Promising Renewable Energy Stocks To Keep An Eye On - July 27th

Key Points

• Quanta Services, EMCOR Group, and Bank of New York Mellon are identified as key Renewable Energy stocks to monitor, reflecting significant trading volume and investor interest.
• Quanta Services, which provides infrastructure solutions, saw its stock rise to $422.06 with a market cap of $62.58 billion and a PE ratio of 68.07.
• EMCOR Group's stock increased to $634.67 with a market cap of $28.41 billion, while the Bank of New York Mellon traded at $100.96 with a market cap of $72.23 billion.

Quanta Services, EMCOR Group, and Bank of New York Mellon 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 involved in the production, development or distribution of energy from renewable sources such as solar, wind, hydroelectric and geothermal power. By owning these stocks, investors gain exposure to businesses that aim to replace or supplement fossil-fuel generation with cleaner, sustainable technologies. Their performance is influenced by factors like government incentives, technological advances and shifts in global energy demand. 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 stock traded up $14.84 during trading hours on Friday, reaching $422.06. 1,370,755 shares of the company's stock were exchanged, compared to its average volume of 1,100,229. Quanta Services has a 1 year low of $227.08 and a 1 year high of $424.94. The stock has a market cap of $62.58 billion, a PE ratio of 68.07, a PEG ratio of 2.90 and a beta of 1.08. The company has a current ratio of 1.31, a quick ratio of 1.26 and a debt-to-equity ratio of 0.58. The stock's fifty day moving average price is $368.62 and its two-hundred day moving average price is $315.83.

Read Our Latest Research Report on PWR

EMCOR Group (EME)

EMCOR Group, Inc. provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.

Shares of EME stock traded up $55.87 during trading hours on Friday, reaching $634.67. 658,109 shares of the company's stock were exchanged, compared to its average volume of 348,370. EMCOR Group has a 1 year low of $319.49 and a 1 year high of $636.38. The stock has a market cap of $28.41 billion, a PE ratio of 28.05 and a beta of 1.24. The company has a current ratio of 1.16, a quick ratio of 1.14 and a debt-to-equity ratio of 0.08. The stock's fifty day moving average price is $511.12 and its two-hundred day moving average price is $451.70.

Read Our Latest Research Report on EME

Bank of New York Mellon (BK)

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.

Shares of BK stock traded up $0.99 during trading hours on Friday, reaching $100.96. 4,123,316 shares of the company's stock were exchanged, compared to its average volume of 4,583,163. Bank of New York Mellon has a 1 year low of $60.93 and a 1 year high of $101.16. The stock has a market cap of $72.23 billion, a PE ratio of 15.41, a PEG ratio of 0.98 and a beta of 1.07. The company has a current ratio of 0.72, a quick ratio of 0.69 and a debt-to-equity ratio of 0.86. The stock's fifty day moving average price is $91.96 and its two-hundred day moving average price is $86.05.

Read Our Latest Research Report on BK

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