Pre-Market Technical Pulse on Utilities Stocks -- CenterPoint Energy, National Grid, New Jersey Resources, and American Water Works

NEW YORK, June 16, 2017 /PRNewswire/ --

DailyStockTracker.com has initiated research coverage on CenterPoint Energy Inc. (NYSE: CNP), National Grid PLC (NYSE: NGG), New Jersey Resources Corp. (NYSE: NJR), and American Water Works Co. Inc. (NYSE: AWK). According to the latest biannual EY Power & Utilities Capital Confidence Barometer, 59% of power and utilities executive respondents expect to actively pursue an acquisition in the next 12 months. That demonstrates a 12% increase in M&A appetite since the last Barometer (47%), and a seven-year high. Sign up today on DailyStockTracker.com and download our free research reports on these featured stocks at:

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CenterPoint Energy 

Houston, Texas-based CenterPoint Energy Inc.'s stock finished Thursday's session 0.85% higher at $28.61. A total volume of 3.36 million shares was traded, which was above their three months average volume of 2.84 million shares. The Company's shares have advanced 5.22% in the past month, 3.70% in the previous three months, and 16.11% since the start of this year. The stock is trading 2.04% above its 50-day moving average and 12.02% above its 200-day moving average. Additionally, shares of CenterPoint Energy, which operates as a public utility holding company in the US, have a Relative Strength Index (RSI) of 59.93. CNP complete research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=CNP

National Grid 

On Thursday, shares in London, UK headquartered National Grid PLC recorded a trading volume of 490,566 shares. The stock ended the session 0.37% lower at $65.37. The Company's shares have advanced 4.45% in the last one month, 16.36% in the previous three months, and 21.21% on an YTD basis. The stock is trading 3.19% above its 50-day moving average and 10.79% above its 200-day moving average. Moreover, shares of National Grid, which transmits and distributes electricity and natural gas, have an RSI of 46.84. The complimentary report on NGG can be downloaded at:

http://dailystocktracker.com/registration/?symbol=NGG

New Jersey Resources 

Wall, New Jersey-based New Jersey Resources Corp.'s shares closed the day 1.05% lower at $42.45. The stock recorded a trading volume of 406,614 shares. The Company's shares have gained 5.60% in the last month, 9.69% over the previous three months, and 19.58% on an YTD basis. The stock is trading 3.67% and 15.09% above its 50-day and 200-day moving averages, respectively. Additionally, shares of New Jersey Resources, which provides regulated gas distribution, and retail and wholesale energy services, have an RSI of 57.98.

On June 01^st, 2017, New Jersey Natural Gas Company, a regulated subsidiary of New Jersey Resources, submitted a series of filings to the New Jersey Board of Public Utilities (BPU) seeking to adjust its rates for the 2017-2018 winter heating season. The overall impact of the filings will be an increase of 2.9% for the typical customer. Pending BPU approval, the monthly bill for a typical residential heat customer using 100 therms a month will go from $105.25 to $108.27 - an increase of $3.02. Sign up for your complimentary report on NJR at:

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American Water Works 

Shares in Voorhees, New Jersey headquartered American Water Works Co. Inc. finished 0.91% higher at $82.06. The stock recorded a trading volume of 818,121 shares. The Company's shares have advanced 8.19% in the last one month, 8.34% in the previous three months, and 13.41% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.01% and 9.79%, respectively. Furthermore, shares of American Water Works, which through its subsidiaries, provides water and wastewater services in the US and Canada, have an RSI of 73.60.

On May 25^th, 2017, research firm Northcoast initiated a 'Neutral' rating on the Company's stock.

On June 12^th, 2017, American Water Works announced the achievement of 18 Partnership for Safe Water awards. The awards, which honor the efforts in continuously optimizing treatment plant and distribution system operation and performance, were presented during the 2017 American Water Works Association Annual Conference in Philadelphia, PA. Download the research report for free on AWK at:

http://dailystocktracker.com/registration/?symbol=AWK

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