Renewable Energy Stocks To Research – May 16th

Petróleo Brasileiro S.A. – Petrobras, Bank of New York Mellon, Southern, Quanta Services, WEC Energy Group, Rockwell Automation, and CMS Energy are the seven Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares of publicly traded companies involved in generating, distributing or supporting power from renewable sources such as wind, solar, hydroelectric, geothermal and biomass. Investors buy these stocks to gain exposure to firms that benefit from the global shift toward cleaner, low-carbon energy solutions. By holding renewable energy stocks, shareholders participate in the financial performance and growth potential of companies driving the 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.

NYSE PBR traded down $0.08 on Friday, reaching $11.97. 15,080,743 shares of the stock were exchanged, compared to its average volume of 17,507,249. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 0.65. Petróleo Brasileiro S.A. – Petrobras has a one year low of $11.03 and a one year high of $15.73. The firm has a market capitalization of $77.13 billion, a PE ratio of 4.67, a PEG ratio of 0.18 and a beta of 0.87. The company’s 50-day simple moving average is $12.46 and its two-hundred day simple moving average is $13.30.

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 $0.91 during trading hours on Friday, reaching $90.30. 1,954,653 shares of the stock traded hands, compared to its average volume of 4,007,709. The company has a market cap of $64.60 billion, a P/E ratio of 15.54, a price-to-earnings-growth ratio of 0.97 and a beta of 1.05. The company has a current ratio of 0.69, a quick ratio of 0.70 and a debt-to-equity ratio of 0.83. The company’s 50-day moving average price is $80.89 and its two-hundred day moving average price is $81.24. Bank of New York Mellon has a 52-week low of $57.18 and a 52-week high of $90.49.

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 up $0.96 on Friday, reaching $88.34. 1,965,730 shares of the company’s stock traded hands, compared to its average volume of 4,427,102. The firm has a market cap of $97.09 billion, a PE ratio of 22.01, a P/E/G ratio of 3.01 and a beta of 0.40. The company has a quick ratio of 0.66, a current ratio of 0.67 and a debt-to-equity ratio of 1.60. The stock has a 50-day simple moving average of $89.92 and a 200-day simple moving average of $87.18. Southern has a 12 month low of $76.64 and a 12 month high of $94.45.

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 $2.59 on Friday, hitting $342.96. 475,099 shares of the company’s stock traded hands, compared to its average volume of 1,604,558. The company’s 50 day simple moving average is $279.25 and its 200-day simple moving average is $301.53. The company has a current ratio of 1.30, a quick ratio of 1.19 and a debt-to-equity ratio of 0.56. Quanta Services has a one year low of $227.08 and a one year high of $365.88. The firm has a market cap of $50.85 billion, a price-to-earnings ratio of 56.88, a P/E/G ratio of 1.41 and a beta of 1.02.

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.

WEC traded up $1.13 during trading on Friday, reaching $106.04. 961,299 shares of the company traded hands, compared to its average volume of 2,159,339. The company has a market cap of $33.84 billion, a P/E ratio of 21.96, a PEG ratio of 2.60 and a beta of 0.46. The company has a debt-to-equity ratio of 1.37, a quick ratio of 0.43 and a current ratio of 0.60. WEC Energy Group has a 12-month low of $77.47 and a 12-month high of $111.00. The firm has a fifty day simple moving average of $106.90 and a 200 day simple moving average of $101.59.

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 down $0.19 during trading on Friday, hitting $307.67. 310,039 shares of the company traded hands, compared to its average volume of 872,060. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. The company has a market cap of $34.68 billion, a PE ratio of 38.31, a P/E/G ratio of 3.53 and a beta of 1.32. The stock’s 50-day simple moving average is $254.50 and its two-hundred day simple moving average is $274.74. Rockwell Automation has a 1 year low of $215.00 and a 1 year high of $310.78.

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 CMS traded up $0.53 during midday trading on Friday, hitting $71.43. 897,111 shares of the company traded hands, compared to its average volume of 2,302,441. The stock has a market cap of $21.37 billion, a price-to-earnings ratio of 21.52, a PEG ratio of 2.56 and a beta of 0.42. The firm has a 50 day moving average of $72.64 and a 200-day moving average of $69.81. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.57 and a current ratio of 0.79. CMS Energy has a 52 week low of $58.50 and a 52 week high of $76.45.