Tesla, Berkshire Hathaway, and Riot Platforms are the three Utility stocks to watch today, according to MarketBeat's stock screener tool. Utility stocks are shares of companies that provide essential public services—such as electricity, natural gas, water and wastewater treatment, and in some cases telecommunications. Because these services are always in demand and their providers often operate in regulated markets, utility stocks tend to offer relatively stable revenues and dividends, though with slower growth compared to more cyclical sectors. These companies had the highest dollar trading volume of any Utility stocks within the last several days.
Tesla (TSLA)
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.
Tesla stock traded up $1.67 during mid-day trading on Wednesday, reaching $333.78. 53,629,417 shares of the company were exchanged, compared to its average volume of 98,582,257. The business has a fifty day moving average of $326.27 and a 200 day moving average of $316.26. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The firm has a market cap of $1.08 trillion, a P/E ratio of 183.36, a PEG ratio of 12.52 and a beta of 2.39. Tesla has a 12-month low of $182.00 and a 12-month high of $488.54.
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Berkshire Hathaway (BRK.B)
Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.
Berkshire Hathaway stock traded up $5.65 during mid-day trading on Wednesday, reaching $483.78. 2,619,658 shares of the company were exchanged, compared to its average volume of 4,415,851. The business has a fifty day moving average of $491.61 and a 200 day moving average of $495.26. The firm has a market cap of $1.04 trillion, a P/E ratio of 12.89, a PEG ratio of 3.30 and a beta of 0.83. Berkshire Hathaway has a 12-month low of $406.11 and a 12-month high of $542.07.
Read Our Latest Research Report on BRK.B
Riot Platforms (RIOT)
Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.
Shares of RIOT stock traded down $0.21 during trading hours on Wednesday, reaching $14.06. 52,320,512 shares of the company's stock were exchanged, compared to its average volume of 29,497,837. The stock's 50 day moving average is $10.23 and its 200-day moving average is $9.71. The company has a market cap of $5.02 billion, a price-to-earnings ratio of -10.66 and a beta of 4.57. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 0.20. Riot Platforms has a fifty-two week low of $6.19 and a fifty-two week high of $15.87.
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