Strength Seen In Atlantic Power (AT): Stock Up 8.9%

Atlantic Power Corporation (AT - Snapshot Report) was a big mover last session, as the company saw its shares rise by nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company — as the stock is now down more than 36% since Sep 10, 2014.

The company has seen no estimate revision over the past 7 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Atlantic Power currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Other well-performing stocks in the Utility-Electric Power sector include Huaneng Power International, Inc. (HNP - Snapshot Report), ALLETE, Inc. (ALE - Snapshot Report) and Black Hills Corporation (BKH - Snapshot Report). While Huaneng Power sports a Zacks Rank #1 (Strong Buy), ALLETE and Black Hills have a Zacks Rank #2 (Buy).

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