Utility Stocks To Consider – April 29th

Tesla, Ford Motor, Berkshire Hathaway, Eaton, and Riot Platforms are the five Utility stocks to watch today, according to MarketBeat’s stock screener tool. Utility stocks are shares of companies that provide essential public services such as electricity, natural gas, water and sewage treatment. Because these firms operate in heavily regulated markets with predictable demand, they tend to generate steady cash flows and pay reliable dividends. Investors often view utility stocks as defensive holdings, offering income and relative stability during economic downturns. These companies had the highest dollar trading volume of any Utility stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

TSLA stock traded down $0.07 during mid-day trading on Tuesday, reaching $285.81. The company’s stock had a trading volume of 74,082,109 shares, compared to its average volume of 96,108,629. Tesla has a fifty-two week low of $167.41 and a fifty-two week high of $488.54. The stock has a market cap of $919.31 billion, a PE ratio of 140.53, a P/E/G ratio of 5.86 and a beta of 2.58. The company has a current ratio of 2.02, a quick ratio of 1.61 and a debt-to-equity ratio of 0.08. The company’s 50 day moving average is $262.49 and its two-hundred day moving average is $324.09.

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Ford Motor (F)

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

Shares of F stock traded up $0.10 on Tuesday, hitting $10.12. The stock had a trading volume of 97,588,726 shares, compared to its average volume of 72,654,017. The firm has a market capitalization of $40.09 billion, a P/E ratio of 6.93, a P/E/G ratio of 0.61 and a beta of 1.41. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02. The company’s 50 day moving average price is $9.65 and its 200-day moving average price is $10.10. Ford Motor has a 1 year low of $8.44 and a 1 year high of $14.85.

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Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Shares of NYSE:BRK.B traded up $2.90 during trading on Tuesday, hitting $533.84. The company’s stock had a trading volume of 1,448,057 shares, compared to its average volume of 4,126,055. Berkshire Hathaway has a fifty-two week low of $396.35 and a fifty-two week high of $539.00. The business has a 50 day moving average price of $513.84 and a two-hundred day moving average price of $481.15. The company has a market capitalization of $1.15 trillion, a PE ratio of 10.80, a P/E/G ratio of 3.45 and a beta of 0.80.

Read Our Latest Research Report on BRK.B

Eaton (ETN)

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

ETN traded up $2.75 on Tuesday, hitting $290.49. 807,211 shares of the company were exchanged, compared to its average volume of 2,624,630. The firm has a 50-day moving average price of $281.12 and a two-hundred day moving average price of $322.74. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.46. The company has a market cap of $113.80 billion, a price-to-earnings ratio of 30.59, a price-to-earnings-growth ratio of 2.64 and a beta of 1.09. Eaton has a twelve month low of $231.85 and a twelve month high of $379.99.

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Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Shares of NASDAQ:RIOT traded down $0.20 during trading hours on Tuesday, reaching $7.44. The stock had a trading volume of 31,533,431 shares, compared to its average volume of 25,553,352. The stock has a market capitalization of $2.60 billion, a price-to-earnings ratio of 17.45 and a beta of 4.60. The firm’s 50 day moving average is $7.82 and its 200-day moving average is $10.33. Riot Platforms has a 1 year low of $6.19 and a 1 year high of $15.87.

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