Renewable Energy Stocks To Follow Today – May 18th

Bank of New York Mellon, Southern, and Quanta Services are the three Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares in publicly traded companies that generate electricity from renewable sources—such as solar, wind, hydroelectric, geothermal, and biomass—or produce the equipment and technology that make these systems possible. Investing in these stocks provides exposure to the growth of clean energy and the global transition away from fossil fuels, with performance often driven by policy support, technological advancements, and environmental standards. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

Bank of New York Mellon (BK)

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.

NYSE:BK traded up $0.67 during mid-day trading on Friday, hitting $90.06. 6,290,007 shares of the stock were exchanged, compared to its average volume of 4,034,825. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.69. The firm’s 50-day simple moving average is $81.07 and its 200 day simple moving average is $81.37. Bank of New York Mellon has a fifty-two week low of $57.18 and a fifty-two week high of $90.50. The stock has a market capitalization of $64.43 billion, a price-to-earnings ratio of 15.50, a price-to-earnings-growth ratio of 0.97 and a beta of 1.05.

Southern (SO)

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.

Shares of SO stock traded up $1.34 on Friday, hitting $88.72. The company’s stock had a trading volume of 4,181,166 shares, compared to its average volume of 4,428,817. Southern has a fifty-two week low of $76.64 and a fifty-two week high of $94.45. The company has a market capitalization of $97.50 billion, a PE ratio of 22.12, a PEG ratio of 3.01 and a beta of 0.40. The stock’s 50 day moving average is $89.90 and its 200-day moving average is $87.16. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.66 and a current ratio of 0.67.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

NYSE PWR traded up $4.55 during trading on Friday, reaching $344.92. The company’s stock had a trading volume of 1,070,444 shares, compared to its average volume of 1,611,328. Quanta Services has a 12 month low of $227.08 and a 12 month high of $365.88. The firm has a 50 day moving average price of $281.22 and a 200 day moving average price of $301.67. The firm has a market capitalization of $51.14 billion, a price-to-earnings ratio of 57.20, a price-to-earnings-growth ratio of 1.41 and a beta of 1.02. The company has a current ratio of 1.30, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56.