Utility Stocks Worth Watching – June 5th

Tesla, Berkshire Hathaway, Ford Motor, Rivian Automotive, and Riot Platforms are the five Utility stocks to watch today, according to MarketBeat’s stock screener tool. Utility stocks are shares in companies that provide essential public services such as electricity, water, natural gas and telecommunications. Because these firms operate in regulated markets with predictable cash flows, they tend to offer steady dividends and lower price volatility than the broader market. Investors often include utility stocks in portfolios seeking income and capital preservation rather than rapid growth. These companies had the highest dollar trading volume of any Utility stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ TSLA traded down $33.00 during trading on Thursday, hitting $299.05. 136,995,111 shares of the company traded hands, compared to its average volume of 98,563,817. The company has a market capitalization of $963.22 billion, a P/E ratio of 147.60, a PEG ratio of 5.86 and a beta of 2.47. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. The business has a fifty day simple moving average of $291.12 and a 200 day simple moving average of $334.34. Tesla has a 12 month low of $167.41 and a 12 month high of $488.54.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Berkshire Hathaway stock traded down $2.16 on Thursday, reaching $488.84. 3,410,664 shares of the stock were exchanged, compared to its average volume of 4,350,498. The firm has a fifty day moving average price of $515.15 and a two-hundred day moving average price of $490.54. Berkshire Hathaway has a twelve month low of $403.33 and a twelve month high of $542.07. The stock has a market cap of $1.05 trillion, a PE ratio of 9.87, a PEG ratio of 3.45 and a beta of 0.85.

Ford Motor (F)

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

Shares of F traded down $0.14 during mid-day trading on Thursday, hitting $10.11. The company’s stock had a trading volume of 92,775,447 shares, compared to its average volume of 78,675,262. Ford Motor has a one year low of $8.44 and a one year high of $14.85. The stock’s 50-day moving average is $10.00 and its two-hundred day moving average is $10.01. The firm has a market capitalization of $40.18 billion, a PE ratio of 6.92, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16.

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Shares of NASDAQ RIVN traded down $0.15 during trading hours on Thursday, reaching $13.87. The stock had a trading volume of 21,960,842 shares, compared to its average volume of 36,159,863. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.09 and a quick ratio of 3.70. The company has a market cap of $15.68 billion, a price-to-earnings ratio of -2.95 and a beta of 1.86. Rivian Automotive has a twelve month low of $9.50 and a twelve month high of $18.86. The business’s fifty day moving average is $13.37 and its two-hundred day moving average is $12.93.

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

RIOT stock traded down $0.35 during trading on Thursday, hitting $9.16. 32,852,963 shares of the stock traded hands, compared to its average volume of 26,914,626. The company has a 50 day simple moving average of $7.85 and a 200 day simple moving average of $9.92. Riot Platforms has a one year low of $6.19 and a one year high of $15.87. The stock has a market cap of $3.27 billion, a price-to-earnings ratio of 21.42 and a beta of 4.74.