Renewable Energy Stocks To Consider - August 15th

Key Points

• Quanta Services, Southern Company, and Bank of New York Mellon are among the seven key renewable energy stocks to watch, reflecting the growing interest in the clean-energy sector.
• Quanta Services had a trading volume of 631,661 shares, closing at $383.44, with a market cap of $57.14 billion and a P/E ratio of 59.36.
• The Southern Company's stock reached $94.27 during trading, with a market cap of $103.70 billion and a P/E ratio of 24.22.

Quanta Services, Southern, Bank of New York Mellon, Petroleo Brasileiro S.A.- Petrobras, Rockwell Automation, WEC Energy Group, and MasTec are the seven Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of companies that produce or support power generation from sustainable sources such as solar, wind, hydro, geothermal and bioenergy. Investing in these equities provides exposure to the growth of the clean-energy sector—ranging from renewable-power utilities to equipment manufacturers and technology providers. As the global economy shifts toward decarbonization, renewable energy stocks offer the potential for both financial returns and environmental impact. 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 NYSE PWR traded up $5.93 during midday trading on Friday, hitting $383.44. The stock had a trading volume of 631,661 shares, compared to its average volume of 1,418,975. The firm has a market cap of $57.14 billion, a P/E ratio of 59.36, a price-to-earnings-growth ratio of 2.26 and a beta of 1.10. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.37 and a quick ratio of 1.32. Quanta Services has a fifty-two week low of $227.08 and a fifty-two week high of $424.94. The company's 50-day simple moving average is $382.48 and its 200 day simple moving average is $321.88.

Read Our Latest Research Report on PWR

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 up $0.08 during midday trading on Friday, hitting $94.27. 2,499,695 shares of the company's stock were exchanged, compared to its average volume of 5,185,472. The stock's fifty day moving average price is $92.38 and its 200-day moving average price is $90.09. The company has a market cap of $103.70 billion, a PE ratio of 24.22, a price-to-earnings-growth ratio of 3.28 and a beta of 0.38. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.54 and a current ratio of 0.74. Southern has a one year low of $80.46 and a one year high of $96.44.

Read Our Latest Research Report on SO

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 Bank of New York Mellon stock traded down $1.94 during trading on Friday, reaching $101.41. The company's stock had a trading volume of 1,504,366 shares, compared to its average volume of 4,226,685. Bank of New York Mellon has a 52 week low of $65.01 and a 52 week high of $104.47. The firm has a market cap of $71.52 billion, a PE ratio of 15.48, a P/E/G ratio of 0.98 and a beta of 1.12. The business's 50-day moving average price is $95.55 and its 200-day moving average price is $87.98. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.86.

Read Our Latest Research Report on BK

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.

Petroleo Brasileiro S.A.- Petrobras stock traded down $0.05 during mid-day trading on Friday, reaching $12.04. 10,500,769 shares of the company were exchanged, compared to its average volume of 21,238,000. The company has a fifty day simple moving average of $12.55 and a 200-day simple moving average of $12.71. The firm has a market cap of $77.56 billion, a PE ratio of 5.62 and a beta of 0.85. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.72 and a quick ratio of 0.47. Petroleo 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

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.

ROK stock traded down $2.42 during midday trading on Friday, reaching $345.09. The company had a trading volume of 305,413 shares, compared to its average volume of 944,629. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.06 and a quick ratio of 0.72. The company has a market capitalization of $38.80 billion, a price-to-earnings ratio of 40.50, a price-to-earnings-growth ratio of 3.59 and a beta of 1.39. The stock has a 50 day moving average price of $338.78 and a 200-day moving average price of $295.70. Rockwell Automation has a 1-year low of $215.00 and a 1-year high of $360.92.

Read Our Latest Research Report on ROK

WEC Energy Group (WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.

Shares of WEC stock traded down $0.90 on Friday, reaching $107.24. The company had a trading volume of 981,873 shares, compared to its average volume of 2,217,649. The business's 50-day moving average is $106.57 and its 200 day moving average is $106.00. The stock has a market capitalization of $34.52 billion, a PE ratio of 20.53, a price-to-earnings-growth ratio of 3.02 and a beta of 0.42. WEC Energy Group has a one year low of $89.18 and a one year high of $111.90. The company has a quick ratio of 0.40, a current ratio of 0.55 and a debt-to-equity ratio of 1.28.

Read Our Latest Research Report on WEC

MasTec (MTZ)

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, utility, and other infrastructure primarily in the United States and Canada. It operates through five segments: Communications, Clean Energy and Infrastructure, Oil and Gas, Power Delivery, and Other.

Shares of NYSE MTZ traded up $0.75 during mid-day trading on Friday, hitting $178.75. 551,357 shares of the stock traded hands, compared to its average volume of 1,043,798. The firm has a 50 day simple moving average of $173.36 and a two-hundred day simple moving average of $146.74. MasTec has a twelve month low of $96.01 and a twelve month high of $194.00. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.22 and a quick ratio of 1.19. The company has a market cap of $14.10 billion, a PE ratio of 52.93 and a beta of 1.83.

Read Our Latest Research Report on MTZ

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.