26, 2011 when shares rose for nine straight trading days, rising 5.5% (+$3.20). It saw one of its worst periods between August 1, 2011 and August 8, 2011 when shares fell for six straight trading days, falling 18.2% (-$10.88).

American Water Works Company, Inc. (NYSE:AWK) stocks are trading at $28.32. This is 35 cents (-1.3%) below the previous close of $28.68, making the company one of the biggest price losers in the sector today. American Water Works Co Inc provides water and wastewater services to residential, commercial and industrial customers in the United States and Canada.

Stock Price Performance: From September 2, 2011, to September 9, 2011, the stock price had dropped 81 cents (-2.7%) from $29.49 to $28.68. It saw one of its worst periods between May 31, 2011 and June 7, 2011 when shares fell for six straight trading days, falling 4.2% (-$1.25). The stock price saw one of its best stretches over the last year between April 21, 2011 and May 3, 2011 when shares rose for eight straight trading days, rising 4.3% (+$1.22).

NV Energy, Inc. (NYSE:NVE) is among the price losers in the sector. Its shares are trading at $13.85, which is 17 cents (-1.2%) below the previous close of $14.02. NV Energy, Inc., is an investor-owned holding company. Its utilities operate three business segments: NPC electric, SPPC electric and SPPC natural gas.

Stock Price Performance: From June 15, 2011, to September 9, 2011, the stock price had fallen $1.23 (-8.1%) from $15.25 to $14.02. The stock price saw one of its best stretches over the last year between April 25, 2011 and May 3, 2011 when shares rose for seven straight trading days, rising 3.1% (+45 cents). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 7.9% (-$1.22).

Energen Corporation (NYSE:EGN) is among the price losers in the sector as its stock price is $43.90, down 77 cents (-1.6%) from the previous close of $44.63. Energen Corporation is engaged in the development, acquisition, exploration & production of oil & natural gas & natural gas liquids in the continental U.S. and in the purchase, distribution and sale of natural gas in central & north Alabama.

Stock Price Performance: From July 14, 2011, to September 9, 2011, the stock price had fallen $12.50 (-21.9%) from $57.13 to $44.63. 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 8.6% (+$5.13). It saw one of its worst periods between May 31, 2011 and June 13, 2011 when shares fell for 10 straight trading days, falling 9.5% (-$5.92).