Promising Water Stocks To Watch Now – August 9th

Home Depot, NuScale Power, and CRH are the three Water stocks to watch today, according to MarketBeat’s stock screener tool. Water stocks are the quantities of water held in natural or artificial reservoirs at a given time. They include groundwater in aquifers, surface water in lakes and rivers, soil moisture, snow and ice packs, and man-made storage in dams and tanks. By determining how much freshwater is available, water stocks help govern ecosystem health, agricultural productivity, and human supply needs. These companies had the highest dollar trading volume of any Water stocks within the last several days.

Home Depot (HD)

The Home Depot, Inc. operates as a home improvement retailer in the United States and internationally. It sells various building materials, home improvement products, lawn and garden products, and décor products, as well as facilities maintenance, repair, and operations products. The company also offers installation services for flooring, water heaters, bath, garage doors, cabinets, cabinet makeovers, countertops, sheds, furnaces and central air systems, and windows.

Shares of NYSE HD traded up $1.60 during midday trading on Friday, hitting $387.77. 2,326,668 shares of the company’s stock were exchanged, compared to its average volume of 3,127,176. The company has a quick ratio of 0.28, a current ratio of 1.09 and a debt-to-equity ratio of 5.95. Home Depot has a 12 month low of $326.31 and a 12 month high of $439.37. The company’s 50 day moving average price is $367.64 and its 200 day moving average price is $372.52. The firm has a market capitalization of $385.80 billion, a PE ratio of 26.31, a price-to-earnings-growth ratio of 3.67 and a beta of 1.00.

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

Shares of NYSE SMR traded down $5.19 during midday trading on Friday, hitting $39.49. 21,633,175 shares of the company’s stock were exchanged, compared to its average volume of 14,126,357. NuScale Power has a 12 month low of $6.88 and a 12 month high of $53.50. The company’s 50 day moving average price is $40.81 and its 200 day moving average price is $26.99. The firm has a market capitalization of $11.23 billion, a PE ratio of -33.18 and a beta of 2.06.

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

Shares of NYSE CRH traded up $2.64 during midday trading on Friday, hitting $109.56. 7,683,843 shares of the company’s stock were exchanged, compared to its average volume of 4,160,455. CRH has a 12 month low of $76.75 and a 12 month high of $110.97. The company’s 50 day moving average price is $94.17 and its 200 day moving average price is $94.99. The firm has a market capitalization of $74.02 billion, a PE ratio of 22.92, a price-to-earnings-growth ratio of 1.38 and a beta of 1.26.