Tesla, NVIDIA, and Micron Technology are the three Automotive stocks to watch today, according to MarketBeat's stock screener tool. Automotive stocks are shares of publicly traded companies involved in the design, manufacture, distribution and servicing of motor vehicles and their components. By owning these equities, investors gain exposure to the financial performance of automakers, parts suppliers, dealerships and aftermarket service providers. Their value is driven by factors such as consumer demand, commodity prices, regulatory changes and technological innovation (for example, electric vehicles and autonomous driving). These companies had the highest dollar trading volume of any Automotive 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.
TSLA stock traded up $9.07 during midday trading on Wednesday, hitting $325.42. 44,328,354 shares of the company traded hands, compared to its average volume of 109,266,828. The company has a quick ratio of 1.54, a current ratio of 2.00 and a debt-to-equity ratio of 0.07. The business has a 50 day simple moving average of $302.42 and a 200-day simple moving average of $332.66. The stock has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 178.90, a price-to-earnings-growth ratio of 12.36 and a beta of 2.47. Tesla has a twelve month low of $179.66 and a twelve month high of $488.54.
Read Our Latest Research Report on TSLA
NVIDIA (NVDA)
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
NVDA traded up $1.26 during trading on Wednesday, hitting $145.38. The stock had a trading volume of 61,189,903 shares, compared to its average volume of 266,640,250. NVIDIA has a 12 month low of $86.62 and a 12 month high of $153.13. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. The firm has a market cap of $3.55 trillion, a PE ratio of 46.89, a P/E/G ratio of 1.28 and a beta of 2.12. The company has a 50 day simple moving average of $124.34 and a 200-day simple moving average of $126.49.
Read Our Latest Research Report on NVDA
Micron Technology (MU)
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.
Micron Technology stock traded up $1.76 during mid-day trading on Wednesday, reaching $122.10. The company had a trading volume of 7,031,278 shares, compared to its average volume of 23,641,495. The company has a 50 day moving average of $90.13 and a 200-day moving average of $92.87. Micron Technology has a 52 week low of $61.54 and a 52 week high of $157.54. The company has a quick ratio of 1.99, a current ratio of 3.13 and a debt-to-equity ratio of 0.28. The firm has a market cap of $136.45 billion, a price-to-earnings ratio of 29.29 and a beta of 1.28.
Read Our Latest Research Report on MU
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