Promising Green Energy Stocks To Keep An Eye On - August 3rd

Key Points

• Seven notable green energy stocks highlighted include Darling Ingredients, Mercer International, Nuvve, NWTN, and Richardson Electronics, all showcasing significant trading volumes recently.
• Darling Ingredients reported stock trading around $31.59 with a market cap of $5 billion and is considered in buy range after its latest earnings report.
• Nuvve Holding Corp. specializes in vehicle-to-grid technology, enabling electric vehicle batteries to store and resell energy, representing a growing segment in the renewable energy sector.

Darling Ingredients, Mercer International, Nuvve, NWTN, Richardson Electronics, NWTN, and Globalink Investment are the seven Green Energy stocks to watch today, according to MarketBeat's stock screener tool. Green energy stocks are equity shares in companies that develop, produce or distribute renewable and low-carbon energy technologies—such as solar and wind power, hydroelectric generation, geothermal plants and energy storage solutions. Investors in these stocks aim to support the transition away from fossil fuels and capitalize on policy incentives, technological advances and growing demand for sustainable energy, while accepting the potential volatility that comes with regulatory changes and market competition. These companies had the highest dollar trading volume of any Green Energy stocks within the last several days.

Darling Ingredients (DAR)

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.

Shares of NYSE DAR traded down $0.79 during mid-day trading on Friday, reaching $31.59. 2,295,975 shares of the company were exchanged, compared to its average volume of 2,148,195. Darling Ingredients has a 1 year low of $26.00 and a 1 year high of $43.49. The firm has a 50-day moving average of $35.29 and a 200 day moving average of $34.20. The stock has a market cap of $5.00 billion, a price-to-earnings ratio of 47.86 and a beta of 1.19. The company has a quick ratio of 0.83, a current ratio of 1.40 and a debt-to-equity ratio of 0.84.

Read Our Latest Research Report on DAR

Mercer International (MERC)

Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp worldwide. The company operates through two segments, Pulp and Solid Wood. It manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills.

Mercer International stock traded down $0.69 during mid-day trading on Friday, reaching $3.02. 3,572,948 shares of the company traded hands, compared to its average volume of 979,793. The company has a debt-to-equity ratio of 3.44, a current ratio of 3.25 and a quick ratio of 1.98. Mercer International has a fifty-two week low of $2.83 and a fifty-two week high of $8.28. The company has a market capitalization of $201.95 million, a price-to-earnings ratio of -1.85 and a beta of 1.08. The firm's fifty day moving average is $3.64 and its two-hundred day moving average is $5.04.

Read Our Latest Research Report on MERC

Nuvve (NVVE)

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.

Nuvve stock traded down $0.05 during mid-day trading on Friday, reaching $0.53. 1,237,523 shares of the company traded hands, compared to its average volume of 1,913,035. Nuvve has a fifty-two week low of $0.48 and a fifty-two week high of $8.76. The company has a market capitalization of $7.72 million, a price-to-earnings ratio of -0.03 and a beta of 2.05. The firm's fifty day moving average is $1.01 and its two-hundred day moving average is $1.51.

Read Our Latest Research Report on NVVE

NWTN (NWTN)

NWTN Inc. operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.

Shares of NWTN stock traded up $0.11 during trading hours on Friday, hitting $1.41. The company's stock had a trading volume of 257,421 shares, compared to its average volume of 392,770. NWTN has a 12-month low of $0.30 and a 12-month high of $3.48. The company has a 50 day moving average of $1.70 and a 200 day moving average of $1.00.

Read Our Latest Research Report on NWTN

Richardson Electronics (RELL)

Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology.

Shares of RELL stock traded down $0.42 during trading hours on Friday, hitting $9.66. 33,500 shares of the company's stock were exchanged, compared to its average volume of 31,915. The firm has a 50 day moving average of $9.59 and a two-hundred day moving average of $10.65. Richardson Electronics has a fifty-two week low of $7.57 and a fifty-two week high of $15.51. The firm has a market cap of $139.20 million, a P/E ratio of -120.73, a P/E/G ratio of 2.34 and a beta of 1.00.

Read Our Latest Research Report on RELL

NWTN (NWTNW)

NWTN Inc. operates as a smart passenger vehicle company, provides passenger-centric mobility and green energy solutions in the United States, the United Arab Emirates, and Mainland China. The company develops electric vehicles, including Supersport coupe; and smart passenger vehicles, such as MUSE and ADA.

Shares of NASDAQ:NWTNW traded down $0.01 during trading on Friday, reaching $0.04. The stock had a trading volume of 43,267 shares, compared to its average volume of 61,810. The business has a fifty day moving average price of $0.05 and a 200-day moving average price of $0.04. NWTN has a 1-year low of $0.01 and a 1-year high of $0.19.

Read Our Latest Research Report on NWTNW

Globalink Investment (GLLIR)

Globalink Investment Inc. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to identify and acquire businesses in the medical technology and green energy sectors in North America, Europe, Southeast Asia, and Asia excluding China, Hong Kong, and Macau.

Shares of NASDAQ:GLLIR remained flat at $0.19 during trading on Friday. The stock had a trading volume of 57 shares, compared to its average volume of 32,609. The stock has a fifty day moving average of $0.17 and a two-hundred day moving average of $0.10. Globalink Investment has a 12-month low of $0.01 and a 12-month high of $0.30.

Read Our Latest Research Report on GLLIR

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