Top Renewable Energy Stocks To Keep An Eye On – June 3rd

Quanta Services, Petróleo Brasileiro S.A. – Petrobras, and Southern are the three Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares in companies involved in the production, development or support of energy from renewable sources such as wind, solar, hydroelectric, geothermal and biomass. Investing in these equities gives shareholders exposure to the growth of clean-energy markets, driven by technological advances, government incentives and rising demand for low-carbon power. By holding renewable energy stocks, investors seek both financial returns and alignment with environmental sustainability goals. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

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.

NYSE PWR traded up $10.34 during trading hours on Tuesday, reaching $355.87. The company’s stock had a trading volume of 671,701 shares, compared to its average volume of 1,544,006. The firm has a market capitalization of $52.76 billion, a price-to-earnings ratio of 59.02, a P/E/G ratio of 1.41 and a beta of 1.02. Quanta Services has a 1-year low of $227.08 and a 1-year high of $365.88. 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 company’s 50-day moving average is $297.68 and its two-hundred day moving average is $303.25.

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.

NYSE PBR traded up $0.05 during trading hours on Tuesday, reaching $11.66. The company’s stock had a trading volume of 18,011,609 shares, compared to its average volume of 17,431,345. The company’s 50-day moving average is $12.02 and its two-hundred day moving average is $13.15. Petróleo Brasileiro S.A. – Petrobras has a 1-year low of $11.03 and a 1-year high of $15.73. The firm has a market capitalization of $75.14 billion, a price-to-earnings ratio of 4.55, a P/E/G ratio of 0.18 and a beta of 0.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.94 and a quick ratio of 0.71.

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 Southern stock traded down $0.74 during mid-day trading on Tuesday, reaching $89.20. 2,134,234 shares of the stock traded hands, compared to its average volume of 4,506,088. Southern has a fifty-two week low of $76.96 and a fifty-two week high of $94.45. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 1.60. The stock has a market capitalization of $98.04 billion, a PE ratio of 22.24, a PEG ratio of 3.01 and a beta of 0.40. The business has a 50-day moving average of $89.91 and a 200 day moving average of $87.26.