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Renewable Energy Stocks To Add to Your Watchlist - June 16th

Petróleo Brasileiro S.A. - Petrobras logo with Energy background

Petróleo Brasileiro S.A. - Petrobras, Southern, Quanta Services, Equinor ASA, and Bank of New York Mellon 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 whose primary business involves generating, distributing or supporting energy from renewable sources such as solar, wind, hydroelectric, geothermal and biomass. Investing in these stocks offers exposure to firms developing clean-power technologies or operating utility-scale renewable projects. Demand for renewable energy stocks is often driven by policy incentives, technological advances and growing global efforts to reduce carbon emissions. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

Petróleo 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.

PBR stock traded up $0.06 on Monday, reaching $12.76. The company's stock had a trading volume of 25,306,744 shares, compared to its average volume of 17,783,513. The firm has a market cap of $82.24 billion, a PE ratio of 4.99, a PEG ratio of 0.18 and a beta of 0.84. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.71 and a current ratio of 0.94. The business has a fifty day simple moving average of $11.67 and a two-hundred day simple moving average of $12.98. Petróleo Brasileiro S.A. - Petrobras has a 12-month low of $11.03 and a 12-month high of $15.73.

Read Our Latest Research Report on PBR

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.

Shares of SO traded down $1.20 on Monday, reaching $89.15. The stock had a trading volume of 2,424,353 shares, compared to its average volume of 4,556,887. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.66 and a current ratio of 0.67. The firm has a market capitalization of $97.98 billion, a price-to-earnings ratio of 22.23, a price-to-earnings-growth ratio of 3.01 and a beta of 0.38. The company has a 50-day simple moving average of $89.71 and a 200-day simple moving average of $87.30. Southern has a 12-month low of $76.96 and a 12-month high of $94.45.

Read Our Latest Research Report on SO

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 $6.00 during trading hours on Monday, hitting $364.26. The company had a trading volume of 391,273 shares, compared to its average volume of 1,495,998. Quanta Services has a 52-week low of $227.08 and a 52-week high of $367.00. The firm has a fifty day moving average price of $316.61 and a 200-day moving average price of $304.39. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.30. The stock has a market capitalization of $54.01 billion, a price-to-earnings ratio of 60.41, a P/E/G ratio of 1.41 and a beta of 1.07.

Read Our Latest Research Report on PWR

Equinor ASA (EQNR)

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments.

Shares of NYSE EQNR traded down $0.07 during midday trading on Monday, hitting $27.68. 4,647,990 shares of the company's stock traded hands, compared to its average volume of 3,646,150. Equinor ASA has a 1 year low of $21.41 and a 1 year high of $29.03. The stock has a market capitalization of $77.31 billion, a price-to-earnings ratio of 8.90, a price-to-earnings-growth ratio of 0.58 and a beta of 0.57. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.36 and a current ratio of 1.48. The firm has a fifty day moving average of $23.62 and a 200 day moving average of $23.87.

Read Our Latest Research Report on EQNR

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.

Bank of New York Mellon stock traded up $1.85 during midday trading on Monday, hitting $90.45. The stock had a trading volume of 1,281,514 shares, compared to its average volume of 4,063,459. Bank of New York Mellon has a 52-week low of $57.18 and a 52-week high of $90.63. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 0.83. The company has a market capitalization of $64.71 billion, a PE ratio of 15.57, a P/E/G ratio of 0.97 and a beta of 1.08. The firm's fifty day moving average is $84.13 and its two-hundred day moving average is $82.94.

Read Our Latest Research Report on BK

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