Utility Stocks To Watch Now – February 28th

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 services such as electricity, water, gas, and waste management. They are typically viewed as stable, defensive investments because the consistent demand for these necessities tends to cushion them against economic downturns. 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 traded up $1.88 during midday trading on Friday, reaching $283.83. The stock had a trading volume of 75,184,399 shares, compared to its average volume of 78,153,141. The company has a market capitalization of $912.94 billion, a price-to-earnings ratio of 139.03, a price-to-earnings-growth ratio of 5.86 and a beta of 2.34. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. Tesla has a 12-month low of $138.80 and a 12-month high of $488.54. The company’s 50-day moving average is $387.91 and its 200 day moving average is $315.28.

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 $3.53 during midday trading on Friday, hitting $505.94. The stock had a trading volume of 2,696,124 shares, compared to its average volume of 3,979,165. Berkshire Hathaway has a 1 year low of $395.66 and a 1 year high of $511.49. The business has a fifty day moving average of $466.91 and a 200 day moving average of $462.45. The company has a market cap of $1.09 trillion, a P/E ratio of 10.22, a price-to-earnings-growth ratio of 3.45 and a beta of 0.88.

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 F stock traded up $0.11 during trading hours on Friday, hitting $9.40. 94,643,067 shares of the company’s stock were exchanged, compared to its average volume of 75,798,977. Ford Motor has a 12-month low of $9.10 and a 12-month high of $14.85. The company has a market capitalization of $37.24 billion, a PE ratio of 6.43, a PEG ratio of 0.61 and a beta of 1.63. The business’s 50 day simple moving average is $9.78 and its 200-day simple moving average is $10.42. The company has a current ratio of 1.16, a quick ratio of 1.02 and a debt-to-equity ratio of 2.31.