Energy Stocks To Keep An Eye On - November 4th

Key Points

• Tesla, Bloom Energy, and GE Vernova were identified as energy stocks to watch based on their recent dollar trading volume.
• Tesla shares fell $7.41 to $391.09 Wednesday. The company’s businesses span electric vehicles and energy generation and storage.
• Bloom Energy dropped $14.42 to $199.59, while GE Vernova fell $96.02 to $822.18. Bloom makes fuel-cell systems for on-site power; GE Vernova operates in power, wind, and electrification.

Tesla, Bloom Energy, and GE Vernova are the three Energy stocks to watch today, according to MarketBeat's stock screener tool. Energy stocks are shares of companies involved in producing, refining, transporting, or supplying energy, including oil, natural gas, coal, and renewable power. For investors, these stocks can offer income and growth potential but are often affected by commodity prices, energy demand, regulation, and geopolitical events. These companies had the highest dollar trading volume of any Energy 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.

NASDAQ:TSLA traded down $7.41 during trading hours on Wednesday, reaching $391.09. The company's stock had a trading volume of 29,200,418 shares, compared to its average volume of 50,057,777. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. The company has a market cap of $1.55 trillion, a price-to-earnings ratio of 429.13, a price-to-earnings-growth ratio of 25.01 and a beta of 1.74. The business's 50-day moving average is $371.42 and its 200-day moving average is $385.39. Tesla has a one year low of $297.38 and a one year high of $498.83.

Read Our Latest Research Report on TSLA

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

Shares of Bloom Energy stock traded down $14.42 on Wednesday, reaching $199.59. The stock had a trading volume of 16,687,965 shares, compared to its average volume of 13,248,889. The business's 50-day moving average price is $248.26 and its two-hundred day moving average price is $220.48. The company has a debt-to-equity ratio of 1.33, a quick ratio of 3.08 and a current ratio of 3.74. Bloom Energy has a fifty-two week low of $75.70 and a fifty-two week high of $351.28. The stock has a market cap of $59.01 billion, a P/E ratio of 122.27, a price-to-earnings-growth ratio of 1.98 and a beta of 3.63.

Read Our Latest Research Report on BE

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

GE Vernova stock traded down $96.02 on Wednesday, reaching $822.18. 4,010,659 shares of the stock were exchanged, compared to its average volume of 2,706,868. The stock has a market cap of $217.62 billion, a PE ratio of 21.61, a PEG ratio of 2.92 and a beta of 1.25. The firm has a fifty day moving average price of $932.44 and a two-hundred day moving average price of $942.76. GE Vernova has a twelve month low of $530.16 and a twelve month high of $1,195.94. The company has a current ratio of 0.83, a quick ratio of 0.62 and a debt-to-equity ratio of 0.22.

Read Our Latest Research Report on GEV

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.