Solar Stocks To Watch Now – November 5th

First Solar, Nextpower, Sunrun, Solaris Energy Infrastructure, Enphase Energy, SolarEdge Technologies, and Shoals Technologies Group are the seven Solar stocks to watch today, according to MarketBeat’s stock screener tool. Solar stocks are shares of publicly traded companies involved in solar energy, such as manufacturers of panels and equipment, project developers, and installation or service providers. Investors may buy them to gain exposure to the growth of solar power, but their performance can be affected by policy changes, interest rates, energy prices, and competition. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

FSLR traded up $0.23 during trading hours on Thursday, reaching $194.75. 4,174,576 shares of the stock traded hands, compared to its average volume of 2,401,699. The firm’s fifty day simple moving average is $187.38 and its two-hundred day simple moving average is $215.40. The company has a market cap of $20.93 billion, a price-to-earnings ratio of 11.28, a PEG ratio of 0.50 and a beta of 1.73. First Solar has a fifty-two week low of $165.86 and a fifty-two week high of $320.95.

Nextpower (NXT)

Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.

Nextpower stock traded down $8.87 during midday trading on Thursday, hitting $97.83. 2,897,684 shares of the stock were exchanged, compared to its average volume of 2,450,347. Nextpower has a 1 year low of $75.40 and a 1 year high of $163.13. The firm has a market cap of $14.84 billion, a P/E ratio of 24.71, a P/E/G ratio of 2.00 and a beta of 1.93. The company has a 50 day moving average price of $83.18 and a two-hundred day moving average price of $106.67.

Sunrun (RUN)

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.

NASDAQ:RUN traded up $0.92 on Thursday, reaching $9.71. The stock had a trading volume of 23,631,065 shares, compared to its average volume of 9,434,342. The company has a current ratio of 1.42, a quick ratio of 1.00 and a debt-to-equity ratio of 3.34. The company has a 50-day moving average of $8.09 and a 200 day moving average of $12.33. The stock has a market cap of $2.34 billion, a P/E ratio of 6.55 and a beta of 2.35. Sunrun has a 12-month low of $6.78 and a 12-month high of $21.95.

Solaris Energy Infrastructure (SEI)

Solaris Energy Infrastructure, Inc. is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.

Shares of NYSE SEI traded down $6.33 during midday trading on Thursday, reaching $51.31. 4,344,402 shares of the company’s stock were exchanged, compared to its average volume of 2,805,278. Solaris Energy Infrastructure has a 52-week low of $38.50 and a 52-week high of $86.19. The stock has a market capitalization of $3.93 billion, a PE ratio of 60.13 and a beta of 1.40. The company has a debt-to-equity ratio of 2.23, a quick ratio of 4.03 and a current ratio of 4.12. The business’s fifty day moving average price is $65.63 and its two-hundred day moving average price is $63.38.

Enphase Energy (ENPH)

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.

Shares of NASDAQ:ENPH traded down $3.21 during trading on Thursday, hitting $28.34. The company’s stock had a trading volume of 7,420,641 shares, compared to its average volume of 6,569,032. The company has a market capitalization of $3.75 billion, a PE ratio of 42.28 and a beta of 1.44. Enphase Energy has a fifty-two week low of $23.83 and a fifty-two week high of $73.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 3.56 and a current ratio of 4.09. The stock’s 50-day moving average price is $33.16 and its two-hundred day moving average price is $40.87.

SolarEdge Technologies (SEDG)

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

NASDAQ SEDG traded down $4.14 during mid-day trading on Thursday, reaching $25.88. 4,364,239 shares of the company’s stock traded hands, compared to its average volume of 3,363,732. SolarEdge Technologies has a 1-year low of $25.25 and a 1-year high of $81.25. The company has a fifty day simple moving average of $32.91 and a 200-day simple moving average of $42.18. The company has a current ratio of 2.03, a quick ratio of 1.38 and a debt-to-equity ratio of 0.85. The company has a market cap of $1.59 billion, a price-to-earnings ratio of -5.73 and a beta of 1.31.

Shoals Technologies Group (SHLS)

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services.

SHLS stock traded down $0.50 during midday trading on Thursday, hitting $8.66. 8,650,381 shares of the company’s stock were exchanged, compared to its average volume of 5,298,598. The firm has a 50 day moving average price of $7.65 and a 200-day moving average price of $8.47. Shoals Technologies Group has a 12-month low of $5.43 and a 12-month high of $13.18. The stock has a market capitalization of $1.46 billion, a price-to-earnings ratio of 45.54, a price-to-earnings-growth ratio of 1.01 and a beta of 1.86. The company has a current ratio of 2.25, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32.