Renewable Energy Stocks To Add to Your Watchlist – November 10th

Quanta Services, WEC Energy Group, Clearway Energy, NOV, and Ameresco are the five Renewable Energy stocks to watch today, according to MarketBeat’s stock screener tool. Renewable energy stocks are shares of publicly traded companies that develop, produce, or supply energy from sources such as solar, wind, hydro, and geothermal power. For investors, they offer exposure to the clean-energy sector, but their performance can be affected by factors such as government policy, technology costs, and energy-market conditions. 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.

PWR stock traded down $10.58 during midday trading on Tuesday, hitting $580.90. The company’s stock had a trading volume of 609,147 shares, compared to its average volume of 1,182,388. The company has a quick ratio of 1.13, a current ratio of 1.16 and a debt-to-equity ratio of 0.60. The firm has a market capitalization of $87.53 billion, a price-to-earnings ratio of 52.56, a price-to-earnings-growth ratio of 1.48 and a beta of 1.29. Quanta Services has a 12 month low of $408.36 and a 12 month high of $788.75. The company has a 50 day moving average of $628.61 and a two-hundred day moving average of $626.99.

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.

WEC traded up $0.22 on Tuesday, hitting $117.37. The company had a trading volume of 829,261 shares, compared to its average volume of 2,313,763. The business’s fifty day simple moving average is $107.08 and its 200 day simple moving average is $111.70. The company has a quick ratio of 0.36, a current ratio of 0.53 and a debt-to-equity ratio of 1.34. The company has a market cap of $38.61 billion, a PE ratio of 21.30, a PEG ratio of 2.43 and a beta of 0.43. WEC Energy Group has a 12-month low of $99.80 and a 12-month high of $120.15.

Clearway Energy (CWEN)

Clearway Energy, Inc. operates in the renewable energy business in the United States. The company operates through Conventional and Renewables segments. It has approximately 6,000 net MW of installed wind, solar, and energy generation projects; and approximately 2,500 net MW of natural gas-fired generation facilities.

NYSE:CWEN traded down $0.12 during trading hours on Tuesday, reaching $34.58. 762,134 shares of the company’s stock were exchanged, compared to its average volume of 1,176,914. The business’s 50-day simple moving average is $31.18 and its two-hundred day simple moving average is $35.54. The company has a quick ratio of 1.02, a current ratio of 1.11 and a debt-to-equity ratio of 1.55. The company has a market capitalization of $7.10 billion, a P/E ratio of 45.62 and a beta of 0.81. Clearway Energy has a 12 month low of $28.57 and a 12 month high of $41.74.

NOV (NOV)

NOV Inc. designs, constructs, manufactures, and sells systems, components, and products for oil and gas drilling and production, and industrial and renewable energy sectors in the United States and internationally. It operates through two segments, Energy Equipment, and Energy Products and Services. The company provides solids control and waste management equipment and services, managed pressure drilling, drilling fluids, premium drillpipe, wired pipe, drilling optimization services, tubular inspection and coating services, instrumentation, downhole tools, and drill bits.

Shares of NOV stock traded up $0.06 during midday trading on Tuesday, hitting $17.75. The company’s stock had a trading volume of 1,017,570 shares, compared to its average volume of 4,236,612. The stock has a 50-day simple moving average of $19.64 and a 200-day simple moving average of $19.65. NOV has a 1-year low of $14.30 and a 1-year high of $21.93. The firm has a market capitalization of $6.33 billion, a P/E ratio of 44.29 and a beta of 0.96. The company has a quick ratio of 1.66, a current ratio of 2.51 and a debt-to-equity ratio of 0.27.

Ameresco (AMRC)

Ameresco, Inc., a clean technology integrator, provides a portfolio of energy efficiency and renewable energy supply solutions in the United States, Canada, Europe, and internationally. It operates through U.S. Regions, U.S. Federal, Canada, Europe, Alternative Fuels, and All Other segments. The company offers energy efficiency, infrastructure upgrades, energy security and resilience, asset sustainability, and renewable energy solutions for businesses and organizations.

AMRC stock traded up $4.29 during trading hours on Tuesday, hitting $26.75. The company’s stock had a trading volume of 529,728 shares, compared to its average volume of 596,263. The stock has a 50 day moving average price of $21.46 and a two-hundred day moving average price of $26.20. Ameresco has a 12 month low of $18.09 and a 12 month high of $37.14. The company has a market capitalization of $1.42 billion, a PE ratio of 51.58, a price-to-earnings-growth ratio of 1.58 and a beta of 2.50. The company has a quick ratio of 1.66, a current ratio of 1.67 and a debt-to-equity ratio of 1.33.