Renewable Energy Stocks To Watch Now – August 13th

Quanta Services, Petroleo Brasileiro S.A.- Petrobras, Bank of New York Mellon, Rockwell Automation, and Southern are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are equity shares in companies that develop, produce or distribute power from sustainable sources such as solar, wind, hydro and geothermal. By owning these shares, investors gain exposure to the clean-energy sector and its growth potential driven by global decarbonization efforts. Their performance, however, can be affected by policy changes, technological innovation and market volatility. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

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 $15.48 during trading on Wednesday, hitting $376.09. 1,051,550 shares of the company were exchanged, compared to its average volume of 1,422,968. The firm has a market capitalization of $56.04 billion, a PE ratio of 58.22, a P/E/G ratio of 2.28 and a beta of 1.10. Quanta Services has a 12-month low of $227.08 and a 12-month high of $424.94. The company has a fifty day moving average price of $381.71 and a 200-day moving average price of $320.88. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.32 and a current ratio of 1.37.

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.

PBR traded down $0.05 on Wednesday, reaching $12.20. The company’s stock had a trading volume of 21,152,364 shares, compared to its average volume of 21,293,809. The stock has a 50 day moving average of $12.51 and a two-hundred day moving average of $12.73. The company has a quick ratio of 0.47, a current ratio of 0.72 and a debt-to-equity ratio of 0.76. The company has a market capitalization of $78.59 billion, a price-to-earnings ratio of 5.70 and a beta of 0.85. Petroleo Brasileiro S.A.- Petrobras has a fifty-two week low of $11.03 and a fifty-two week high of $15.73.

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 BK traded down $2.18 during trading hours on Wednesday, reaching $101.44. 2,368,734 shares of the company traded hands, compared to its average volume of 4,237,657. The stock has a fifty day simple moving average of $94.98 and a 200 day simple moving average of $87.76. Bank of New York Mellon has a fifty-two week low of $63.50 and a fifty-two week high of $104.47. The stock has a market capitalization of $71.54 billion, a PE ratio of 15.49, a price-to-earnings-growth ratio of 1.00 and a beta of 1.12. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.86.

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 $7.58 during trading hours on Wednesday, reaching $347.33. The stock had a trading volume of 613,912 shares, compared to its average volume of 945,088. The firm has a market capitalization of $39.05 billion, a price-to-earnings ratio of 40.76, a P/E/G ratio of 3.39 and a beta of 1.39. The company has a current ratio of 1.06, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. Rockwell Automation has a 1 year low of $215.00 and a 1 year high of $360.92. The firm has a 50 day simple moving average of $337.63 and a two-hundred day simple moving average of $294.89.

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 traded up $0.57 during mid-day trading on Wednesday, hitting $94.53. The stock had a trading volume of 1,517,162 shares, compared to its average volume of 5,176,637. The company has a market cap of $103.99 billion, a PE ratio of 24.29, a PEG ratio of 3.27 and a beta of 0.38. The company’s fifty day simple moving average is $92.13 and its two-hundred day simple moving average is $90.01. The company has a quick ratio of 0.54, a current ratio of 0.74 and a debt-to-equity ratio of 1.69. Southern has a fifty-two week low of $80.46 and a fifty-two week high of $96.44.