DRXGY stock forecast, quote, news & analysis

The alternative power generation industry consists of companies that operate power facilities converting non-conventional forms of energy into electricity. These energy forms are alternatives to fossil fuels, and many of them are derived from natural resources. Alternative energy forms include solar, wind, hydro, and geothermal steam. A major purpose behind using alternative energy – also called ‘clean’ energy - is to address concerns related to the more conventional fossil fuels, such as the latter’s high carbon dioxide emissions which is often considered a factor in global warming. Alternative power generation has been gaining traction in recent years, and could grow further in the future. Large organizations like Google have invested substantially in wind and solar energy-powered electricity. Some of the prominent U.S. companies operating in the alternative power generation industry includes Ormat Technologies, Inc., TerraForm Power, Inc. and NextEra Energy Partners LP.

The average market capitalization across the Alternative Power Generation Industry is 6.29B. The market cap for tickers in the group ranges from 10 to 118.24B. REOVF holds the highest valuation in this group at 118.24B. The lowest valued company is CDVM at 10.

The average weekly price growth across all stocks in the Alternative Power Generation Industry was -0%. For the same Industry, the average monthly price growth was 2%, and the average quarterly price growth was -1%. ADHI experienced the highest price growth at 127%, while TDWRF experienced the biggest fall at -50%.

The average weekly volume growth across all stocks in the Alternative Power Generation Industry was -25%. For the same stocks of the Industry, the average monthly volume growth was -9% and the average quarterly volume growth was -34%