Coverage Initiated on Utilities Stocks Algonquin Power and Utilities, TransAlta Renewables, Home Capital, and Northland Power

LONDON, UK / ACCESSWIRE / August 1, 2016 / Active Wall St. announces the list of stocks for today’s coverage. Pre-market the Active Wall St. team provides the technical notes impacting selected stocks trading on the Toronto Exchange and belonging under the Utilities sector. Companies recently under review include Algonquin Power & Utilities, TransAlta Renewables, Home Capital, and Northland Power. Get all of our research notes free by signing up at: http://www.activewallst.com/register/.

On Friday, July 29, 2016, the TSX Composite Index edged 0.21% higher, to finish at 14,582.74. At the close of the same session, the Utilities Index closed at 246.66, up 0.26%.

Active Wall St. has initiated coverage on the following equities: Algonquin Power & Utilities Corporation (TSX: AQN), TransAlta Renewables Inc. (TSX: RNW), Hydro One Ltd. (TSX: H), and Northland Power Inc. (TSX: NPI). Register with us now for your free membership and more at: http://www.activewallst.com/register/.

Algonquin Power & Utilities Corp. (TSX: AQN)

On Friday, shares in Oakville, Canada headquartered Algonquin Power & Utilities Corp. recorded a trading volume of 566,658 shares. The stock ended the day 0.25% higher at $12.21. Algonquin Power & Utilities’ stock has advanced 2.69% in the last one month and 10.70% in the previous three months. Furthermore, the stock has gained 27.45% in the past one year. The Company’s shares are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $12.09 is above its 200-day moving average of $11.28. Shares of the Company, which through its subsidiaries, engages in the generation, distribution, and transmission utility assets in North America, traded at a PE ratio of 45.22. See our notes on AQN.TO at: http://www.activewallst.com/registration-3/?symbol=AQN.

TransAlta Renewables Inc. (TSX: RNW)

Calgary, Canada headquartered TransAlta Renewables Inc.’s stock finished Friday’s session 1.90% higher at $14.09 with a total volume of 224,253 shares traded. Over the last one month and the previous three months, TransAlta Renewables’ shares have advanced 6.50% and 13.81%, respectively. Furthermore, the stock has gained 12.72% in the past one year. The Company’s shares are trading above its 50-day and 200-day moving averages. TransAlta Renewables’ 50-day moving average of $13.33 is above its 200-day moving average of $12.16. Shares of the Company, which develops, owns, and operates renewable power generation facilities, traded at a PE ratio of 19.38. The complimentary notes on RNW.TO at: http://www.activewallst.com/registration-3/?symbol=RNW.

Home Capital Group Inc. (TSX: H)

Toronto, Canada headquartered Hydro One Ltd.’s stock edged 0.15% higher, to close the day at $25.93. The stock recorded a trading volume of 295,512 shares. Hydro One’s shares have gained 1.69% in the last one month, 10.06% in the previous three months, and 17.76% in the past one year. Shares of the company, which through its subsidiaries, operates as an electrical transmission and distribution utility in Ontario, are trading above their 50-day and 200-day moving averages. Moreover, the stock’s 50-day moving average of $25.53 is greater than its 200-day moving average of $23.94. The Company’s shares traded at a PE ratio of 20.34. Register for free and access the latest notes on H.TO at: http://www.activewallst.com/registration-3/?symbol=H.

Northland Power Inc. (TSX: NPI)

On Friday, shares in Toronto, Canada headquartered Northland Power Inc. ended the session 0.53% higher at $24.53 with a total volume of 167,622 shares traded. Northland Power’s shares have gained 11.40% in the last one month and 17.88% in the previous three months. Moreover, the stock has surged 53.41% in the past one year. Shares in the Company, which develops, builds, owns, and operates power generation projects primarily in Canada and Europe, are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $23.18 is greater than its 200-day moving average of $21.18. Get free access to your notes on NPI.TO at: http://www.activewallst.com/registration-3/?symbol=NPI.

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