Solar Stocks To Watch Now - November 6th

Key Points

• Five stocks highlighted: MarketBeat’s screener selected First Solar (FSLR), Nextpower (NXT), Solaris Energy Infrastructure (SEI), Enphase Energy (ENPH) and Sunrun (RUN) for their high recent dollar trading volume.
• Friday trading was mixed: FSLR rose to $201.89 and NXT to $102.50; SEI and RUN also gained, while ENPH fell to $28.21.
• The companies offer different kinds of exposure: First Solar makes solar modules, Nextpower supplies solar trackers, Enphase provides home-energy technology and Sunrun installs residential systems. Solaris is not a direct solar business—it makes equipment for oil and gas well sites.

First Solar, Nextpower, Solaris Energy Infrastructure, Enphase Energy, and Sunrun are the five Solar stocks to watch today, according to MarketBeat's stock screener tool. Solar stocks are shares of publicly traded companies involved in the solar-energy industry, such as panel manufacturers, project developers, and installation providers. Investors may buy them to gain exposure to the growth of solar power, though their prices can be affected by energy prices, interest rates, government policies, and company performance. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

FSLR traded up $6.13 on Friday, reaching $201.89. 2,504,216 shares of the stock were exchanged, compared to its average volume of 2,414,034. The company's 50-day moving average price is $187.17 and its 200 day moving average price is $215.16. The firm has a market capitalization of $21.70 billion, a PE ratio of 11.65, a PEG ratio of 0.53 and a beta of 1.73. First Solar has a fifty-two week low of $165.86 and a fifty-two week high of $320.95.

Read Our Latest Research Report on FSLR

Nextpower (NXT)

Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.

Shares of NXT stock traded up $2.92 during trading hours on Friday, hitting $102.50. The company's stock had a trading volume of 1,682,913 shares, compared to its average volume of 2,455,874. The stock has a market cap of $15.55 billion, a PE ratio of 25.75, a price-to-earnings-growth ratio of 2.23 and a beta of 1.93. Nextpower has a 12-month low of $75.40 and a 12-month high of $163.13. The company has a 50 day moving average of $83.42 and a 200 day moving average of $106.68.

Read Our Latest Research Report on NXT

Solaris Energy Infrastructure (SEI)

Solaris Energy Infrastructure, Inc. is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.

Shares of Solaris Energy Infrastructure stock traded up $7.17 during trading on Friday, hitting $57.72. 2,132,002 shares of the company's stock were exchanged, compared to its average volume of 2,815,829. The stock has a market capitalization of $4.42 billion, a price-to-earnings ratio of 59.69 and a beta of 1.40. The business has a 50-day simple moving average of $65.59 and a 200-day simple moving average of $63.35. Solaris Energy Infrastructure has a 52-week low of $38.50 and a 52-week high of $86.19. The company has a debt-to-equity ratio of 2.23, a quick ratio of 4.03 and a current ratio of 4.12.

Read Our Latest Research Report on SEI

Enphase Energy (ENPH)

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.

Shares of NASDAQ ENPH traded down $0.76 during midday trading on Friday, reaching $28.21. 3,971,921 shares of the stock were exchanged, compared to its average volume of 6,575,089. The firm has a market cap of $3.73 billion, a price-to-earnings ratio of 41.96 and a beta of 1.44. The firm has a 50-day simple moving average of $32.97 and a two-hundred day simple moving average of $40.84. The company has a quick ratio of 3.56, a current ratio of 4.09 and a debt-to-equity ratio of 0.46. Enphase Energy has a twelve month low of $23.83 and a twelve month high of $73.74.

Read Our Latest Research Report on ENPH

Sunrun (RUN)

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.

Shares of NASDAQ:RUN traded up $0.07 during midday trading on Friday, hitting $9.95. The company's stock had a trading volume of 9,787,518 shares, compared to its average volume of 9,499,146. Sunrun has a 12-month low of $6.78 and a 12-month high of $21.95. The company has a market cap of $2.40 billion, a P/E ratio of 4.99 and a beta of 2.35. The business's 50 day simple moving average is $8.11 and its 200 day simple moving average is $12.29. The company has a debt-to-equity ratio of 3.34, a quick ratio of 1.00 and a current ratio of 1.42.

Read Our Latest Research Report on RUN

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