Best Renewable Energy Stocks Worth Watching – April 4th

Petróleo Brasileiro S.A. – Petrobras, Southern, Quanta Services, Bank of New York Mellon, and EMCOR Group are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks refer to shares of companies that produce energy through sustainable sources like wind, solar, and hydropower. These stocks offer investors a stake in the growing clean energy sector, which aims to reduce reliance on fossil fuels while addressing environmental and climate change challenges. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

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 NYSE:PBR traded down $1.22 during midday trading on Friday, hitting $12.80. The company’s stock had a trading volume of 31,626,812 shares, compared to its average volume of 16,775,209. The stock’s 50 day simple moving average is $13.89 and its 200 day simple moving average is $13.93. Petróleo Brasileiro S.A. – Petrobras has a fifty-two week low of $12.45 and a fifty-two week high of $17.44. The stock has a market capitalization of $82.46 billion, a price-to-earnings ratio of 5.01, a PEG ratio of 0.18 and a beta of 0.94. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.71 and a current ratio of 0.94.

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 down $2.71 during trading hours on Friday, hitting $89.85. The stock had a trading volume of 4,139,643 shares, compared to its average volume of 4,520,711. The business’s 50 day moving average is $88.03 and its 200-day moving average is $87.35. Southern has a one year low of $67.53 and a one year high of $94.45. The company has a market cap of $98.55 billion, a price-to-earnings ratio of 22.41, a P/E/G ratio of 3.01 and a beta of 0.46. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.66 and a current ratio of 0.67.

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.

Shares of PWR stock traded down $11.56 during trading on Friday, reaching $240.48. 1,262,785 shares of the company’s stock were exchanged, compared to its average volume of 1,688,984. The firm’s fifty day moving average price is $275.52 and its 200-day moving average price is $304.22. The stock has a market capitalization of $35.64 billion, a PE ratio of 39.88, a PEG ratio of 1.41 and a beta of 1.10. Quanta Services has a twelve month low of $227.11 and a twelve month high of $365.88. The company has a quick ratio of 1.19, a current ratio of 1.30 and a debt-to-equity ratio of 0.56.

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 BK traded down $5.32 during trading hours on Friday, reaching $74.59. The stock had a trading volume of 3,126,011 shares, compared to its average volume of 3,908,446. The company’s 50-day moving average is $85.23 and its two-hundred day moving average is $79.93. 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 12 month low of $52.64 and a 12 month high of $90.34. The stock has a market capitalization of $53.55 billion, a PE ratio of 12.87, a PEG ratio of 0.97 and a beta of 1.03.

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.

NYSE:EME traded down $13.55 during trading hours on Friday, reaching $340.99. The company had a trading volume of 629,905 shares, compared to its average volume of 455,557. EMCOR Group has a twelve month low of $319.49 and a twelve month high of $545.30. The business’s 50-day simple moving average is $411.84 and its two-hundred day simple moving average is $450.39. The firm has a market cap of $15.51 billion, a price-to-earnings ratio of 17.37 and a beta of 1.14.