Rockwell Automation, Bank of New York Mellon, Petróleo Brasileiro S.A. - Petrobras, WEC Energy Group, and Southern are the five Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of companies involved in the production, development, or distribution of energy from sustainable sources such as solar, wind, hydroelectric, geothermal, and biomass. Investors buy these stocks to gain exposure to businesses that aim to reduce carbon emissions and promote cleaner energy solutions. Because the sector’s growth often depends on government policies, technological advances, and commodity prices, renewable energy stocks can exhibit higher volatility compared to traditional energy firms. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.
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 NYSE ROK traded up $1.53 during midday trading on Thursday, hitting $313.92. The company's stock had a trading volume of 526,097 shares, compared to its average volume of 875,897. The firm has a market cap of $35.38 billion, a P/E ratio of 39.06, a P/E/G ratio of 3.53 and a beta of 1.32. Rockwell Automation has a 1-year low of $215.00 and a 1-year high of $316.28. The firm's fifty day moving average price is $263.09 and its 200-day moving average price is $276.95. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.08.
Read Our Latest Research Report on ROK
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.
BK stock traded up $0.31 during midday trading on Thursday, reaching $89.11. The company had a trading volume of 1,830,608 shares, compared to its average volume of 4,058,515. The firm has a market capitalization of $63.76 billion, a PE ratio of 15.34, a P/E/G ratio of 0.97 and a beta of 1.05. The stock has a 50 day moving average price of $82.21 and a 200 day moving average price of $82.06. Bank of New York Mellon has a fifty-two week low of $57.18 and a fifty-two week high of $90.63. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 0.83.
Read Our Latest Research Report on BK
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.
NYSE:PBR traded up $0.02 during midday trading on Thursday, reaching $11.75. 12,902,297 shares of the company traded hands, compared to its average volume of 17,399,141. The firm has a market capitalization of $75.69 billion, a price-to-earnings ratio of 4.58, a price-to-earnings-growth ratio of 0.18 and a beta of 0.87. The company has a fifty day moving average price of $12.17 and a 200 day moving average price of $13.21. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.94 and a quick ratio of 0.71. Petróleo Brasileiro S.A. - Petrobras has a twelve month low of $11.03 and a twelve month high of $15.73.
Read Our Latest Research Report on PBR
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.
WEC stock traded up $0.74 during mid-day trading on Thursday, reaching $106.04. The company had a trading volume of 1,423,346 shares, compared to its average volume of 2,142,124. WEC Energy Group has a one year low of $77.47 and a one year high of $111.00. The stock has a market capitalization of $33.84 billion, a P/E ratio of 21.95, a P/E/G ratio of 2.60 and a beta of 0.46. The company has a quick ratio of 0.43, a current ratio of 0.60 and a debt-to-equity ratio of 1.37. The stock's 50-day simple moving average is $106.91 and its two-hundred day simple moving average is $102.26.
Read Our Latest Research Report on WEC
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.
Southern stock traded up $0.53 during midday trading on Thursday, reaching $88.75. 1,639,615 shares of the stock traded hands, compared to its average volume of 4,492,762. The firm has a fifty day moving average price of $89.85 and a two-hundred day moving average price of $87.23. Southern has a fifty-two week low of $76.64 and a fifty-two week high of $94.45. The firm has a market cap of $97.54 billion, a price-to-earnings ratio of 22.12, a PEG ratio of 3.01 and a beta of 0.40. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 1.60.
Read Our Latest Research Report on SO
See Also
Before you consider Rockwell Automation, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rockwell Automation wasn't on the list.
While Rockwell Automation currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
