Renewable Energy Stocks To Watch Now – August 12th

Southern, Petroleo Brasileiro S.A.- Petrobras, Gevo, Quanta Services, and Bank of New York Mellon are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares in companies whose core business involves producing, developing, or supporting power from sustainable sources such as solar, wind, hydroelectric, geothermal, and biomass. By investing in these stocks, shareholders gain exposure to the growth and innovation of the clean-energy sector as global markets shift away from fossil fuels. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

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 $0.66 during mid-day trading on Tuesday, hitting $93.91. 4,101,316 shares of the stock were exchanged, compared to its average volume of 5,174,681. The stock has a market capitalization of $103.31 billion, a price-to-earnings ratio of 24.13, a price-to-earnings-growth ratio of 3.27 and a beta of 0.38. The firm’s 50-day simple moving average is $92.05 and its 200 day simple moving average is $89.98. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.54 and a current ratio of 0.74. Southern has a fifty-two week low of $80.46 and a fifty-two week high of $96.44.

Petroleo 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.

Petroleo Brasileiro S.A.- Petrobras stock traded up $0.19 during mid-day trading on Tuesday, reaching $12.30. 12,946,917 shares of the company were exchanged, compared to its average volume of 21,263,473. The company has a fifty day simple moving average of $12.50 and a 200-day simple moving average of $12.73. Petroleo Brasileiro S.A.- Petrobras has a 12 month low of $11.03 and a 12 month high of $15.73. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.72 and a quick ratio of 0.47. The firm has a market cap of $79.23 billion, a PE ratio of 5.74 and a beta of 0.85.

Gevo (GEVO)

Gevo, Inc. operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.

Gevo stock traded up $0.64 during mid-day trading on Tuesday, reaching $1.89. 74,293,084 shares of the company were exchanged, compared to its average volume of 4,837,776. The company has a fifty day simple moving average of $1.35 and a 200-day simple moving average of $1.33. Gevo has a 12 month low of $0.63 and a 12 month high of $3.39. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.04 and a quick ratio of 1.71. The firm has a market cap of $451.57 million, a PE ratio of -5.26 and a beta of 2.67.

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.

Quanta Services stock traded up $4.74 during mid-day trading on Tuesday, reaching $388.86. 355,819 shares of the company were exchanged, compared to its average volume of 1,422,609. The company has a fifty day simple moving average of $381.01 and a 200-day simple moving average of $320.39. Quanta Services has a 12 month low of $227.08 and a 12 month high of $424.94. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.37 and a quick ratio of 1.32. The firm has a market cap of $57.94 billion, a PE ratio of 60.20, a PEG ratio of 2.30 and a beta of 1.10.

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 $0.63 during midday trading on Tuesday, hitting $103.90. The company’s stock had a trading volume of 1,227,101 shares, compared to its average volume of 4,239,520. Bank of New York Mellon has a one year low of $62.83 and a one year high of $104.47. The company’s fifty day simple moving average is $94.70 and its two-hundred day simple moving average is $87.65. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $73.28 billion, a price-to-earnings ratio of 15.87, a price-to-earnings-growth ratio of 0.99 and a beta of 1.12.