|Bid||130.32 x 800|
|Ask||131.74 x 1000|
|Day's Range||129.23 - 136.11|
|52 Week Range||21.49 - 148.94|
|Beta (5Y Monthly)||1.14|
|PE Ratio (TTM)||101.60|
|Earnings Date||Feb 16, 2021 - Feb 22, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||114.93|
Friday is turning out to be a good day to be in the energy business -- in any form -- as shares of hydrogen fuel cell company Bloom Energy (NYSE: BE), natural gas fuel supplier Clean Energy Fuels (NASDAQ: CLNE), and Enphase Energy (NASDAQ: ENPH) all rocketed to new heights. As of 12:30 p.m. EST, shares of Bloom are up 12.4%, Clean Energy stock is up 11.8%, and even Enphase is hanging onto a 3% gain (after being up more than 6% earlier in the day). Any production increase can be interpreted as a broad negative for oil prices.
The solar energy industry has grown rapidly even as fossil fuels remain the dominant source of global energy use. While some large utilities and energy companies have solar and renewable energy divisions, these businesses typically are not included in the industry's listings because the parent's primary focus is not solar. TAN has provided a total return of 199.9% over the last 12 months, well above the Russell 1000's total return of 20.7%, as of December 1, 2020. All statistics in the tables below are as of December 2.
The Russell 1000 Index is a market-capitalization-weighted index of the 1000 largest publicly traded companies in the U.S. It represents approximately 92% of the total market capitalization of all listed stocks in the U.S. equity market. The Russell 1000's total return is 19.0% over the past 12 months, as of November 23, 2020. All statistics in the tables below are as of November 24. Value investing is a factor-based investing strategy in which you pick stocks that you believe are trading for less than what they are intrinsically worth, usually by measuring the ratio of the stock's price to one or more fundamental business metrics.