Green Energy Stocks To Watch Now - March 24th

Today, three notable green energy stocks are drawing attention: Darling Ingredients, Mercer International, and Richardson Electronics. These companies are recognized for their commitment to renewable energy sources, including solar, wind, hydro, and geothermal power. Investing in green energy stocks reflects a growing trend toward sustainability and a preference for reducing dependence on fossil fuels, which is vital for lowering environmental impact.

Darling Ingredients (DAR)

Darling Ingredients Inc. is a leading developer and manufacturer of natural ingredients derived from both edible and non-edible bio-nutrients. The company's operations span across North America, Europe, China, and South America, and it is organized into three main segments: Feed Ingredients, Food Ingredients, and Fuel Ingredients. Darling provides customized solutions and ingredients for various industries, including pharmaceuticals, food production, pet food, and bioenergy.

As of the latest trading session, Darling Ingredients' shares dipped by $0.29 to reach $29.53, with a total trading volume of 411,161 shares, which is lower than its average of 2,108,882 shares. The company's shares have fluctuated between a low of $27.20 and a high of $48.39 over the past year. Darling Ingredients holds a market capitalization of $4.69 billion and has a price-to-earnings ratio of 17.07, alongside a beta of 1.25, indicating its volatility is relatively moderate. Additionally, its fifty-day simple moving average stands at $35.67.

Mercer International (MERC)

Mercer International Inc. operates as a global manufacturer and distributor of northern bleached softwood kraft (NBSK) and northern bleached hardwood kraft (NBHK) pulp. The company has two primary segments: Pulp and Solid Wood. Its pulp mills are not only focused on pulp production but also generate electricity and various chemicals.

On the latest trading day, Mercer International saw its shares increase by $0.10, bringing the stock price to $6.61, with 77,325 shares changing hands, compared to an average volume of 338,701 shares. Over the past year, its shares have ranged from $5.33 to $11.20. Mercer International has a market capitalization of approximately $442.02 million and shows a P/E ratio of -5.20. The company's financial health is indicated by a debt-to-equity ratio of 3.09 and a quick ratio of 2.39.

Richardson Electronics (RELL)

Richardson Electronics, Ltd. specializes in engineered solutions, particularly in power grid and microwave technology, providing related consumables worldwide. Its Power and Microwave Technologies segment is involved in manufacturing essential components like electron tubes and radio frequency (RF) devices, which have applications in various sectors, including semiconductor manufacturing and medical imaging.

On the latest trading day, Richardson Electronics saw its shares rise by $0.24, setting the price at $12.28, with a trading volume of 40,476 shares against an average volume of 73,968 shares. The stock has experienced a range from $8.77 to $15.51 in the past year and has a market capitalization of around $176.94 million with a P/E ratio of 409.47.

Green, Energy, Stocks