Promising Renewable Energy Stocks To Follow Now - August 5th

Key Points

• Five notable renewable energy stocks to monitor are Southern, Rockwell Automation, Quanta Services, Primoris Services, and Petroleo Brasileiro S.A.- Petrobras, which have recently demonstrated significant trading volume.
• Southern Company has a market capitalization of $103.83 billion and a 52-week price range of $80.46 to $96.44.
• Rockwell Automation stock features a high P/E ratio of 43.55 and has a current market cap of $38.95 billion.

Southern, Rockwell Automation, Quanta Services, Primoris Services, and Petroleo Brasileiro S.A.- Petrobras are the five Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of publicly traded companies that generate, develop or supply energy from renewable sources such as solar, wind, hydroelectric or biomass. By investing in these stocks, shareholders gain exposure to the clean-energy sector, which is driven by technological innovation, government incentives and rising environmental awareness. Their performance often depends on policy shifts, commodity prices and advances in sustainable technologies. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

Southern (SO)

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.

SO stock traded down $1.61 during trading on Tuesday, hitting $94.39. 2,723,751 shares of the company's stock traded hands, compared to its average volume of 5,190,684. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.54 and a current ratio of 0.74. The stock has a market capitalization of $103.83 billion, a price-to-earnings ratio of 24.27, a P/E/G ratio of 3.28 and a beta of 0.38. The business has a fifty day simple moving average of $91.50 and a 200 day simple moving average of $89.58. Southern has a 52 week low of $80.46 and a 52 week high of $96.44.

Read Our Latest Research Report on SO

Rockwell Automation (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

Shares of Rockwell Automation stock traded down $4.58 during midday trading on Tuesday, hitting $345.59. The company had a trading volume of 694,975 shares, compared to its average volume of 922,022. The company has a fifty day simple moving average of $335.21 and a 200 day simple moving average of $293.01. The stock has a market cap of $38.95 billion, a price-to-earnings ratio of 43.55, a PEG ratio of 3.52 and a beta of 1.39. Rockwell Automation has a 12-month low of $215.00 and a 12-month high of $360.92. The company has a quick ratio of 0.72, a current ratio of 1.05 and a debt-to-equity ratio of 0.71.

Read Our Latest Research Report on ROK

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 NYSE:PWR traded down $5.97 during midday trading on Tuesday, hitting $387.65. The company's stock had a trading volume of 600,572 shares, compared to its average volume of 1,441,824. The company has a market cap of $57.47 billion, a P/E ratio of 60.01, a price-to-earnings-growth ratio of 2.71 and a beta of 1.10. Quanta Services has a 12-month low of $227.08 and a 12-month high of $424.94. The business's 50 day simple moving average is $376.54 and its 200 day simple moving average is $319.21. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.32 and a current ratio of 1.37.

Read Our Latest Research Report on PWR

Primoris Services (PRIM)

Primoris Services Corporation, a specialty contractor company, provides a range of specialty construction, fabrication, maintenance, replacement, and engineering services in the United States and Canada. The company operates through Utilities and Energy/Renewables segments. The Utilities segment offers installation and maintenance services for new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems.

NASDAQ PRIM traded up $12.76 during trading on Tuesday, reaching $105.85. 1,606,826 shares of the company's stock were exchanged, compared to its average volume of 923,650. The stock has a market cap of $5.72 billion, a P/E ratio of 35.01 and a beta of 1.44. The company has a 50 day moving average price of $81.27 and a two-hundred day moving average price of $72.20. The company has a debt-to-equity ratio of 0.61, a quick ratio of 1.38 and a current ratio of 1.38. Primoris Services has a 1 year low of $47.47 and a 1 year high of $112.98.

Read Our Latest Research Report on PRIM

Petroleo Brasileiro S.A.- Petrobras (PBR)

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

Shares of NYSE PBR traded up $0.11 during midday trading on Tuesday, hitting $12.87. The company had a trading volume of 12,281,408 shares, compared to its average volume of 20,781,232. The firm has a market capitalization of $82.91 billion, a price-to-earnings ratio of 9.60 and a beta of 0.85. The company has a quick ratio of 0.47, a current ratio of 0.72 and a debt-to-equity ratio of 0.76. Petroleo Brasileiro S.A.- Petrobras has a twelve month low of $11.03 and a twelve month high of $15.73. The business has a 50-day simple moving average of $12.41 and a two-hundred day simple moving average of $12.77.

Read Our Latest Research Report on PBR

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