Best Renewable Energy Stocks To Watch Now – August 10th

Petroleo Brasileiro S.A.- Petrobras, Southern, Bank of New York Mellon, Rockwell Automation, and Quanta Services are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are equity shares of companies that generate power from renewable sources—such as solar, wind, hydro, geothermal or biomass—or that manufacture the equipment and services needed for those industries. By investing in these stocks, shareholders gain exposure to the global shift toward low-carbon, sustainable energy solutions. Their performance is often driven by factors like government policy incentives, technological advances and changing energy demand patterns. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

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.

NYSE:PBR traded down $0.95 during mid-day trading on Friday, reaching $12.13. The company’s stock had a trading volume of 61,605,746 shares, compared to its average volume of 21,433,688. The company’s fifty day simple moving average is $12.49 and its two-hundred day simple moving average is $12.75. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.72 and a quick ratio of 0.47. Petroleo Brasileiro S.A.- Petrobras has a twelve month low of $11.03 and a twelve month high of $15.73. The stock has a market cap of $78.17 billion, a P/E ratio of 5.67 and a beta of 0.85.

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.

NYSE:SO traded down $0.60 during mid-day trading on Friday, reaching $94.75. The company’s stock had a trading volume of 4,148,246 shares, compared to its average volume of 5,395,827. The company’s fifty day simple moving average is $91.95 and its two-hundred day simple moving average is $89.85. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.74 and a quick ratio of 0.54. Southern has a twelve month low of $80.46 and a twelve month high of $96.44. The stock has a market cap of $104.23 billion, a P/E ratio of 24.36, a P/E/G ratio of 3.27 and a beta of 0.38.

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.

Shares of NYSE BK traded up $1.01 during midday trading on Friday, hitting $103.22. The stock had a trading volume of 3,083,288 shares, compared to its average volume of 4,312,141. The company has a market capitalization of $72.79 billion, a price-to-earnings ratio of 15.76, a PEG ratio of 0.99 and a beta of 1.12. Bank of New York Mellon has a 1-year low of $62.83 and a 1-year high of $103.98. The company has a quick ratio of 0.69, a current ratio of 0.72 and a debt-to-equity ratio of 0.86. The company has a fifty day moving average price of $94.41 and a 200 day moving average price of $87.51.

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 NYSE ROK traded up $1.08 during midday trading on Friday, hitting $333.67. The stock had a trading volume of 874,648 shares, compared to its average volume of 1,011,259. The company has a market capitalization of $37.51 billion, a price-to-earnings ratio of 39.16, a PEG ratio of 3.39 and a beta of 1.39. Rockwell Automation has a 1-year low of $215.00 and a 1-year high of $360.92. The company has a quick ratio of 0.72, a current ratio of 1.06 and a debt-to-equity ratio of 0.72. The company has a fifty day moving average price of $336.92 and a 200 day moving average price of $294.26.

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.

Shares of NYSE:PWR traded down $1.30 during mid-day trading on Friday, hitting $386.05. 655,319 shares of the company traded hands, compared to its average volume of 1,261,717. The firm has a market cap of $57.53 billion, a P/E ratio of 59.76, a PEG ratio of 2.30 and a beta of 1.10. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.32 and a current ratio of 1.37. Quanta Services has a 52-week low of $227.08 and a 52-week high of $424.94. The firm’s 50 day simple moving average is $380.24 and its 200 day simple moving average is $320.44.