Renewable Energy Stocks Worth Watching – November 9th

Quanta Services, WEC Energy Group, HA Sustainable Infrastructure Capital, NOV, and Clearway Energy are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares in publicly traded companies that generate, develop, or support energy from sources such as solar, wind, hydro, and geothermal power. For investors, they offer exposure to the renewable energy sector, but their value can be affected by factors such as government policy, technology costs, competition, and energy prices. 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.

PWR traded up $47.05 during trading on Monday, hitting $587.95. 1,010,238 shares of the company’s stock were exchanged, compared to its average volume of 1,180,870. The company has a current ratio of 1.16, a quick ratio of 1.13 and a debt-to-equity ratio of 0.60. Quanta Services has a 1 year low of $408.36 and a 1 year high of $788.75. The stock has a 50 day moving average price of $628.83 and a 200 day moving average price of $626.39. The firm has a market cap of $88.59 billion, a P/E ratio of 53.37, a price-to-earnings-growth ratio of 1.38 and a beta of 1.29.

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.

Shares of NYSE:WEC traded up $1.55 during midday trading on Monday, hitting $117.42. 937,731 shares of the company’s stock traded hands, compared to its average volume of 2,311,267. The firm’s fifty day moving average price is $106.86 and its two-hundred day moving average price is $111.67. The company has a market cap of $38.63 billion, a PE ratio of 21.30, a P/E/G ratio of 2.38 and a beta of 0.43. WEC Energy Group has a twelve month low of $99.80 and a twelve month high of $120.15. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.36 and a current ratio of 0.53.

HA Sustainable Infrastructure Capital (HASI)

HA Sustainable Infrastructure Capital, Inc., through its subsidiaries, engages in the investment of energy efficiency, renewable energy, and sustainable infrastructure markets in the United States. The company’s portfolio includes equity investments, commercial and government receivables, real estate, and debt securities.

NYSE:HASI traded up $0.32 during trading hours on Monday, hitting $39.22. The stock had a trading volume of 514,882 shares, compared to its average volume of 1,017,536. The company has a current ratio of 7.88, a quick ratio of 8.89 and a debt-to-equity ratio of 2.36. HA Sustainable Infrastructure Capital has a 1-year low of $31.07 and a 1-year high of $44.13. The business has a 50 day simple moving average of $37.27 and a two-hundred day simple moving average of $38.18. The company has a market cap of $5.04 billion, a PE ratio of 40.82, a price-to-earnings-growth ratio of 1.25 and a beta of 1.39.

NOV (NOV)

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.

NOV stock traded up $0.23 during trading on Monday, reaching $17.79. The stock had a trading volume of 1,078,008 shares, compared to its average volume of 4,242,106. The company has a current ratio of 2.51, a quick ratio of 1.66 and a debt-to-equity ratio of 0.27. The firm has a fifty day moving average price of $19.70 and a 200 day moving average price of $19.65. The company has a market capitalization of $6.34 billion, a P/E ratio of 44.46 and a beta of 0.96. NOV has a 1-year low of $14.30 and a 1-year high of $21.93.

Clearway Energy (CWEN)

Clearway Energy, Inc. operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities.

CWEN traded up $0.71 on Monday, reaching $34.81. The company’s stock had a trading volume of 383,818 shares, compared to its average volume of 1,174,856. Clearway Energy has a 1 year low of $28.57 and a 1 year high of $41.74. The business’s 50 day moving average is $31.12 and its 200 day moving average is $35.54. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.11 and a quick ratio of 1.02. The stock has a market cap of $7.15 billion, a price-to-earnings ratio of 45.80 and a beta of 0.81.