Best Lithium Stocks To Watch Today - August 6th

Key Points

• Exxon Mobil, QuantumScape, Rio Tinto, Albemarle, Eos Energy Enterprises, SolarEdge Technologies, and Amprius Technologies are highlighted as the top lithium stocks to watch, reflecting their involvement in the rapidly growing electric vehicle market.
• Investors are attracted to these stocks due to the increasing demand for clean energy and the electrification trend, influenced by lithium supply dynamics and advancements in battery technology.
• Trading volumes were notably high for these stocks recently, indicating significant investor interest, with Exxon Mobil's shares reaching $107.83 during trading hours on Wednesday.

Exxon Mobil, QuantumScape, Rio Tinto, Albemarle, Eos Energy Enterprises, SolarEdge Technologies, and Amprius Technologies are the seven Lithium stocks to watch today, according to MarketBeat's stock screener tool. Lithium stocks are equity shares of companies involved in the mining, processing or battery‐manufacturing of lithium, a key metal used in rechargeable batteries for electric vehicles and portable electronics. Investors buy these stocks to gain exposure to the growing demand for clean energy and electrification, with their value driven by lithium supply dynamics, battery‐technology advances and global EV adoption rates. These companies had the highest dollar trading volume of any Lithium stocks within the last several days.

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Shares of XOM traded up $0.59 during trading hours on Wednesday, reaching $107.83. 5,581,717 shares of the stock traded hands, compared to its average volume of 16,801,213. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $126.34. The company has a current ratio of 1.25, a quick ratio of 0.88 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $109.64 and a 200 day simple moving average of $109.07. The company has a market cap of $464.69 billion, a price-to-earnings ratio of 15.33, a PEG ratio of 2.01 and a beta of 0.53.

Read Our Latest Research Report on XOM

QuantumScape (QS)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Shares of QS stock traded down $0.44 during trading on Wednesday, hitting $8.26. The company's stock had a trading volume of 18,319,331 shares, compared to its average volume of 24,419,000. The business has a fifty day moving average of $7.36 and a 200-day moving average of $5.43. The company has a market cap of $4.67 billion, a PE ratio of -9.61 and a beta of 4.43. QuantumScape has a 52 week low of $3.40 and a 52 week high of $15.03. The company has a current ratio of 16.40, a quick ratio of 16.40 and a debt-to-equity ratio of 0.03.

Read Our Latest Research Report on QS

Rio Tinto (RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

RIO stock traded up $0.56 during mid-day trading on Wednesday, hitting $60.26. The company had a trading volume of 1,181,791 shares, compared to its average volume of 3,375,690. Rio Tinto has a 12 month low of $51.67 and a 12 month high of $72.08. The stock's fifty day moving average price is $59.46 and its two-hundred day moving average price is $60.30. The firm has a market cap of $75.57 billion, a PE ratio of 9.34 and a beta of 0.64. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.53.

Read Our Latest Research Report on RIO

Albemarle (ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.

Albemarle stock traded down $0.77 during trading on Wednesday, hitting $67.48. The stock had a trading volume of 914,183 shares, compared to its average volume of 3,443,146. The company has a quick ratio of 1.47, a current ratio of 2.31 and a debt-to-equity ratio of 0.38. The stock's 50 day moving average is $66.42 and its two-hundred day moving average is $68.68. Albemarle has a 1 year low of $49.43 and a 1 year high of $113.91. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of -7.24 and a beta of 1.63.

Read Our Latest Research Report on ALB

Eos Energy Enterprises (EOSE)

Eos Energy Enterprises, Inc. designs, manufactures, and markets zinc-based energy storage solutions for utility-scale, microgrid, and commercial and industrial (C&I) applications in the United States. The company offers Znyth technology battery energy storage system (BESS), which provides the operating flexibility to manage increased grid complexity and price volatility.

Shares of NASDAQ EOSE traded up $0.08 during midday trading on Wednesday, hitting $6.59. The company's stock had a trading volume of 7,460,246 shares, compared to its average volume of 10,484,747. The firm has a market capitalization of $1.50 billion, a price-to-earnings ratio of -1.27 and a beta of 2.07. The stock has a fifty day moving average price of $4.95 and a 200 day moving average price of $4.96. Eos Energy Enterprises has a one year low of $1.39 and a one year high of $7.36.

Read Our Latest Research Report on EOSE

SolarEdge Technologies (SEDG)

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

SEDG stock traded down $0.58 during midday trading on Wednesday, reaching $25.54. 1,799,246 shares of the company's stock traded hands, compared to its average volume of 4,813,038. The firm has a market capitalization of $1.51 billion, a PE ratio of -0.86 and a beta of 1.56. The company has a 50-day moving average price of $22.80 and a two-hundred day moving average price of $17.97. SolarEdge Technologies has a 52 week low of $10.24 and a 52 week high of $32.45. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.39 and a current ratio of 2.04.

Read Our Latest Research Report on SEDG

Amprius Technologies (AMPX)

Amprius Technologies, Inc. produces and sells ultra-high energy density lithium-ion batteries for mobility applications. The company offers silicon nanowire anode batteries. Its batteries are primarily used for existing and emerging aviation applications, including unmanned aerial systems, such as drones and high-altitude pseudo satellites.

Shares of NYSE:AMPX traded down $0.48 during midday trading on Wednesday, reaching $7.84. 4,163,416 shares of the company traded hands, compared to its average volume of 4,875,880. Amprius Technologies has a 12 month low of $0.61 and a 12 month high of $9.09. The firm's fifty day moving average price is $5.21 and its two-hundred day moving average price is $3.56. The firm has a market capitalization of $924.22 million, a price-to-earnings ratio of -19.16 and a beta of 2.72.

Read Our Latest Research Report on AMPX

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