Utility Stocks To Keep An Eye On – January 31st

Tesla, Eaton, Ford Motor, Berkshire Hathaway, 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 services such as water, electricity, and natural gas. These companies are typically considered low-risk investments due to their stable performance and steady dividends. Utility stocks are often seen as a defensive investment option during periods of economic uncertainty or market volatility. 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.

Shares of TSLA traded up $9.46 during trading hours on Friday, reaching $409.74. 54,273,617 shares of the company’s stock traded hands, compared to its average volume of 73,740,531. The firm’s 50 day simple moving average is $403.18 and its 200-day simple moving average is $297.99. The stock has a market cap of $1.32 trillion, a PE ratio of 201.40, a price-to-earnings-growth ratio of 8.08 and a beta of 2.30. Tesla has a 12 month low of $138.80 and a 12 month high of $488.54. The company has a current ratio of 1.84, a quick ratio of 1.37 and a debt-to-equity ratio of 0.08.

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.

Shares of NYSE:ETN traded up $0.91 during midday trading on Friday, reaching $328.01. 3,267,541 shares of the company’s stock traded hands, compared to its average volume of 3,478,438. The company has a market cap of $129.63 billion, a price-to-earnings ratio of 34.96, a P/E/G ratio of 2.21 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.00 and a current ratio of 1.53. Eaton has a one year low of $245.65 and a one year high of $379.99. The stock has a 50 day moving average of $350.25 and a 200 day moving average of $331.09.

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 NYSE:F traded down $0.11 during midday trading on Friday, reaching $10.06. 56,938,575 shares of the company’s stock traded hands, compared to its average volume of 63,800,309. Ford Motor has a one year low of $9.49 and a one year high of $14.85. The stock has a 50 day moving average of $10.23 and a 200 day moving average of $10.76. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.98 and a current ratio of 1.15. The company has a market cap of $39.96 billion, a price-to-earnings ratio of 11.47, a P/E/G ratio of 1.97 and a beta of 1.64.

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.

BRK.B stock traded down $4.67 during trading on Friday, reaching $467.68. The stock had a trading volume of 1,102,249 shares, compared to its average volume of 3,905,066. Berkshire Hathaway has a 52 week low of $381.48 and a 52 week high of $491.67. The stock’s 50 day moving average is $461.92 and its two-hundred day moving average is $456.01. The firm has a market cap of $1.01 trillion, a PE ratio of 9.47, a PEG ratio of 3.36 and a beta of 0.88.

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.

RIOT traded down $0.00 during midday trading on Friday, reaching $11.90. The company had a trading volume of 25,268,249 shares, compared to its average volume of 35,136,387. The business has a 50-day moving average of $12.09 and a two-hundred day moving average of $10.19. The company has a market cap of $4.09 billion, a P/E ratio of 27.81 and a beta of 4.22. Riot Platforms has a 1 year low of $6.36 and a 1 year high of $18.36.