Top Renewable Energy Stocks Worth Watching – May 6th

Petróleo Brasileiro S.A. – Petrobras, Bank of New York Mellon, Quanta Services, Rockwell Automation, and WEC Energy Group are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are equity shares in companies that develop, manufacture or operate power-generation technologies using renewable resources like solar, wind, hydro, geothermal and bioenergy. By holding these stocks, investors gain exposure to the growth potential of clean-energy markets and support the global shift away from fossil fuels. Their performance is influenced by factors such as government policies, technological advancements and consumer demand for low-carbon 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.

Shares of NYSE PBR traded up $0.10 during midday trading on Tuesday, reaching $11.30. 17,069,664 shares of the company traded hands, compared to its average volume of 17,430,217. The company has a market cap of $72.79 billion, a price-to-earnings ratio of 4.41, a PEG ratio of 0.18 and a beta of 0.87. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.94 and a quick ratio of 0.71. The stock has a 50-day moving average price of $12.66 and a 200 day moving average price of $13.41. Petróleo Brasileiro S.A. – Petrobras has a 52 week low of $11.03 and a 52 week high of $17.41.

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.

Shares of Bank of New York Mellon stock traded up $0.89 on Tuesday, hitting $83.07. The company had a trading volume of 2,297,184 shares, compared to its average volume of 3,973,398. Bank of New York Mellon has a 52 week low of $56.98 and a 52 week high of $90.34. The company has a debt-to-equity ratio of 0.83, a current ratio of 0.69 and a quick ratio of 0.70. The company has a market cap of $59.64 billion, a PE ratio of 14.28, a PEG ratio of 0.97 and a beta of 1.05. The business has a 50-day simple moving average of $80.90 and a 200-day simple moving average of $80.74.

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.

NYSE PWR traded down $5.02 on Tuesday, reaching $317.60. 512,732 shares of the stock traded hands, compared to its average volume of 1,630,980. Quanta Services has a 12 month low of $227.08 and a 12 month high of $365.88. The company has a market cap of $47.09 billion, a price-to-earnings ratio of 52.67, a P/E/G ratio of 1.41 and a beta of 1.02. The firm’s fifty day simple moving average is $266.02 and its 200 day simple moving average is $300.24. The company has a quick ratio of 1.19, a current ratio of 1.30 and a debt-to-equity ratio of 0.56.

Rockwell Automation (ROK)

Rockwell Automation, Inc. provides industrial automation and digital transformation solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. The company operates through three segments, Intelligent Devices, Software & Control, and Lifecycle Services. Its solutions include hardware and software products and services.

NYSE:ROK traded down $2.43 during mid-day trading on Tuesday, reaching $251.41. 530,355 shares of the stock were exchanged, compared to its average volume of 870,279. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.72. The business has a fifty day moving average price of $251.80 and a 200 day moving average price of $273.46. Rockwell Automation has a 1-year low of $215.00 and a 1-year high of $308.70. The firm has a market capitalization of $28.43 billion, a PE ratio of 31.30, a PEG ratio of 3.53 and a beta of 1.32.

WEC Energy Group (WEC)

WEC Energy Group, Inc., through its subsidiaries, provides regulated natural gas and electricity, and renewable and nonregulated renewable energy services in the United States. It operates through Wisconsin, Illinois, Other States, Electric Transmission, and Non-Utility Energy Infrastructure segments.

NYSE:WEC traded up $1.73 during trading hours on Tuesday, reaching $110.43. 1,057,246 shares of the company’s stock were exchanged, compared to its average volume of 2,134,298. The company has a quick ratio of 0.43, a current ratio of 0.60 and a debt-to-equity ratio of 1.37. The company has a market capitalization of $35.24 billion, a P/E ratio of 22.84, a price-to-earnings-growth ratio of 2.60 and a beta of 0.46. The business’s 50-day simple moving average is $106.90 and its two-hundred day simple moving average is $101.19. WEC Energy Group has a 12 month low of $77.47 and a 12 month high of $111.00.