Renewable Energy Stocks To Research - August 14th

Key Points

• MarketBeat has identified seven key Renewable Energy stocks to watch, including Southern, Rockwell Automation, and Quanta Services, which are indicative of the ongoing transition to cleaner energy sources.
• Southern Company has a market capitalization of $103.60 billion and a 1-year price range between $80.46 and $96.44, highlighting its stability in the renewable sector.
• Rockwell Automation has a notable market cap of $38.91 billion and a high price-to-earnings ratio of 40.56, demonstrating strong market performance among industrial automation solutions providers.

Southern, Rockwell Automation, Quanta Services, Bank of New York Mellon, Petroleo Brasileiro S.A.- Petrobras, WEC Energy Group, and CMS Energy are the seven Renewable Energy stocks to watch today, according to MarketBeat's stock screener tool. Renewable energy stocks are shares of companies involved in the development, production or distribution of power sourced from naturally replenishing resources such as solar, wind, hydro, geothermal and biofuels. By investing in these equities, shareholders gain exposure to firms driving the global transition away from fossil fuels and toward cleaner, low-carbon technologies. Performance of renewable energy stocks is often influenced by government policies, technological advancements and shifting market perceptions around environmental, social and governance (ESG) criteria. 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.

NYSE SO traded down $0.62 during mid-day trading on Thursday, reaching $94.17. 2,282,671 shares of the stock were exchanged, compared to its average volume of 5,183,801. Southern has a 1-year low of $80.46 and a 1-year high of $96.44. The business's fifty day simple moving average is $92.26 and its 200 day simple moving average is $90.04. The stock has a market capitalization of $103.60 billion, a PE ratio of 24.19, a PEG ratio of 3.25 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.

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.

NYSE ROK traded down $2.96 during mid-day trading on Thursday, reaching $346.05. 597,395 shares of the stock were exchanged, compared to its average volume of 945,917. The company has a debt-to-equity ratio of 0.72, a quick ratio of 0.72 and a current ratio of 1.06. The stock has a market capitalization of $38.91 billion, a PE ratio of 40.56, a PEG ratio of 3.49 and a beta of 1.39. Rockwell Automation has a 1-year low of $215.00 and a 1-year high of $360.92. The business's fifty day simple moving average is $338.23 and its 200 day simple moving average is $295.26.

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.

NYSE:PWR traded down $2.46 during trading hours on Thursday, reaching $377.50. 517,894 shares of the company were exchanged, compared to its average volume of 1,422,054. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.37 and a quick ratio of 1.32. The firm has a market cap of $56.25 billion, a price-to-earnings ratio of 58.44, a PEG ratio of 2.33 and a beta of 1.10. Quanta Services has a 52-week low of $227.08 and a 52-week high of $424.94. The stock has a 50 day simple moving average of $382.12 and a 200 day simple moving average of $321.29.

Read Our Latest Research Report on PWR

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.

NYSE:BK traded up $1.47 during trading hours on Thursday, reaching $103.38. 1,307,970 shares of the company were exchanged, compared to its average volume of 4,233,274. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.72 and a quick ratio of 0.72. The firm has a market cap of $72.91 billion, a price-to-earnings ratio of 15.78, a PEG ratio of 1.00 and a beta of 1.12. Bank of New York Mellon has a 52-week low of $64.50 and a 52-week high of $104.47. The stock has a 50 day simple moving average of $95.25 and a 200 day simple moving average of $87.86.

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.

Shares of PBR stock traded down $0.13 during mid-day trading on Thursday, reaching $12.09. The company's stock had a trading volume of 11,012,767 shares, compared to its average volume of 21,280,729. The company's 50 day simple moving average is $12.53 and its 200-day simple moving average is $12.73. Petroleo Brasileiro S.A.- Petrobras has a 12-month low of $11.03 and a 12-month high of $15.73. The company has a quick ratio of 0.47, a current ratio of 0.72 and a debt-to-equity ratio of 0.76. The firm has a market capitalization of $77.88 billion, a PE ratio of 5.66 and a beta of 0.85.

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.

Shares of WEC stock traded down $0.94 during mid-day trading on Thursday, reaching $108.11. The company's stock had a trading volume of 702,485 shares, compared to its average volume of 2,212,044. The company's 50 day simple moving average is $106.50 and its 200-day simple moving average is $105.95. WEC Energy Group has a 12-month low of $88.53 and a 12-month 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. The firm has a market capitalization of $34.80 billion, a PE ratio of 20.71, a price-to-earnings-growth ratio of 3.01 and a beta of 0.42.

Read Our Latest Research Report on WEC

CMS Energy (CMS)

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

CMS traded down $0.75 during trading hours on Thursday, reaching $72.71. 1,032,991 shares of the stock traded hands, compared to its average volume of 2,478,357. The firm's fifty day simple moving average is $71.09 and its two-hundred day simple moving average is $71.30. The company has a market cap of $21.76 billion, a price-to-earnings ratio of 21.51, a PEG ratio of 2.71 and a beta of 0.36. CMS Energy has a fifty-two week low of $63.97 and a fifty-two week high of $76.45. The company has a debt-to-equity ratio of 1.93, a current ratio of 1.00 and a quick ratio of 0.77.

Read Our Latest Research Report on CMS

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.