Best Renewable Energy Stocks To Follow Now – July 15th

Bank of New York Mellon, Southern, Rockwell Automation, Quanta Services, and Petroleo Brasileiro S.A.- Petrobras are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are publicly traded shares of companies that generate, develop or distribute power from renewable sources such as solar, wind, hydroelectric, geothermal and biomass. By investing in these equities, shareholders gain exposure to the growth of the clean-energy sector driven by climate policies, technological innovation and rising global energy demand. These stocks allow investors to participate financially in the long-term transition toward low-carbon energy systems. 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.

BK traded down $0.16 during trading hours on Tuesday, hitting $95.09. The company’s stock had a trading volume of 4,909,838 shares, compared to its average volume of 4,296,611. The firm has a market capitalization of $68.03 billion, a PE ratio of 15.49, a PEG ratio of 1.00 and a beta of 1.07. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.81. The company has a 50-day simple moving average of $89.86 and a 200 day simple moving average of $84.78. Bank of New York Mellon has a fifty-two week low of $60.93 and a fifty-two week high of $96.47.

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 Southern stock traded down $0.06 during trading on Tuesday, reaching $92.62. The company’s stock had a trading volume of 2,389,385 shares, compared to its average volume of 5,161,646. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.65 and a current ratio of 0.86. The business’s fifty day moving average price is $89.85 and its 200-day moving average price is $88.29. The firm has a market cap of $101.79 billion, a price-to-earnings ratio of 22.10, a price-to-earnings-growth ratio of 3.31 and a beta of 0.38. Southern has a one year low of $80.26 and a one year high of $94.45.

Rockwell Automation (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

Shares of Rockwell Automation stock traded up $5.01 on Tuesday, hitting $348.18. 546,412 shares of the company’s stock traded hands, compared to its average volume of 928,160. The stock has a market capitalization of $39.25 billion, a PE ratio of 43.85, a price-to-earnings-growth ratio of 3.86 and a beta of 1.38. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.05 and a quick ratio of 0.72. Rockwell Automation has a one year low of $215.00 and a one year high of $351.07. The firm’s 50-day moving average price is $319.04 and its two-hundred day moving average price is $285.42.

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.

PWR traded up $1.61 during trading on Tuesday, reaching $388.61. 283,817 shares of the stock were exchanged, compared to its average volume of 1,446,766. The stock has a market cap of $57.62 billion, a P/E ratio of 62.68, a price-to-earnings-growth ratio of 2.98 and a beta of 1.08. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.26 and a current ratio of 1.31. Quanta Services has a twelve month low of $227.08 and a twelve month high of $390.07. The stock’s 50 day moving average price is $355.23 and its two-hundred day moving average price is $310.23.

Petroleo Brasileiro S.A.- Petrobras (PBR)

Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

Petroleo Brasileiro S.A.- Petrobras stock traded down $0.09 during mid-day trading on Tuesday, reaching $12.52. The company had a trading volume of 8,285,250 shares, compared to its average volume of 20,741,033. The company has a market cap of $80.65 billion, a P/E ratio of 9.34 and a beta of 0.85. The business has a fifty day simple moving average of $12.20 and a 200 day simple moving average of $12.86. The company has a current ratio of 0.72, a quick ratio of 0.47 and a debt-to-equity ratio of 0.76. Petroleo Brasileiro S.A.- Petrobras has a fifty-two week low of $11.03 and a fifty-two week high of $15.73.