Promising Renewable Energy Stocks To Follow Today – May 8th

Petróleo Brasileiro S.A. – Petrobras, Rockwell Automation, and Quanta Services are the three Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are publicly traded shares of companies that generate, develop or distribute power from renewable sources such as wind, solar, hydroelectric and geothermal energy. By purchasing these equities, investors gain exposure to the growth of clean-energy industries and the broader transition away from fossil fuels. 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 $0.36 on Thursday, reaching $11.68. The company had a trading volume of 21,109,355 shares, compared to its average volume of 17,510,718. The stock has a 50-day moving average price of $12.57 and a 200 day moving average price of $13.38. The company has a quick ratio of 0.71, a current ratio of 0.94 and a debt-to-equity ratio of 0.65. Petróleo Brasileiro S.A. – Petrobras has a twelve month low of $11.03 and a twelve month high of $17.41. The stock has a market capitalization of $75.27 billion, a P/E ratio of 4.56, a P/E/G ratio of 0.18 and a beta of 0.87.

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.

Shares of NYSE:ROK traded up $9.04 during trading on Thursday, reaching $292.21. The stock had a trading volume of 806,029 shares, compared to its average volume of 951,552. The company has a quick ratio of 0.72, a current ratio of 1.08 and a debt-to-equity ratio of 0.72. The stock has a fifty day simple moving average of $251.08 and a two-hundred day simple moving average of $273.39. The firm has a market capitalization of $33.04 billion, a price-to-earnings ratio of 36.39, a P/E/G ratio of 3.53 and a beta of 1.32. Rockwell Automation has a 52 week low of $215.00 and a 52 week high of $308.70.

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 $5.13 during mid-day trading on Thursday, hitting $328.72. 618,997 shares of the company’s stock traded hands, compared to its average volume of 1,619,775. Quanta Services has a 12 month low of $227.08 and a 12 month high of $365.88. 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 firm has a market capitalization of $48.74 billion, a price-to-earnings ratio of 54.51, a price-to-earnings-growth ratio of 1.41 and a beta of 1.02. The firm has a 50 day moving average of $268.49 and a two-hundred day moving average of $300.53.