Renewable Energy Stocks To Keep An Eye On – March 14th

Quanta Services, Petróleo Brasileiro S.A. – Petrobras, 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 are shares of companies that produce or facilitate energy generation from naturally replenishing sources such as solar, wind, geothermal, and hydropower. These investments are often chosen by investors seeking to support sustainable energy practices while capitalizing on the growth potential of the clean energy sector. 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 up $9.57 on Friday, reaching $259.86. The company’s stock had a trading volume of 1,249,470 shares, compared to its average volume of 1,774,125. The business’s fifty day moving average price is $295.49 and its 200 day moving average price is $304.13. The company has a market cap of $38.51 billion, a price-to-earnings ratio of 43.09, a PEG ratio of 1.41 and a beta of 1.10. Quanta Services has a twelve month low of $227.11 and a twelve month 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.

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.

Shares of NYSE:PBR traded up $0.67 during mid-day trading on Friday, reaching $13.40. The stock had a trading volume of 11,742,080 shares, compared to its average volume of 14,902,196. The firm has a 50 day simple moving average of $13.72 and a two-hundred day simple moving average of $14.02. Petróleo Brasileiro S.A. – Petrobras has a twelve month low of $12.45 and a twelve month high of $17.44. The company has a current ratio of 0.94, a quick ratio of 0.71 and a debt-to-equity ratio of 0.65. The firm has a market cap of $86.32 billion, a PE ratio of 5.23, a price-to-earnings-growth ratio of 0.18 and a beta of 1.39.

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 up $2.00 during trading hours on Friday, hitting $81.66. 1,902,961 shares of the company traded hands, compared to its average volume of 4,353,049. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.70 and a current ratio of 0.69. The business’s 50-day moving average is $84.20 and its 200-day moving average is $78.29. The stock has a market capitalization of $58.63 billion, a price-to-earnings ratio of 14.06, a P/E/G 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.