Best Hydrogen Stocks To Follow Now - November 3rd

Key Points

• Seven hydrogen-related stocks are highlighted: CF Industries, NuScale Power, Plug Power, FuelCell Energy, Lifezone Metals, NewHydrogen, and Fusion Fuel Green ranked among the highest-dollar-volume hydrogen stocks recently.
• Most featured stocks traded below their moving averages and remained unprofitable, including NuScale, Plug Power, FuelCell Energy, Lifezone Metals, NewHydrogen, and Fusion Fuel Green, underscoring the sector’s volatility and speculative nature.
• The companies span diverse hydrogen technologies and applications, including fertilizer and ammonia production, nuclear-powered hydrogen, fuel cells, electrolysis, green-hydrogen systems, and lower-carbon metals used in hydrogen and clean-energy markets.

CF Industries, NuScale Power, Plug Power, FuelCell Energy, Lifezone Metals, NewHydrogen, and Fusion Fuel Green are the seven Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. “Hydrogen stocks” are shares of publicly traded companies involved in producing, storing, distributing, or using hydrogen, including fuel-cell and related clean-energy technologies. For investors, the term generally refers to an industry theme rather than a single standardized category, and these stocks can be highly sensitive to government policy, technology development, demand growth, and company profitability. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

CF Industries (CF)

CF Industries Holdings, Inc., together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

CF traded down $1.43 on Tuesday, reaching $118.90. 641,222 shares of the stock were exchanged, compared to its average volume of 3,172,654. The company's 50-day moving average price is $123.28 and its 200 day moving average price is $116.14. CF Industries has a fifty-two week low of $75.42 and a fifty-two week high of $141.96. The company has a debt-to-equity ratio of 0.36, a current ratio of 4.86 and a quick ratio of 4.32. The firm has a market capitalization of $17.99 billion, a PE ratio of 8.81, a PEG ratio of 0.24 and a beta of 0.53.

Read Our Latest Research Report on CF

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

NuScale Power stock traded down $0.03 during trading hours on Tuesday, hitting $5.33. 12,022,918 shares of the stock traded hands, compared to its average volume of 31,375,459. The firm's 50 day moving average price is $7.80 and its 200-day moving average price is $10.85. The stock has a market capitalization of $2.29 billion, a price-to-earnings ratio of -1.82 and a beta of 2.36. NuScale Power has a 1 year low of $5.20 and a 1 year high of $40.15.

Read Our Latest Research Report on SMR

Plug Power (PLUG)

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.

Shares of NASDAQ:PLUG traded up $0.07 during trading on Tuesday, hitting $1.39. The stock had a trading volume of 25,593,755 shares, compared to its average volume of 70,597,023. The company has a quick ratio of 1.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.29. Plug Power has a 12-month low of $1.30 and a 12-month high of $4.33. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of -1.10 and a beta of 2.28. The stock has a 50-day simple moving average of $1.84 and a two-hundred day simple moving average of $2.39.

Read Our Latest Research Report on PLUG

FuelCell Energy (FCEL)

FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.

NASDAQ FCEL traded up $0.64 during trading hours on Tuesday, reaching $11.13. The stock had a trading volume of 2,421,893 shares, compared to its average volume of 7,022,401. The stock has a fifty day moving average of $15.74 and a 200 day moving average of $14.89. The stock has a market cap of $890.29 million, a P/E ratio of -3.24 and a beta of 2.46. FuelCell Energy has a 52-week low of $5.71 and a 52-week high of $37.88. The company has a debt-to-equity ratio of 0.15, a quick ratio of 7.77 and a current ratio of 8.67.

Read Our Latest Research Report on FCEL

Lifezone Metals (LZM)

Lifezone Metals Limited engages in the extraction and refining of metals. It supplies lower-carbon and sulfur dioxide emission metals to the battery storage, EV, and hydrogen markets. The company's products include nickel, copper, and cobalt. Its flagship project is the Kabanga nickel project in North-West Tanzania.

LZM traded down $0.10 during trading on Tuesday, reaching $3.77. 132,138 shares of the company's stock were exchanged, compared to its average volume of 494,615. Lifezone Metals has a 1 year low of $2.95 and a 1 year high of $6.40. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.67 and a quick ratio of 0.66. The stock has a market capitalization of $317.01 million, a P/E ratio of -0.81 and a beta of 1.35. The company's fifty day simple moving average is $3.80 and its 200-day simple moving average is $4.23.

Read Our Latest Research Report on LZM

NewHydrogen (NEWH)

NewHydrogen, Inc. engages in the development of clean energy technologies. It engages in the development of a breakthrough technology to produce green hydrogen using renewable energy. The company focuses on replacing and reducing expensive rare earth materials, to help usher in the green hydrogen economy.

NASDAQ NEWH traded down $0.00 on Tuesday, reaching $0.03. 211,083 shares of the company's stock traded hands, compared to its average volume of 1,587,791. The stock has a 50 day moving average price of $0.02 and a 200-day moving average price of $0.02. NewHydrogen has a fifty-two week low of $0.01 and a fifty-two week high of $0.04.

Read Our Latest Research Report on NEWH

Fusion Fuel Green (HTOO)

Fusion Fuel Green PLC, together with its subsidiaries, manufactures and sells miniaturized PEM electrolyzers to produce green hydrogen in Portugal, Spain, and rest of southern Europe. The company offers HEVO-Chain, a centralized PEM electrolyzer; and HEVO-Solar, a grid-independent hydrogen generator.

Shares of HTOO traded down $0.09 during mid-day trading on Tuesday, reaching $1.57. The company had a trading volume of 1,919 shares, compared to its average volume of 81,442. Fusion Fuel Green has a 52-week low of $1.50 and a 52-week high of $5.08. The company has a quick ratio of 0.51, a current ratio of 0.52 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average of $2.03 and a two-hundred day moving average of $2.78.

Read Our Latest Research Report on HTOO

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