Tesla, Berkshire Hathaway, Ford Motor, Rivian Automotive, and Southern are the five Utility stocks to watch today, according to MarketBeat's stock screener tool. Utility stocks are shares in companies that provide essential, regulated services—such as electricity, water, natural gas or telecommunications—which tend to enjoy steady demand regardless of economic conditions. Their predictable cash flows and typically high dividend yields make them a popular defensive choice for income-oriented investors. 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.
NASDAQ:TSLA traded up $13.63 during trading hours on Wednesday, reaching $347.70. The company's stock had a trading volume of 99,423,595 shares, compared to its average volume of 96,621,760. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. The firm has a 50-day simple moving average of $260.85 and a 200-day simple moving average of $328.28. The firm has a market capitalization of $1.12 trillion, a price-to-earnings ratio of 170.44, a PEG ratio of 5.86 and a beta of 2.43. Tesla has a 1 year low of $167.41 and a 1 year 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.
Shares of BRK.B stock traded down $7.13 during midday trading on Wednesday, reaching $504.75. 3,458,101 shares of the stock were exchanged, compared to its average volume of 4,266,377. Berkshire Hathaway has a 1 year low of $401.58 and a 1 year high of $542.07. The company's 50 day moving average is $519.13 and its two-hundred day moving average is $485.72. The firm has a market cap of $1.09 trillion, a PE ratio of 10.20, a price-to-earnings-growth ratio of 3.45 and a beta of 0.88.
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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.
NYSE:F traded up $0.05 during mid-day trading on Wednesday, reaching $10.65. The company's stock had a trading volume of 52,769,669 shares, compared to its average volume of 75,187,377. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The stock has a market cap of $42.21 billion, a P/E ratio of 7.29, a PEG ratio of 0.61 and a beta of 1.53. The firm's fifty day moving average price is $9.85 and its two-hundred day moving average price is $10.05.
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Rivian Automotive (RIVN)
Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.
Shares of RIVN stock traded up $0.04 during trading hours on Wednesday, reaching $14.91. 33,668,889 shares of the company traded hands, compared to its average volume of 36,135,059. The company has a market cap of $16.86 billion, a P/E ratio of -3.16 and a beta of 1.86. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.09 and a quick ratio of 3.70. The firm has a 50-day moving average price of $12.13 and a 200 day moving average price of $12.41. Rivian Automotive has a 12-month low of $9.50 and a 12-month high of $18.86.
Read Our Latest Research Report on RIVN
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.
Southern stock traded down $0.88 during midday trading on Wednesday, reaching $84.69. 4,755,469 shares of the stock traded hands, compared to its average volume of 4,422,923. The stock has a market cap of $93.08 billion, a P/E ratio of 21.12, a PEG ratio of 3.01 and a beta of 0.40. The stock's fifty day moving average is $90.16 and its 200-day moving average is $87.23. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 1.60. Southern has a 12 month low of $76.64 and a 12 month high of $94.45.
Read Our Latest Research Report on SO
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