Stocks Intraday Alert: Energy Transfer Equity, L.P. (ETE), PPL (PPL), Bottomline Technologies (de) (EPAY)

PPL Corporation (PPL) failed to extend gains with the stock declining -1.87% or $-0.66 to close the day at $34.66 on lower than average trading volume of 3.51M shares, compared to its three month average trading volume of 4.84M. The Allentown Pennsylvania 18101 based company has been outperforming the electric utilities companies by -9.5413% for last three months and its recent losses have trimmed gains to 3.64% YTD, versus the electric utilities industry which is up 14.61% for the same period. The RSI of 32.12 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

Bottomline Technologies (de), Inc. (EPAY) had a light trading with around 3.5M shares changing hands compared to its three month average trading volume of 347.35K. The stock traded between $22.05 and $24.3 before closing at the price of $23.39 with 12.34% change on the day. The Portsmouth New Hampshire 03801 based company is currently trading 26.57% above its 52 week low of $18.48 and -25.93% below its 52 week high of $31.58. Both the RSI indicator and target price of 69.1 and $26.5 respectively, lead us to believe that it should be put on hold over the coming weeks.

Bottomline Technologies (de), Inc. provides hosted or software as a service solutions for various industries worldwide. Its products and services include Paymode-X, a business-to-business electronic payment network that offers electronic payments, remittance delivery, online access to payment detail and reports, online payment approvals, and turnkey vendor enrollment and support; and digital banking solutions that enable banks to offer their customers a host of capabilities, including ACH and BACS payments, wires, international payments, check production, customer acquisition, and balance and information reporting, as well as enterprise-wide cash management and interaction. The company also provides legal spend management solutions, which integrate with claims management, and time and billing systems to automate legal invoice management processes; cyber fraud and risk management solutions that monitors, replays, and analyzes user behavior to flag and stop suspicious activity in real time; and cloud-based financial messaging solutions that enable corporations exchange financial information, such as payment instructions, cash reporting, and other messages related to financial transaction with their banks and counterparties. In addition, it offers payment automation solutions to generate a range of payment instructions along with consolidated bank reporting of cash activity; document automation solutions to automate a range of business documents and supply chain processes, and related Web-based delivery and document archive; and patient registration, electronic signature, mobile document, and payment solutions for healthcare organizations. Further, the company provides consulting, project implementation, and training services; and sells printers, check papers, and magnetic ink character recognition toners. Bottomline Technologies (de), Inc. was founded in 1989 and is headquartered in Portsmouth, New Hampshire.

Energy Transfer Equity, L.P. (ETE) traded within a range of $17.92 to $18.21 after opening the day at $18.13. The company has seen its stock increase in value by 43.12% so far this year. The stock was up close to 1% on light volume in last trading session and closed at $18.19 per share. After the recent gain, the stock is currently holding -30.96% below its 52 week high of $28.85 and 373.81% above its 12-month low of $4. The shares are up by over 58.96% in the last three months, and the RSI indicator value of 67.62 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Energy Transfer Equity, L.P. provides diversified energy-related services in the Unites States. It owns and operates approximately 7,500 miles of natural gas transportation pipelines and three natural gas storage facilities in Texas; and approximately 12,300 miles of interstate natural gas pipelines. The company sells natural gas to electric utilities, independent power plants, local distribution companies, industrial end-users, and other marketing companies. Its midstream operations include ownership and operation of approximately 35,000 miles of in service natural gas pipelines, 31 natural gas processing plants, 21 natural gas treating facilities, and 4 natural gas conditioning facilities in Texas, New Mexico, West Virginia, Pennsylvania, and Louisiana; operation of natural gas gathering, oil pipeline, and oil stabilization facilities in South Texas, as well as a natural gas gathering system in Ohio; and transportation and supply of water to natural gas producers in Pennsylvania. The company’s natural gas liquid (NGL) transportation and services operations include ownership of approximately 2,000 miles of NGL pipelines, three NGL processing plants, four NGL and propane fractionation facilities, and NGL storage facilities. It also sells gasoline and middle distillates at retail; operates convenience stores primarily on the east coast and in the Midwest region of the United States; and gathers, purchases, stores, transports, markets, and sells crude oil, NGLs, and refined products. In addition, it provides natural gas compression services; treating services, such as carbon dioxide and hydrogen sulfide removal, natural gas cooling, dehydration, and British thermal unit management services; and manages coal and natural resources properties, as well as sells standing timber, leases coal-related infrastructure facilities, collects oil and gas royalties, and generates a total of 75 megawatts electrical power. The company was founded in 2002 and is based in Dallas, Texas.

 

News Review: Bottomline Technologies (NASDAQ:EPAY), Heat Biologics Inc (NASDAQ:HTBX), Cardinal Financial Corporation (NASDAQ:CFNL)

Bottomline Technologies (NASDAQ:EPAY) increased +1.54% during last trading as the stock added $0.29 to finish the day at $19.09 with about 955,153.00 shares changing hands, compared to its three month average trading volume of 343,376.00. The $793.32M market cap company, which fluctuated between $181.48 and $19.55 during the day, currently situated 1.87% above its 52 week low of $18.74 and -39.55% away from its one year high of $31.58. The RSI of 29.48 indicates the stock is overbought at the current levels, sell for now. Bottomline Technologies (de), Inc. is a provider of cloud-based digital banking, fraud prevention, payment, financial document, insurance and healthcare solutions. The Company’s segments include Payments and Transactional Documents, Hosted Solutions and Digital Banking.

Heat Biologics Inc (NASDAQ:HTBX) gained $0.03 to close the day at a new closing price of $1.55, a 1.97% increase in value from its previous closing price that moved the stock 287.50% above its 52 week low of $0.40. A total of 952,084.00 shares exchanged hands during the day compared with its three month average trading volume of 3.05M. The stock, which fluctuated between $1.50 and $1.60 during the day, currently situated -74.04% below its 52 week high. The stock is up by 78.16% in the past one month and up by 187.04% over the past three months. With a one year target estimate of $5.38 and RSI of 62.66, the stock still has upside potential, making it a hold for now. Heat Biologics, Inc. is a development-stage company focused on developing allogeneic, off-the-shelf cellular therapeutic vaccines to combat a range of cancers.

Cardinal Financial Corporation (NASDAQ:CFNL) had a light trading with around 947,896.00 shares changing hands compared to its three month average trading volume of 192,977.00. The stock traded between $26.33 and $26.45 before closing at the price of $26.37 with -0.53% change on the day. The company is currently trading 52.14% below its 52 week low of $17.33 and -6.36% below its 52 week high of $28.16. Both the RSI indicator and target price of 63.14 and $24.50 respectively, lead us to believe that it could drop over the coming weeks. Cardinal Financial Corporation is a financial holding company. The Company owns Cardinal Bank (the Bank), a Virginia state-chartered community bank.