Renewable Energy Stocks To Research – June 11th

Southern, American Superconductor, Petróleo Brasileiro S.A. – Petrobras, Quanta Services, and Bank of New York Mellon are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares of companies that produce, develop or distribute power from sustainable sources such as solar, wind, hydroelectric and geothermal. By investing in these stocks, shareholders gain partial ownership in firms focused on clean-energy technologies rather than fossil fuels. Many investors are drawn to this sector for its potential long-term growth and its role in reducing greenhouse-gas emissions. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

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.

NYSE SO traded up $0.29 on Wednesday, reaching $89.59. The company’s stock had a trading volume of 2,011,329 shares, compared to its average volume of 4,514,598. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.66 and a current ratio of 0.67. The stock has a market cap of $98.47 billion, a PE ratio of 22.35, a PEG ratio of 3.01 and a beta of 0.38. Southern has a twelve month low of $76.96 and a twelve month high of $94.45. The firm’s 50 day moving average is $89.58 and its two-hundred day moving average is $87.30.

American Superconductor (AMSC)

American Superconductor Corporation, together with its subsidiaries, provides megawatt-scale power resiliency solutions worldwide. The company operates through Grid and Wind segments. The Grid segment offers products and services that enable electric utilities, industrial facilities, and renewable energy project developers to connect, transmit, and distribute power under the Gridtec Solutions brand.

Shares of AMSC stock traded down $4.47 during mid-day trading on Wednesday, reaching $29.98. The stock had a trading volume of 4,873,025 shares, compared to its average volume of 1,133,679. American Superconductor has a one year low of $13.98 and a one year high of $38.02. The firm’s 50 day simple moving average is $22.59 and its 200 day simple moving average is $24.76. The firm has a market cap of $1.18 billion, a PE ratio of 430.56 and a beta of 2.87.

Petróleo Brasileiro S.A. – Petrobras (PBR)

Petróleo Brasileiro S.A. – Petrobras explores, produces, and sells oil and gas in Brazil and internationally. The company operates through three segments: Exploration and Production; Refining, Transportation and Marketing; and Gas and Power. The Exploration and Production segment explores, develops, and produces crude oil, natural gas liquids, and natural gas primarily for supplies to the domestic refineries.

Shares of PBR traded up $0.28 on Wednesday, reaching $11.89. 11,778,073 shares of the company’s stock were exchanged, compared to its average volume of 17,550,272. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 0.65. Petróleo Brasileiro S.A. – Petrobras has a 12 month low of $11.03 and a 12 month high of $15.73. The stock has a market capitalization of $76.61 billion, a P/E ratio of 4.64, a price-to-earnings-growth ratio of 0.18 and a beta of 0.84. The business has a 50 day moving average price of $11.66 and a two-hundred day moving average price of $13.04.

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company’s Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

PWR traded up $5.52 during mid-day trading on Wednesday, hitting $354.28. The stock had a trading volume of 347,090 shares, compared to its average volume of 1,513,520. Quanta Services has a 1-year low of $227.08 and a 1-year high of $365.88. The firm has a market capitalization of $52.53 billion, a price-to-earnings ratio of 58.75, a price-to-earnings-growth ratio of 1.41 and a beta of 1.07. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.30 and a quick ratio of 1.19. The stock’s fifty day simple moving average is $309.76 and its 200-day simple moving average is $304.40.

Bank of New York Mellon (BK)

The Bank of New York Mellon Corporation provides a range of financial products and services in the United States and internationally. The company operates through Securities Services, Market and Wealth Services, Investment and Wealth Management, and other segments. The Securities Services segment offers custody, trust and depositary, accounting, exchange-traded funds, middle-office solutions, transfer agency, services for private equity and real estate funds, foreign exchange, securities lending, liquidity/lending services, and data analytics.

Shares of Bank of New York Mellon stock traded down $0.17 during trading hours on Wednesday, hitting $89.83. The company’s stock had a trading volume of 1,295,331 shares, compared to its average volume of 4,055,102. Bank of New York Mellon has a 12 month low of $57.18 and a 12 month high of $90.63. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.69 and a quick ratio of 0.70. The company has a market capitalization of $64.27 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 0.97 and a beta of 1.08. The stock has a 50 day moving average of $83.19 and a 200 day moving average of $82.77.