Renewable Energy Stocks To Keep An Eye On – March 18th

Quanta Services, Southern, and Bank of New York Mellon are the three Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks refer to shares in companies that generate power from naturally replenished sources such as solar, wind, geothermal, and hydroelectric energy. These stocks are often sought after by investors aiming for sustainable and environmentally responsible growth, capitalizing on the global transition to cleaner energy sources. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

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 down $4.08 during trading on Tuesday, hitting $263.32. The company’s stock had a trading volume of 648,269 shares, compared to its average volume of 1,768,180. The stock’s fifty day moving average is $292.98 and its 200 day moving average is $304.54. Quanta Services has a 1-year low of $227.11 and a 1-year high of $365.88. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.19 and a current ratio of 1.30. The stock has a market capitalization of $39.02 billion, a price-to-earnings ratio of 43.67, a P/E/G ratio of 1.41 and a beta of 1.10.

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.

Shares of NYSE SO traded down $0.47 on Tuesday, hitting $90.07. The company had a trading volume of 1,504,358 shares, compared to its average volume of 4,276,251. The firm has a market capitalization of $98.79 billion, a P/E ratio of 22.47, a PEG ratio of 3.01 and a beta of 0.46. Southern has a 12-month low of $67.53 and a 12-month high of $94.45. 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 business has a 50 day moving average of $86.07 and a two-hundred day moving average of $87.18.

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.

NYSE BK traded down $0.20 on Tuesday, hitting $82.22. 1,589,587 shares of the stock traded hands, compared to its average volume of 3,643,364. 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 stock has a 50-day moving average of $84.39 and a 200 day moving average of $78.66. The company has a market capitalization of $59.03 billion, a P/E ratio of 14.17, a price-to-earnings-growth ratio of 0.97 and a beta of 1.06. Bank of New York Mellon has a twelve month low of $52.64 and a twelve month high of $90.34.