Electric Vehicle Stocks To Keep An Eye On - June 6th

Tesla, Samsara, and Navitas Semiconductor are the three Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are shares of companies involved in the development, manufacture or support of electric vehicles and their core components. This includes automakers specializing in EVs, battery producers, charging‐infrastructure firms and suppliers of related technology. Investors buy these equities to gain exposure to the rapid growth and innovation in sustainable transportation. These companies had the highest dollar trading volume of any Electric Vehicle 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.

Shares of NASDAQ TSLA traded up $15.86 during trading on Friday, hitting $300.56. 111,247,455 shares of the company were exchanged, compared to its average volume of 99,354,656. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. The firm's fifty day moving average price is $291.63 and its 200 day moving average price is $333.97. Tesla has a 1 year low of $167.41 and a 1 year high of $488.54. The company has a market cap of $968.08 billion, a price-to-earnings ratio of 147.20, a PEG ratio of 5.86 and a beta of 2.47.

Read Our Latest Research Report on TSLA

Samsara (IOT)

Samsara Inc. provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.

NYSE IOT traded down $1.86 during mid-day trading on Friday, hitting $45.39. The stock had a trading volume of 9,196,012 shares, compared to its average volume of 3,773,929. The company has a market cap of $25.84 billion, a price-to-earnings ratio of -96.33 and a beta of 1.74. Samsara has a 52-week low of $27.14 and a 52-week high of $61.90. The company has a 50 day simple moving average of $41.45 and a 200 day simple moving average of $45.47.

Read Our Latest Research Report on IOT

Navitas Semiconductor (NVTS)

Navitas Semiconductor Corporation designs, develops, and markets gallium nitride power integrated circuits, silicon carbide, associated high-speed silicon system controllers, and digital isolators used in power conversion and charging. The company's products are used in mobile, consumer, data center, solar, electric vehicle, industrial motor drive, smart grid, and transportation applications.

NVTS traded up $0.21 during midday trading on Friday, reaching $6.26. 29,945,569 shares of the company's stock were exchanged, compared to its average volume of 8,960,012. Navitas Semiconductor has a 1-year low of $1.52 and a 1-year high of $7.53. The stock has a market capitalization of $1.20 billion, a PE ratio of -14.94 and a beta of 2.96. The business's 50-day moving average price is $2.71 and its 200 day moving average price is $2.91.

Read Our Latest Research Report on NVTS

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