Tesla, Berkshire Hathaway, and Eaton are the three Utility stocks to watch today, according to MarketBeat's stock screener tool. Utility stocks are shares of companies that deliver essential public services—such as electricity, natural gas, water and telecommunications—and operate in heavily regulated markets. Because demand for these services is relatively stable and pricing is subject to government oversight, utility stocks tend to generate steady cash flows, offer reliable dividends and exhibit lower volatility than the broader equity market. These companies had the highest dollar trading volume of any Utility stocks within the last several days.
Tesla (TSLA)
Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.
Shares of NASDAQ TSLA traded down $5.02 during midday trading on Friday, hitting $330.56. 74,099,060 shares of the company's stock were exchanged, compared to its average volume of 90,268,784. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.04 and a quick ratio of 1.55. The stock's 50 day moving average price is $320.41 and its 200-day moving average price is $305.81. The firm has a market cap of $1.07 trillion, a P/E ratio of 191.08, a PEG ratio of 11.67 and a beta of 2.33. Tesla has a twelve month low of $202.59 and a twelve month high of $488.54.
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Berkshire Hathaway (BRK.B)
Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.
NYSE:BRK.B traded down $1.68 during midday trading on Friday, hitting $477.54. 5,226,998 shares of the stock were exchanged, compared to its average volume of 4,840,156. Berkshire Hathaway has a one year low of $437.90 and a one year high of $542.07. The company has a market capitalization of $1.03 trillion, a price-to-earnings ratio of 16.37, a P/E/G ratio of 3.33 and a beta of 0.81. The business has a 50-day moving average price of $479.34 and a two-hundred day moving average price of $496.84.
Read Our Latest Research Report on BRK.B
Eaton (ETN)
Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.
Shares of NYSE ETN traded down $4.23 during trading on Friday, hitting $350.87. The company had a trading volume of 1,899,668 shares, compared to its average volume of 2,748,565. The company has a market cap of $136.59 billion, a P/E ratio of 35.30, a PEG ratio of 2.62 and a beta of 1.18. Eaton has a 52 week low of $231.85 and a 52 week high of $399.56. The business's 50-day moving average is $358.11 and its 200 day moving average is $318.75. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.76 and a current ratio of 1.24.
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