Best Renewable Energy Stocks To Follow Now – March 5th

Petróleo Brasileiro S.A. – Petrobras, Southern, and Quanta Services are the three Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares in companies that produce or distribute energy generated from renewable sources like solar, wind, and hydroelectric power. These stocks allow investors to participate in the growth of the clean energy sector while potentially benefiting from the global shift toward more sustainable energy solutions. 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 up $0.00 during mid-day trading on Wednesday, reaching $12.96. The stock had a trading volume of 13,625,574 shares, compared to its average volume of 14,720,188. The stock has a market cap of $83.54 billion, a PE ratio of 5.06, a price-to-earnings-growth ratio of 0.18 and a beta of 1.40. The company has a fifty day moving average price of $13.74 and a 200 day moving average price of $14.11. Petróleo Brasileiro S.A. – Petrobras has a 1 year low of $12.55 and a 1 year high of $17.44. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.94 and a quick ratio of 0.71.

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 Southern stock traded down $0.87 during trading on Wednesday, hitting $89.02. 1,886,630 shares of the company’s stock traded hands, compared to its average volume of 5,180,834. Southern has a 1 year low of $67.53 and a 1 year high of $94.45. The business has a 50-day simple moving average of $84.68 and a 200-day simple moving average of $86.94. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.67 and a quick ratio of 0.66. The stock has a market capitalization of $97.64 billion, a P/E ratio of 22.18, a PEG ratio of 3.01 and a beta of 0.53.

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.

Shares of NYSE PWR traded up $1.01 during trading on Wednesday, reaching $250.64. 647,861 shares of the company traded hands, compared to its average volume of 1,716,136. The stock has a market capitalization of $37.14 billion, a PE ratio of 41.57, a P/E/G ratio of 1.41 and a beta of 1.05. The firm has a 50 day simple moving average of $306.07 and a 200-day simple moving average of $305.76. Quanta Services has a 52-week low of $227.11 and a 52-week high of $365.88. The company has a quick ratio of 1.19, a current ratio of 1.30 and a debt-to-equity ratio of 0.56.