Promising Green Energy Stocks Worth Watching – February 02nd

Darling Ingredients, Mercer International, Richardson Electronics, Nuvve, and Nuvve are the five Green Energy stocks to watch today, according to MarketBeat’s stock screener tool. Green energy stocks are investments in companies that are involved in producing or promoting renewable and environmentally sustainable energy sources, such as solar, wind, hydropower, and geothermal. These stocks support the transition towards a greener and more sustainable energy sector, offering the potential for financial returns while also contributing to a cleaner environment. These companies had the highest dollar trading volume of any Green Energy stocks within the last several days.

Darling Ingredients (DAR)

Darling Ingredients Inc. develops, produces, and sells natural ingredients from edible and inedible bio-nutrients in North America, Europe, China, South America, and internationally. The company operates through three segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. It offers ingredients and customized specialty solutions for customers in the pharmaceutical, food, pet food, feed, industrial, fuel, bioenergy, and fertilizer industries.

DAR stock traded up $0.86 on Friday, hitting $37.51. The company had a trading volume of 2,805,915 shares, compared to its average volume of 1,725,093. The stock has a market cap of $5.97 billion, a price-to-earnings ratio of 23.15 and a beta of 1.21. The company has a current ratio of 1.41, a quick ratio of 0.83 and a debt-to-equity ratio of 0.89. The stock’s 50-day simple moving average is $35.82 and its 200 day simple moving average is $37.48. Darling Ingredients has a 12-month low of $32.55 and a 12-month high of $48.39.

Mercer International (MERC)

Mercer International Inc., together with its subsidiaries, manufactures and sells northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp worldwide. The company operates through two segments, Pulp and Solid Wood. It manufactures, sells, and distributes pulp, electricity, and chemicals through pulp mills.

Mercer International stock traded down $0.13 during mid-day trading on Friday, reaching $6.73. 180,754 shares of the stock traded hands, compared to its average volume of 240,651. The company has a quick ratio of 2.39, a current ratio of 3.79 and a debt-to-equity ratio of 3.09. The business’s 50-day moving average is $6.46 and its 200-day moving average is $6.57. Mercer International has a 12-month low of $5.33 and a 12-month high of $11.20.

Richardson Electronics (RELL)

Richardson Electronics, Ltd. engages in the provision of engineered solutions, power grid and microwave tube, and related consumables worldwide. The Power and Microwave Technologies segment manufactures electron tubes and radio frequency (RF), microwave and power components used in semiconductor manufacturing equipment, RF, and wireless and industrial power applications, as well as various applications including broadcast transmission, CO2 laser cutting, diagnostic imaging, dielectric and induction heating, energy transfer, high voltage switching, plasma, power conversion, radar, and radiation oncology.

Shares of RELL traded up $0.18 on Friday, reaching $13.20. The company’s stock had a trading volume of 87,753 shares, compared to its average volume of 66,037. Richardson Electronics has a 12-month low of $8.08 and a 12-month high of $15.51. The stock has a market capitalization of $190.21 million, a P/E ratio of 440.15, a PEG ratio of 1.92 and a beta of 0.95. The stock’s 50 day simple moving average is $13.84 and its two-hundred day simple moving average is $12.98.

Nuvve (NVVE)

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.

NASDAQ NVVE traded down $0.27 on Friday, hitting $2.43. 145,911 shares of the company traded hands, compared to its average volume of 71,857. The business’s 50 day moving average price is $3.19 and its 200-day moving average price is $4.23. Nuvve has a 52-week low of $2.30 and a 52-week high of $17.30.

Nuvve (NVVEW)

Nuvve Holding Corp., a green energy technology company, provides commercial vehicle-to-grid (V2G) technology platform in the United States, the United Kingdom, France, and Denmark. The company offers Grid Integrated Vehicle platform, which enables electric vehicle (EV) batteries to store and resell unused energy back to the local electric grid and provide other grid services, as well as allows EV owners to meet the energy demands of individual vehicles and entire fleets.

Shares of NVVEW stock traded down $0.00 during trading hours on Friday, reaching $0.02. 111,049 shares of the company traded hands, compared to its average volume of 68,197. The firm has a 50-day moving average price of $0.02 and a 200 day moving average price of $0.02. Nuvve has a 12-month low of $0.01 and a 12-month high of $0.12.