Renewable Energy Stocks To Watch Today – February 09th

Rockwell Automation, 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 are shares of publicly traded companies that operate in the renewable energy sector, producing energy from sources such as wind, solar, hydro, geothermal, and biomass. Investing in renewable energy stocks means supporting companies that are focused on cleaner energy production and sustainable practices, with the potential for financial growth as the demand for renewable energy sources continues to rise. These companies had the highest dollar trading volume of any Renewable Energy stocks within the last several days.

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.

Shares of NYSE:ROK traded down $0.45 on Friday, reaching $268.27. 1,618,298 shares of the company were exchanged, compared to its average volume of 717,689. The company has a 50-day moving average of $285.72 and a 200-day moving average of $274.97. The company has a current ratio of 1.08, a quick ratio of 0.72 and a debt-to-equity ratio of 0.70. The firm has a market cap of $30.32 billion, a price-to-earnings ratio of 32.40, a price-to-earnings-growth ratio of 2.89 and a beta of 1.35. Rockwell Automation has a 1-year low of $242.81 and a 1-year high of $304.29.

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.

SO traded up $0.74 on Friday, hitting $84.53. 5,077,947 shares of the company were exchanged, compared to its average volume of 4,928,759. The business’s fifty day moving average is $83.37 and its 200 day moving average is $86.69. Southern has a fifty-two week low of $65.80 and a fifty-two week high of $94.45. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.66 and a current ratio of 0.91. The firm has a market capitalization of $92.62 billion, a P/E ratio of 19.66, a price-to-earnings-growth ratio of 2.86 and a beta of 0.53.

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 BK traded down $0.25 on Friday, reaching $86.15. The stock had a trading volume of 3,438,147 shares, compared to its average volume of 3,879,773. The firm has a 50-day moving average of $80.70 and a 200 day moving average of $74.75. The firm has a market capitalization of $62.64 billion, a PE ratio of 14.83, a PEG ratio of 0.98 and a beta of 1.08. Bank of New York Mellon has a twelve month low of $52.64 and a twelve month high of $87.70. The company has a quick ratio of 0.70, a current ratio of 0.69 and a debt-to-equity ratio of 0.83.