Tesla, Berkshire Hathaway, and Ford Motor are the three Utility stocks to watch today, according to MarketBeat's stock screener tool. Utility stocks are shares of companies that provide essential public services—such as electricity, natural gas, water and wastewater treatment, and telecommunications. Because demand for these services remains relatively constant regardless of economic conditions, utility companies typically generate stable cash flows and pay reliable dividends. As a result, utility stocks are often viewed as defensive investments that can help reduce overall portfolio volatility. 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 TSLA stock traded down $2.15 during mid-day trading on Friday, reaching $323.63. The stock had a trading volume of 88,778,334 shares, compared to its average volume of 101,976,695. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. Tesla has a 52-week low of $182.00 and a 52-week high of $488.54. The firm has a market capitalization of $1.04 trillion, a PE ratio of 177.82, a price-to-earnings-growth ratio of 12.10 and a beta of 2.47. The stock's 50-day moving average price is $314.93 and its two-hundred day moving average price is $329.82.
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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.
Berkshire Hathaway stock traded up $0.27 during mid-day trading on Friday, reaching $485.32. 6,107,659 shares of the company traded hands, compared to its average volume of 4,386,470. The firm's 50 day moving average price is $505.22 and its 200 day moving average price is $492.48. The firm has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 12.94, a P/E/G ratio of 3.38 and a beta of 0.85. Berkshire Hathaway has a 52-week low of $403.82 and a 52-week high of $542.07.
Read Our Latest Research Report on BRK.B
Ford Motor (F)
Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.
Shares of NYSE F traded up $0.18 during midday trading on Friday, hitting $10.81. 181,959,522 shares of the company traded hands, compared to its average volume of 81,941,495. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The stock has a 50-day moving average price of $10.36 and a 200 day moving average price of $9.96. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.97 and a current ratio of 1.13. The firm has a market cap of $42.99 billion, a P/E ratio of 8.65, a P/E/G ratio of 0.92 and a beta of 1.50.
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