Top Renewable Energy Stocks To Watch Now – April 11th

by · The Markets Daily

Petróleo Brasileiro S.A. – Petrobras, Bank of New York Mellon, Rockwell Automation, Quanta Services, CMS Energy, Southern, 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 produce energy from naturally replenished resources such as wind, solar, hydroelectric, geothermal, and biomass. These stocks represent investments in the growing clean energy sector, which aims to reduce reliance on fossil fuels and promote environmental sustainability. 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 up $0.28 during mid-day trading on Friday, hitting $11.58. 25,484,613 shares of the company traded hands, compared to its average volume of 17,127,867. The firm has a market cap of $74.59 billion, a P/E ratio of 4.51, a PEG ratio of 0.18 and a beta of 0.94. Petróleo Brasileiro S.A. – Petrobras has a 52-week low of $11.03 and a 52-week high of $17.44. The firm’s 50 day simple moving average is $13.61 and its 200 day simple moving average is $13.80. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.71 and a current ratio of 0.94.

Read Our Latest Research Report on PBR

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 up $1.51 during mid-day trading on Friday, reaching $78.12. 3,667,732 shares of the stock traded hands, compared to its average volume of 3,969,689. The stock has a fifty day simple moving average of $83.77 and a 200 day simple moving average of $80.14. Bank of New York Mellon has a 12-month low of $52.64 and a 12-month high of $90.34. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 0.83. The firm has a market cap of $56.09 billion, a price-to-earnings ratio of 13.46, a P/E/G ratio of 0.97 and a beta of 1.03.

Read Our Latest Research Report on BK

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.

ROK traded up $1.21 during trading hours on Friday, reaching $231.37. 718,421 shares of the stock traded hands, compared to its average volume of 867,122. Rockwell Automation has a fifty-two week low of $215.00 and a fifty-two week high of $308.70. The company has a market cap of $26.16 billion, a price-to-earnings ratio of 28.75, 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 firm’s fifty day simple moving average is $268.95 and its two-hundred day simple moving average is $276.84.

Read Our Latest Research Report on ROK

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 $6.41 on Friday, reaching $269.11. The stock had a trading volume of 493,017 shares, compared to its average volume of 1,696,087. The company has a 50-day moving average of $267.81 and a 200 day moving average of $302.72. The company has a current ratio of 1.30, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. The stock has a market cap of $39.88 billion, a P/E ratio of 44.63, a price-to-earnings-growth ratio of 1.41 and a beta of 1.04. Quanta Services has a 12-month low of $227.08 and a 12-month high of $365.88.

Read Our Latest Research Report on PWR

CMS Energy (CMS)

CMS Energy Corporation operates as an energy company primarily in Michigan. The company operates through three segments: Electric Utility; Gas Utility; and Enterprises. The Electric Utility segment is involved in the generation, purchase, transmission, distribution, and sale of electricity. This segment generates electricity through coal, wind, gas, renewable energy, oil, and nuclear sources.

Shares of NYSE:CMS traded up $0.56 during trading on Friday, hitting $72.11. The company’s stock had a trading volume of 1,770,682 shares, compared to its average volume of 2,258,512. CMS Energy has a fifty-two week low of $56.61 and a fifty-two week high of $76.45. The stock’s 50-day moving average price is $71.80 and its two-hundred day moving average price is $69.48. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.57 and a current ratio of 0.79. The company has a market capitalization of $21.55 billion, a PE ratio of 21.71, a PEG ratio of 2.56 and a beta of 0.34.

Read Our Latest Research Report on CMS

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.

SO stock traded up $1.04 during midday trading on Friday, hitting $89.93. 1,333,622 shares of the company’s stock were exchanged, compared to its average volume of 4,545,505. The stock has a market capitalization of $98.64 billion, a price-to-earnings ratio of 22.43, a price-to-earnings-growth ratio of 3.01 and a beta of 0.39. The company has a current ratio of 0.67, a quick ratio of 0.66 and a debt-to-equity ratio of 1.60. The firm has a 50 day moving average price of $88.54 and a 200-day moving average price of $87.26. Southern has a 12-month low of $67.53 and a 12-month high of $94.45.

Read Our Latest Research Report on SO

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 $1.53 during midday trading on Friday, reaching $107.04. The company had a trading volume of 774,132 shares, compared to its average volume of 2,134,918. The stock has a market capitalization of $34.16 billion, a P/E ratio of 22.14, a PEG ratio of 2.60 and a beta of 0.44. The stock’s fifty day moving average price is $105.05 and its 200-day moving average price is $99.70. The company has a debt-to-equity ratio of 1.37, a current ratio of 0.60 and a quick ratio of 0.43. WEC Energy Group has a one year low of $77.47 and a one year high of $111.00.

Read Our Latest Research Report on WEC

Featured Articles