April 16, 2013 at 09:25 AM EDT
Downtrending Utilities Stocks - Atlantic Power Corp (NYSE:AT), EQT Corporation (NYSE:EQT), Calpine Corporation (NYSE:CPN)

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New York, NY -- (SBWIRE) -- 04/16/2013 -- StockRunway.com issues special report on the Downtrending Utilities Stocks – Atlantic Power Corp (NYSE:AT), EQT Corporation (NYSE:EQT), Calpine Corporation (NYSE:CPN)

Atlantic Power Corp (NYSE:AT) declined after news that the Law Offices of Todd M. Garber launched a class action lawsuit against the company. The company late Monday declared its distribution for the month of April 2013. It plans to pay a dividend of Cdn$0.03333 per common share on May 31, 2013 to investors of record at the close of trading on April 30, 2013.

Atlantic Power Corp (NYSE:AT) lost -9.31% with the closing price of $4.58. The overall volume in the last trading session was 2.44 million shares. Its fifty two week range was $4.56-$15.18. The total market capitalization remained $603.44 million.

Has AT Found The Bottom And Ready To Gain Momentum? Find Out Here

The stock is ahead its 52 week low with 0.44% and its last month price volatility remained 5.14%. Its beta coefficient was 0.77 with a target price of $6.60. In its share capital, the company has 344.49 million outstanding shares while 325.80 million shares have been floated in market.

It has insider ownership of 5.43% with institutional ownership remained 60.67%. Earnings per share this year grew 0.34% while the five year EPS growth rate was -7.26%.

EQT Corporation (NYSE:EQT) declined sharply after analysts at CanaccordGenuity reduced their price goal on the stock from $64.00 to $69.00. Separately, the company disclosed last week its plan to host a teleconference with security analysts on April 25, 2013, beginning at 10:30 a.m. Eastern Time. The teleconference will discuss topics including financial results, operational results, and other matters. The company will also allow a brief Q&A session for security analysts immediately after the results discussion.

EQT Corporation (NYSE:EQT) slipped -4.82% and closed at $65.59 in the last trading session with the overall traded volume of 2.05 million shares, more versus the average volume of 1.51 million shares. Its 52 weeks high price was $70.47 and suffered lowest price of $43.69 in the same period.

Why Should Investors Buy EQT After the Recent Fall? Just Go Here and Find Out

EQT has current ratio of 1.50 and its total debt-to-equity ratio is 0.70. It has market cap of $9.87 billion while its total outstanding shares are 150.55 million. The stock beta value stands at 0.85 times.

Despite hitting new high, Calpine Corporation (NYSE:CPN) closed lower after BMO Capital Markets raised its PT on the stock from $23.00 to $25.00.

Calpine Corporation (NYSE:CPN) declined -3.04% with the closing price of $21.03. The overall volume in the last trading session was 3.69 million shares. Its fifty two week range was $15.90-$21.80. The total market capitalization remained $9.59 billion.

Will CPN Get Buyers Even After The Recent Rally? Find Out Here

CPN is ahead its 52 week low with 32.26% and its last month price volatility remained 1.62%. Its beta coefficient was 1.30 with a target price of $22.36. In its share capital, the company has 455.46 million outstanding shares while 454.50 million shares have been floated in market. It has insider ownership of 0.18% with its institutional ownership remained 93.05%. EPS this year advanced 207.86% while the five year EPS growth rate was -40.40%.

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