Renewable Energy Stocks To Add to Your Watchlist – March 31st

Southern, Quanta Services, Petróleo Brasileiro S.A. – Petrobras, Bank of New York Mellon, Rockwell Automation, EMCOR Group, and WEC Energy Group are the seven Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares in companies that generate power from naturally replenishing resources like sunlight, wind, geothermal, and hydropower. These stocks are often sought by investors looking to support sustainable energy solutions while capitalizing on the potential growth of the renewable energy sector amid global efforts to reduce reliance on fossil fuels. 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.

Shares of NYSE SO traded up $0.62 during trading on Monday, hitting $91.75. 2,218,435 shares of the company were exchanged, compared to its average volume of 5,051,830. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.67 and a quick ratio of 0.66. Southern has a 1 year low of $67.53 and a 1 year high of $94.45. The firm’s fifty day moving average price is $87.34 and its 200 day moving average price is $87.24. The company has a market cap of $100.63 billion, a price-to-earnings ratio of 22.88, a PEG ratio of 3.01 and a beta of 0.46.

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 down $4.19 during trading on Monday, reaching $250.10. 639,441 shares of the stock were exchanged, compared to its average volume of 1,705,291. Quanta Services has a 1 year low of $227.11 and a 1 year high of $365.88. The company has a market capitalization of $37.06 billion, a price-to-earnings ratio of 41.48, a P/E/G ratio of 1.41 and a beta of 1.10. The business’s 50 day moving average price is $283.07 and its two-hundred day moving average price is $305.05. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.30 and a quick ratio of 1.19.

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 down $0.02 during mid-day trading on Monday, reaching $14.36. 10,426,750 shares of the company’s stock were exchanged, compared to its average volume of 15,767,457. Petróleo Brasileiro S.A. – Petrobras has a 52-week low of $12.45 and a 52-week high of $17.44. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 0.65. The company has a 50-day simple moving average of $13.85 and a two-hundred day simple moving average of $13.93. The company has a market cap of $92.54 billion, a price-to-earnings ratio of 5.61, a PEG ratio of 0.18 and a beta of 1.39.

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.

NYSE BK traded up $0.62 during mid-day trading on Monday, reaching $83.33. 1,418,533 shares of the stock were exchanged, compared to its average volume of 4,271,054. The stock has a market capitalization of $59.83 billion, a PE ratio of 14.34, a PEG ratio of 0.97 and a beta of 1.06. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.69. Bank of New York Mellon has a 1-year low of $52.64 and a 1-year high of $90.34. The business’s fifty day simple moving average is $85.34 and its 200 day simple moving average is $79.69.

Rockwell Automation (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

NYSE:ROK traded down $1.90 during trading hours on Monday, reaching $256.73. 445,147 shares of the company were exchanged, compared to its average volume of 850,231. The firm has a market cap of $29.03 billion, a price-to-earnings ratio of 31.92, a PEG ratio of 3.53 and a beta of 1.39. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.08 and a quick ratio of 0.72. The stock has a 50 day simple moving average of $278.93 and a 200 day simple moving average of $278.91. Rockwell Automation has a 52-week low of $242.81 and a 52-week high of $308.70.

EMCOR Group (EME)

EMCOR Group, Inc. provides construction and facilities, building, and industrial services in the United States and the United Kingdom. It offers design, integration, installation, start-up, operation, and maintenance services related to power transmission, distribution, and generation systems; energy solutions; premises electrical and lighting systems; process instrumentation; low-voltage systems; voice and data communications systems; roadway and transit lighting, signaling, and fiber optic lines; computerized traffic control systems, and signal and communication equipment; heating, ventilation, air conditioning, refrigeration, and geothermal solutions; clean-room process ventilation systems; fire protection and suppression systems; plumbing, process, and high-purity piping systems; controls and filtration systems; water and wastewater treatment systems; central plant heating and cooling systems; crane and rigging services; millwright services; and steel fabrication, erection, and welding services.

EME traded down $5.74 on Monday, reaching $365.14. The company’s stock had a trading volume of 291,680 shares, compared to its average volume of 518,610. The stock has a market cap of $16.60 billion, a price-to-earnings ratio of 18.54 and a beta of 1.14. The business’s 50 day moving average is $424.19 and its 200 day moving average is $451.81. EMCOR Group has a 1 year low of $319.49 and a 1 year high of $545.29.

WEC Energy Group (WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.

WEC stock traded up $0.85 during trading on Monday, hitting $108.40. 818,847 shares of the company’s stock traded hands, compared to its average volume of 2,317,658. The company has a quick ratio of 0.43, a current ratio of 0.60 and a debt-to-equity ratio of 1.37. WEC Energy Group has a 52 week low of $77.47 and a 52 week high of $110.19. The stock has a fifty day moving average price of $103.59 and a two-hundred day moving average price of $98.94. The stock has a market capitalization of $34.23 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 2.60 and a beta of 0.45.