Best Renewable Energy Stocks To Watch Today - November 8th

Key Points

• MarketBeat’s renewable-energy stock screen highlighted seven companies with the sector’s highest recent dollar trading volume: Quanta Services, WEC Energy Group, Clearway Energy, NOV, HA Sustainable Infrastructure Capital, Gibraltar Industries, and Ameresco.
• The companies offer varied exposure to the sector, from utilities and wind/solar generation to solar equipment, energy-efficiency services, and infrastructure investment.
• Friday’s share moves were mixed: Quanta Services, NOV, Gibraltar Industries, and Ameresco rose, while WEC Energy, Clearway Energy, and HA Sustainable Infrastructure Capital fell.

Quanta Services, WEC Energy Group, Clearway Energy, NOV, HA Sustainable Infrastructure Capital, Gibraltar Industries, and Ameresco are the seven Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of publicly traded companies that generate, distribute, or support energy from sources such as solar, wind, hydropower, and geothermal. For investors, they offer exposure to the renewable energy sector, but their performance can be affected by factors such as technology costs, government policies, interest rates, and energy-market conditions. 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 Quanta Services stock traded up $31.82 on Friday, hitting $540.88. The stock had a trading volume of 2,775,356 shares, compared to its average volume of 1,612,821. Quanta Services has a twelve month low of $408.36 and a twelve month high of $788.75. The business's 50 day moving average is $628.83 and its two-hundred day moving average is $626.39. The company has a quick ratio of 1.13, a current ratio of 1.16 and a debt-to-equity ratio of 0.60. The stock has a market cap of $81.50 billion, a price-to-earnings ratio of 48.99, a price-to-earnings-growth ratio of 1.38 and a beta of 1.29.

Read Our Latest Research Report on PWR

WEC Energy Group (WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.

NYSE:WEC traded down $2.46 during mid-day trading on Friday, hitting $115.86. 3,901,146 shares of the stock were exchanged, compared to its average volume of 2,917,046. The firm's 50-day simple moving average is $106.86 and its 200 day simple moving average is $111.67. The stock has a market capitalization of $38.12 billion, a price-to-earnings ratio of 21.03, a price-to-earnings-growth ratio of 2.38 and a beta of 0.43. WEC Energy Group has a fifty-two week low of $99.80 and a fifty-two week high of $120.15. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.36 and a current ratio of 0.53.

Read Our Latest Research Report on WEC

Clearway Energy (CWEN)

Clearway Energy, Inc. operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities.

CWEN stock traded down $0.20 during trading hours on Friday, hitting $34.08. 1,913,716 shares of the stock were exchanged, compared to its average volume of 1,408,335. The company has a current ratio of 1.11, a quick ratio of 1.02 and a debt-to-equity ratio of 1.55. The firm has a market capitalization of $7.00 billion, a P/E ratio of 44.84 and a beta of 0.81. The company has a 50-day simple moving average of $31.12 and a two-hundred day simple moving average of $35.54. Clearway Energy has a 12 month low of $28.57 and a 12 month high of $41.74.

Read Our Latest Research Report on CWEN

NOV (NOV)

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.

Shares of NOV traded up $0.21 during midday trading on Friday, reaching $17.60. 3,563,122 shares of the stock were exchanged, compared to its average volume of 4,132,840. The stock's 50 day simple moving average is $19.70 and its 200 day simple moving average is $19.65. The company has a market cap of $6.27 billion, a P/E ratio of 44.00 and a beta of 0.96. NOV has a twelve month low of $14.30 and a twelve month high of $21.93. The company has a quick ratio of 1.66, a current ratio of 2.51 and a debt-to-equity ratio of 0.27.

Read Our Latest Research Report on NOV

HA Sustainable Infrastructure Capital (HASI)

HA Sustainable Infrastructure Capital, Inc., through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company's portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.

Shares of HASI stock traded down $0.83 on Friday, hitting $38.85. The company's stock had a trading volume of 1,326,068 shares, compared to its average volume of 1,026,868. HA Sustainable Infrastructure Capital has a fifty-two week low of $29.75 and a fifty-two week high of $44.13. The company has a market capitalization of $4.99 billion, a PE ratio of 40.47, a PEG ratio of 1.25 and a beta of 1.39. The stock's 50 day moving average is $37.27 and its 200-day moving average is $38.18. The company has a debt-to-equity ratio of 2.23, a quick ratio of 8.89 and a current ratio of 8.89.

Read Our Latest Research Report on HASI

Gibraltar Industries (ROCK)

Gibraltar Industries, Inc. manufactures and provides products and services for the renewable energy, residential, agtech, and infrastructure markets in the United States and internationally. It operates through four segments: Renewables, Residential, Agtech, and Infrastructure. The Renewables segment designs, engineers, manufactures, and installs solar racking and electrical balance of systems for commercial and distributed generation scale solar installations.

Gibraltar Industries stock traded up $0.78 during midday trading on Friday, hitting $32.47. The company's stock had a trading volume of 1,397,320 shares, compared to its average volume of 500,011. Gibraltar Industries has a 1-year low of $29.30 and a 1-year high of $62.92. The company has a debt-to-equity ratio of 1.37, a current ratio of 1.75 and a quick ratio of 0.91. The company has a 50-day moving average price of $40.78 and a two-hundred day moving average price of $42.85. The company has a market cap of $963.71 million, a price-to-earnings ratio of -19.44, a PEG ratio of 0.57 and a beta of 1.30.

Read Our Latest Research Report on ROCK

Ameresco (AMRC)

Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.

NYSE AMRC traded up $2.42 during trading on Friday, reaching $21.57. The company's stock had a trading volume of 957,392 shares, compared to its average volume of 582,496. The company has a current ratio of 1.67, a quick ratio of 1.66 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 41.49, a price-to-earnings-growth ratio of 1.61 and a beta of 2.50. Ameresco has a 12 month low of $18.09 and a 12 month high of $37.14. The firm has a 50 day moving average price of $21.45 and a 200 day moving average price of $26.24.

Read Our Latest Research Report on AMRC

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