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Best Renewable Energy Stocks To Watch Now - June 4th

Quanta Services logo with Construction background

Quanta Services, Southern, Petróleo Brasileiro S.A. - Petrobras, Bank of New York Mellon, Rockwell Automation, Algonquin Power & Utilities, and CMS Energy are the seven Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares in companies that generate, distribute or service power from renewable sources such as wind, solar, hydro and geothermal. By investing in firms that develop clean-energy projects, manufacture green-tech equipment or provide related services, shareholders gain exposure to the growing low-carbon energy market. These stocks let investors support environmental sustainability while seeking financial returns from the transition away from fossil fuels. 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 up $4.32 during midday trading on Wednesday, reaching $360.81. 638,086 shares of the company's stock traded hands, compared to its average volume of 1,539,575. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.30. Quanta Services has a 1 year low of $227.08 and a 1 year high of $365.88. The company has a market cap of $53.50 billion, a P/E ratio of 59.84, a PEG ratio of 1.41 and a beta of 1.02. The company has a fifty day simple moving average of $299.73 and a two-hundred day simple moving average of $303.63.

Read Our Latest Research Report on PWR

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.

SO traded down $0.10 on Wednesday, hitting $89.49. The company had a trading volume of 2,421,232 shares, compared to its average volume of 4,510,441. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 1.60. The firm has a market cap of $98.35 billion, a P/E ratio of 22.32, a PEG ratio of 3.01 and a beta of 0.40. The company's fifty day moving average price is $89.90 and its 200 day moving average price is $87.28. Southern has a 1 year low of $76.96 and a 1 year high of $94.45.

Read Our Latest Research Report on SO

Petróleo 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 stock traded down $0.19 during trading on Wednesday, hitting $11.19. 16,066,659 shares of the company's stock were exchanged, compared to its average volume of 17,474,596. The business has a 50-day moving average price of $11.96 and a two-hundred day moving average price of $13.14. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 0.65. Petróleo Brasileiro S.A. - Petrobras has a 52-week low of $11.03 and a 52-week high of $15.73. The stock has a market capitalization of $72.11 billion, a price-to-earnings ratio of 4.37, a PEG ratio of 0.18 and a beta of 0.87.

Read Our Latest Research Report on PBR

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 $0.55 during trading on Wednesday, reaching $88.77. The company's stock had a trading volume of 1,916,063 shares, compared to its average volume of 4,260,073. Bank of New York Mellon has a 52-week low of $57.18 and a 52-week high of $90.63. 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 company has a market capitalization of $63.51 billion, a price-to-earnings ratio of 15.28, a price-to-earnings-growth ratio of 0.97 and a beta of 1.05. The company's fifty day moving average price is $82.54 and its 200-day moving average price is $82.39.

Read Our Latest Research Report on BK

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.

ROK traded up $3.23 during trading on Wednesday, hitting $319.85. 365,215 shares of the company's stock were exchanged, compared to its average volume of 958,661. The stock has a 50 day moving average price of $266.80 and a 200 day moving average price of $277.83. Rockwell Automation has a 1 year low of $215.00 and a 1 year high of $320.15. The firm has a market cap of $36.05 billion, a P/E ratio of 39.83, a price-to-earnings-growth ratio of 3.53 and a beta of 1.38. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72.

Read Our Latest Research Report on ROK

Algonquin Power & Utilities (AQN)

Algonquin Power & Utilities Corp. is an investment holding company, which engages in energy generation and water distribution facilities. It operates through the Regulated Services Group and Renewable Energy Group segments. The Regulated Services Group segment owns and operates a portfolio of electric, natural gas, water distribution, and wastewater collection utility systems and transmission.

Algonquin Power & Utilities stock traded down $0.24 during midday trading on Wednesday, reaching $5.98. 15,565,865 shares of the stock traded hands, compared to its average volume of 8,461,617. The firm has a market cap of $4.59 billion, a price-to-earnings ratio of -4.64 and a beta of 0.67. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.17. The firm has a fifty day moving average price of $5.33 and a two-hundred day moving average price of $4.90. Algonquin Power & Utilities has a fifty-two week low of $4.19 and a fifty-two week high of $6.36.

Read Our Latest Research Report on AQN

CMS Energy (CMS)

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

Shares of CMS Energy stock traded down $0.09 on Wednesday, reaching $70.83. 987,737 shares of the company were exchanged, compared to its average volume of 2,545,939. The firm has a market capitalization of $21.19 billion, a price-to-earnings ratio of 21.33, a price-to-earnings-growth ratio of 2.56 and a beta of 0.42. The company has a current ratio of 0.79, a quick ratio of 0.57 and a debt-to-equity ratio of 1.80. CMS Energy has a fifty-two week low of $58.50 and a fifty-two week high of $76.45. The stock has a fifty day moving average price of $71.99 and a 200-day moving average price of $70.00.

Read Our Latest Research Report on CMS

See Also

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