Utility Stocks To Keep An Eye On - July 25th

Key Points

• Tesla, Berkshire Hathaway, Rivian Automotive, Riot Platforms, Eaton, Ford Motor, and CRH are identified as key utility stocks to watch due to their high trading volume.
• Utility stocks are considered defensive investments due to their stable revenues and consistent dividend payouts, although their growth potential is often limited compared to other sectors.
• Tesla's stock showed significant trading activity on Friday, reaching $314.39, with a market capitalization of $1.01 trillion and a P/E ratio of 181.69.
• Berkshire Hathaway and Eaton also demonstrated strong trading volume, with Berkshire's stock trading at $484.16 and Eaton's at $392.54.

Tesla, Berkshire Hathaway, Rivian Automotive, Riot Platforms, Eaton, Ford Motor, and CRH are the seven 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 telecommunications—and typically operate in regulated markets. Because their revenues are relatively stable and predictable, these stocks often offer steady dividend payouts and are viewed as defensive investments. However, their growth potential is generally more limited than that of companies in higher-growth industries. 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.

Tesla stock traded up $9.09 during mid-day trading on Friday, hitting $314.39. The company had a trading volume of 126,120,261 shares, compared to its average volume of 108,303,367. Tesla has a 12-month low of $182.00 and a 12-month high of $488.54. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.07. The company has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 181.69, a P/E/G ratio of 12.63 and a beta of 2.39. The company's fifty day moving average is $325.38 and its 200-day moving average is $315.19.

Read Our Latest Research Report on TSLA

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.

BRK.B traded up $3.56 during midday trading on Friday, hitting $484.16. 2,554,973 shares of the company traded hands, compared to its average volume of 4,856,656. The business has a 50 day simple moving average of $489.23 and a two-hundred day simple moving average of $495.41. Berkshire Hathaway has a 52-week low of $406.11 and a 52-week high of $542.07. The company has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 12.90, a PEG ratio of 3.36 and a beta of 0.83.

Read Our Latest Research Report on BRK.B

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 Rivian Automotive stock traded up $0.19 during trading hours on Friday, reaching $14.01. 43,798,110 shares of the company's stock were exchanged, compared to its average volume of 32,268,559. Rivian Automotive has a 1 year low of $9.50 and a 1 year high of $17.15. The company has a market capitalization of $15.84 billion, a P/E ratio of -3.76 and a beta of 1.81. The company has a quick ratio of 2.80, a current ratio of 3.73 and a debt-to-equity ratio of 0.71. The business has a fifty day moving average of $14.04 and a two-hundred day moving average of $13.07.

Read Our Latest Research Report on RIVN

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Shares of NASDAQ RIOT traded down $0.05 during trading on Friday, hitting $14.65. 37,965,597 shares of the company were exchanged, compared to its average volume of 33,605,141. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.23 and a current ratio of 3.23. The firm has a market capitalization of $5.23 billion, a PE ratio of -11.09 and a beta of 4.57. The company has a fifty day moving average price of $10.67 and a 200-day moving average price of $9.79. Riot Platforms has a 12-month low of $6.19 and a 12-month high of $15.87.

Read Our Latest Research Report on RIOT

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 up $7.64 during midday trading on Friday, reaching $392.54. 1,330,975 shares of the company's stock were exchanged, compared to its average volume of 3,069,201. The firm's 50 day simple moving average is $343.32 and its two-hundred day simple moving average is $315.89. The stock has a market cap of $153.60 billion, a price-to-earnings ratio of 39.61, a P/E/G ratio of 2.87 and a beta of 1.17. Eaton has a fifty-two week low of $231.85 and a fifty-two week high of $391.88. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.84.

Read Our Latest Research Report on ETN

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.

Ford Motor stock traded up $0.19 during midday trading on Friday, reaching $11.45. 36,400,620 shares of the stock traded hands, compared to its average volume of 103,910,531. The company has a current ratio of 1.13, a quick ratio of 0.97 and a debt-to-equity ratio of 2.26. The firm has a market cap of $45.51 billion, a PE ratio of 9.16, a price-to-earnings-growth ratio of 3.34 and a beta of 1.49. The company has a 50-day simple moving average of $10.85 and a two-hundred day simple moving average of $10.16. Ford Motor has a 12-month low of $8.44 and a 12-month high of $11.97.

Read Our Latest Research Report on F

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 $2.67 during trading hours on Friday, reaching $99.84. The stock had a trading volume of 4,147,257 shares, compared to its average volume of 5,677,508. CRH has a 1 year low of $74.03 and a 1 year high of $110.97. The stock has a market capitalization of $67.45 billion, a price-to-earnings ratio of 21.19, a P/E/G ratio of 1.53 and a beta of 1.26. The firm's 50 day moving average is $93.14 and its 200-day moving average is $94.61.

Read Our Latest Research Report on CRH

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.