Top Water Stocks To Add to Your Watchlist - August 8th

Key Points

• NuScale Power has garnered attention for its development of modular nuclear power plants, with recent trading activity showing significant volume and price fluctuations.
• CRH plc reported a strong performance with a market capitalization of $73.85 billion, reflecting its diverse operations in providing building materials both in Ireland and internationally.
• Monster Beverage continues to grow, with shares trading at $64.70 and exhibiting solid financial ratios, positioning it as a major player in the energy drink industry.

NuScale Power, CRH, and Monster Beverage are the three Water stocks to watch today, according to MarketBeat's stock screener tool. Water stocks are shares of publicly traded companies that source, treat, distribute or manage water resources and infrastructure. They include utilities, treatment‐technology firms, pipeline and equipment manufacturers, and firms offering water‐efficiency solutions. Investors turn to water stocks for exposure to a critical, finite resource and to capitalize on growing global demand for clean, reliable water supplies. These companies had the highest dollar trading volume of any Water stocks within the last several days.

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

NYSE SMR traded down $4.77 during trading hours on Friday, hitting $39.91. 16,719,710 shares of the company traded hands, compared to its average volume of 11,574,179. The business's 50-day moving average is $40.67 and its 200-day moving average is $26.89. The stock has a market capitalization of $11.35 billion, a price-to-earnings ratio of -29.22 and a beta of 2.06. NuScale Power has a twelve month low of $6.88 and a twelve month high of $53.50.

Read Our Latest Research Report on SMR

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

Shares of NYSE:CRH traded up $2.38 during midday trading on Friday, hitting $109.30. The stock had a trading volume of 5,037,909 shares, compared to its average volume of 5,627,862. The business's 50-day simple moving average is $93.80 and its 200-day simple moving average is $94.92. CRH has a 12 month low of $76.75 and a 12 month high of $110.97. The company has a market cap of $73.85 billion, a P/E ratio of 22.89, a PEG ratio of 1.26 and a beta of 1.26.

Read Our Latest Research Report on CRH

Monster Beverage (MNST)

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally. The company operates through three segments: Monster Energy Drinks, Strategic Brands, Alcohol Brands, and Other.

Shares of Monster Beverage stock traded up $3.90 during trading on Friday, reaching $64.70. The company's stock had a trading volume of 7,970,056 shares, compared to its average volume of 6,175,786. The company has a quick ratio of 2.78, a current ratio of 3.37 and a debt-to-equity ratio of 0.03. The business's 50-day moving average price is $61.53 and its 200-day moving average price is $57.88. Monster Beverage has a 52 week low of $45.19 and a 52 week high of $66.75. The firm has a market cap of $63.09 billion, a PE ratio of 42.61, a P/E/G ratio of 2.17 and a beta of 0.55.

Read Our Latest Research Report on MNST

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.