Initiating Research Reports on Utilities Equities -- FuelCell Energy, Pattern Energy, PNM Resources, and Vectren

NEW YORK, June 13, 2017 /PRNewswire/ --

For today, DailyStockTracker.com takes a closer look at four Diversified Utilities companies, namely: FuelCell Energy Inc. (NASDAQ: FCEL), Pattern Energy Group Inc. (NASDAQ: PEGI), PNM Resources Inc. (NYSE: PNM), and Vectren Corp. (NYSE: VVC). These stocks belong to the Utility sector, which is mature and fundamentally strong as demand for utility services is generally immune to the vagaries of the economic cycle. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:

http://dailystocktracker.com/register/

FuelCell Energy 

Danbury, Connecticut headquartered FuelCell Energy Inc.'s stock finished Monday's session flat at $1.10 with a total trading volume of 479,414 shares. The Company's shares are trading below their 50-day moving average by 11.32%. Shares of the Company, which together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation, have a Relative Strength Index (RSI) of 49.40.

On June 08^th, 2017, FuelCell Energy reported financial results for Q2 ended April 30^th, 2017. Total revenues for the quarter were $20.4 million, gross profit totaled $0.4 million, and gross margin was 1.9%. Operating expenses for Q2 2017 totaled $11.9 million, net loss attributable to common shareholders totaled $14.0 million, and adjusted EBITDA totaled ($8.0) million. Additionally, cash, cash equivalents, restricted cash, and financing availability totaled $124.1 million as of April 30^th, 2017. Visit us today and access our complete research report on FCEL at:

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

Pattern Energy 

Shares in San Francisco, California headquartered Pattern Energy Group Inc. ended at $23.05, down 0.09% from the last trading session. The stock recorded a trading volume of 522,459 shares. The Company's shares have gained 5.88% in the last one month, 16.83% in the previous three months, and 21.38% on an YTD basis. The stock is trading 5.70% above its 50-day moving average and 9.18% above its 200-day moving average. Moreover, shares of Pattern Energy, which operates as an independent power company that owns and operates power projects in the US, Canada, and Chile, have an RSI of 65.60.

On June 02^nd, 2017, Pattern Energy announced that the nominees listed in the Proxy Statement, dated April 14^th, 2017, for the 2017 Annual Meeting of Stockholders were elected as Directors of the Company. In addition, the appointment of Ernst & Young as the Company's independent registered public accounting firm for the fiscal year ending December 31^st, 2017 was ratified. The complimentary report on PEGI can be downloaded at:

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

PNM Resources 

Albuquerque, New Mexico headquartered PNM Resources Inc.'s stock ended yesterday's session 0.38% lower at $39.15 with a total trading volume of 556,134 shares. The Company's shares have advanced 6.39% in the past month, 8.00% over the previous three months, and 14.14% on an YTD basis. The stock is trading 4.11% and 13.04% above its 50-day and 200-day moving averages, respectively. Additionally, shares of PNM Resources, which through its subsidiaries, engages in the energy and energy-related businesses in the US, have an RSI of 63.12. Register for free on DailyStockTracker.com and access the latest research report on PNM at:

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

Vectren 

On Monday, shares in Evansville, Indiana headquartered Vectren Corp. recorded a trading volume of 323,108 shares. The stock finished 0.41% lower at $60.88. The Company's shares have advanced 2.87% in the last one month, 7.64% in the previous three months, and 16.74% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.83% and 12.95%, respectively. Furthermore, shares of Vectren, which provides energy delivery services to residential, commercial, and industrial and other contract customers, have an RSI of 51.63.

On June 05^th, 2017, Energy Systems Group, a wholly owned subsidiary of Vectren, announced that it has been awarded an Indefinite Delivery Indefinite Quantity (IDIQ) contract for federal Energy Savings Performance Contracts by the US Department of Energy. The Company is one of 21 companies awarded with the $55-billion IDIQ contract to develop new energy and water savings projects for federal facilities. Get free access to your research report on VVC at:

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

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