Renewable Energy Stocks Worth Watching - July 30th

Key Points

• Three renewable energy stocks to watch are Quanta Services, Southern Company, and EMCOR Group, noted for their significant trading volumes recently.
• Quanta Services offers infrastructure solutions in the electric and gas utility sectors and has a market cap of $61.04 billion with a current stock price of $411.67.
• EMCOR Group, boasting a market cap of $28.69 billion, recently traded at $640.95 and provides extensive construction and facility services in energy-related sectors.

Quanta Services, Southern, and EMCOR Group are the three 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 generated from sustainable sources such as solar, wind, hydro, geothermal or biomass. By investing in these equities, shareholders gain exposure to the growth and innovation in clean-energy technologies. Returns on these stocks often reflect shifts in government policies, technological breakthroughs and broader environmental trends. 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 $0.68 during trading on Wednesday, hitting $411.67. The company had a trading volume of 1,026,023 shares, compared to its average volume of 1,430,181. The stock has a market cap of $61.04 billion, a price-to-earnings ratio of 66.40, a price-to-earnings-growth ratio of 2.83 and a beta of 1.08. Quanta Services has a one year low of $227.08 and a one year high of $424.94. The company has a fifty day simple moving average of $371.30 and a two-hundred day simple moving average of $317.20. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.31 and a quick ratio of 1.26.

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.

Shares of NYSE:SO traded up $0.22 on Wednesday, reaching $95.42. The company had a trading volume of 3,162,364 shares, compared to its average volume of 5,107,286. Southern has a 52-week low of $80.46 and a 52-week high of $96.44. The firm's 50 day simple moving average is $91.06 and its 200-day simple moving average is $89.19. The firm has a market capitalization of $104.87 billion, a PE ratio of 22.79, a PEG ratio of 3.26 and a beta of 0.38. The company has a current ratio of 0.86, a quick ratio of 0.65 and a debt-to-equity ratio of 1.69.

Read Our Latest Research Report on SO

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 EMCOR Group stock traded up $4.72 during trading on Wednesday, reaching $640.95. The company's stock had a trading volume of 296,550 shares, compared to its average volume of 495,303. The company has a quick ratio of 1.14, a current ratio of 1.16 and a debt-to-equity ratio of 0.08. The company has a market cap of $28.69 billion, a price-to-earnings ratio of 28.28 and a beta of 1.24. EMCOR Group has a 1-year low of $319.49 and a 1-year high of $642.56. The company has a 50-day simple moving average of $517.64 and a two-hundred day simple moving average of $453.97.

Read Our Latest Research Report on EME