Renewable Energy Stocks To Follow Today - November 6th

Key Points

• Quanta Services, WEC Energy Group, and Clearway Energy were identified as renewable-energy stocks to watch based on their high recent dollar trading volumes.
• Quanta Services supports electric-power and renewable infrastructure; its shares traded at $549.31, while WEC—whose businesses include regulated utilities and renewable energy—traded at $116.45.
• Clearway Energy operates wind, solar, and other generation assets with about 6,000 net MW of renewables; its shares traded at $34.12.

Quanta Services, WEC Energy Group, and Clearway Energy are the three Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of publicly traded companies that develop, produce, or support energy from sources such as solar, wind, and hydropower. For investors, they offer exposure to the renewable energy sector, but their performance can be affected by factors such as policy changes, technology costs, and 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 PWR traded up $40.25 during mid-day trading on Friday, hitting $549.31. The company's stock had a trading volume of 1,523,075 shares, compared to its average volume of 1,175,616. The company has a current ratio of 1.16, a quick ratio of 1.13 and a debt-to-equity ratio of 0.60. The company's 50-day moving average is $630.46 and its 200-day moving average is $626.00. Quanta Services has a 52-week low of $408.36 and a 52-week high of $788.75. The firm has a market capitalization of $82.77 billion, a price-to-earnings ratio of 49.71, a PEG ratio of 1.48 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.

Shares of WEC traded down $1.86 during trading hours on Friday, hitting $116.45. The company had a trading volume of 1,524,689 shares, compared to its average volume of 2,306,790. The company has a current ratio of 0.53, a quick ratio of 0.36 and a debt-to-equity ratio of 1.34. The company has a market capitalization of $38.31 billion, a PE ratio of 21.13, a price-to-earnings-growth ratio of 2.43 and a beta of 0.43. WEC Energy Group has a one year low of $99.80 and a one year high of $120.15. The company's fifty day moving average price is $106.67 and its two-hundred day moving average price is $111.63.

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 $0.16 during trading on Friday, reaching $34.12. 806,792 shares of the company traded hands, compared to its average volume of 1,173,558. Clearway Energy has a 12 month low of $28.57 and a 12 month high of $41.74. The business has a 50 day simple moving average of $31.09 and a 200 day simple moving average of $35.55. The company has a market capitalization of $7.00 billion, a price-to-earnings ratio of 44.88 and a beta of 0.81. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.02 and a current ratio of 1.11.

Read Our Latest Research Report on CWEN

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