Electric Vehicle Stocks To Follow Now - November 4th

Key Points

• MarketBeat’s five EV stocks to watch based on recent dollar trading volume are Tesla, Rivian Automotive, Shoals Technologies Group, NIO, and XPENG.
• In Wednesday trading, Tesla fell $13.33 to $385.17, while Rivian, Shoals, NIO, and XPENG rose.
• The stocks showed varied performance over the past year: Tesla ranged from $297.38 to $498.83, while Rivian, NIO, and XPENG were trading closer to their 52-week lows.

Tesla, Rivian Automotive, Shoals Technologies Group, NIO, and XPENG are the five Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are shares of publicly traded companies involved in the design, manufacturing, sale, or supporting infrastructure of electric vehicles (EVs). For stock market investors, these stocks may include automakers, battery producers, charging-network operators, and suppliers, and their performance can be influenced by EV adoption, government policies, competition, and technological developments. 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 TSLA traded down $13.33 on Wednesday, hitting $385.17. The company's stock had a trading volume of 25,919,000 shares, compared to its average volume of 50,035,191. The company has a 50 day moving average price of $371.42 and a 200 day moving average price of $385.39. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.74 and a quick ratio of 1.39. Tesla has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The company has a market capitalization of $1.52 trillion, a PE ratio of 423.59, a PEG ratio of 25.01 and a beta of 1.74.

Read Our Latest Research Report on TSLA

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Shares of NASDAQ:RIVN traded up $0.79 during midday trading on Wednesday, reaching $14.08. The company's stock had a trading volume of 22,384,376 shares, compared to its average volume of 29,393,785. Rivian Automotive has a fifty-two week low of $11.38 and a fifty-two week high of $22.69. The company has a market capitalization of $20.38 billion, a P/E ratio of -6.26 and a beta of 1.64. The company has a debt-to-equity ratio of 0.78, a current ratio of 2.18 and a quick ratio of 1.70. The business's fifty day simple moving average is $14.39 and its 200-day simple moving average is $15.45.

Read Our Latest Research Report on RIVN

Shoals Technologies Group (SHLS)

Shoals Technologies Group, Inc. provides electrical balance of system (EBOS) solutions and components for solar, battery energy, and electric vehicle (EV) charging applications in the United States and internationally. The company designs, manufactures, and sells system solutions for both homerun and combine-as-you-go wiring architectures, as well as offers technical support services.

NASDAQ SHLS traded up $0.84 on Wednesday, hitting $9.31. 15,819,035 shares of the company were exchanged, compared to its average volume of 5,214,347. Shoals Technologies Group has a 1-year low of $5.43 and a 1-year high of $13.18. The firm has a 50 day moving average of $7.60 and a two-hundred day moving average of $8.47. The company has a current ratio of 2.25, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32. The company has a market cap of $1.57 billion, a P/E ratio of 49.01, a P/E/G ratio of 0.91 and a beta of 1.86.

Read Our Latest Research Report on SHLS

NIO (NIO)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

NIO traded up $0.14 during midday trading on Wednesday, hitting $3.33. The company had a trading volume of 27,128,818 shares, compared to its average volume of 36,363,406. NIO has a twelve month low of $3.16 and a twelve month high of $7.54. The company has a market capitalization of $8.26 billion, a PE ratio of -12.31 and a beta of 0.89. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.89 and a current ratio of 1.02. The firm's 50-day simple moving average is $3.60 and its 200-day simple moving average is $4.87.

Read Our Latest Research Report on NIO

XPENG (XPEV)

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.

Shares of XPEV stock traded up $0.28 during trading hours on Wednesday, reaching $9.96. 6,119,667 shares of the company were exchanged, compared to its average volume of 6,894,102. XPENG has a fifty-two week low of $8.94 and a fifty-two week high of $28.24. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.11 and a quick ratio of 0.86. The stock's fifty day moving average is $10.07 and its two-hundred day moving average is $14.41. The company has a market cap of $9.51 billion, a price-to-earnings ratio of -20.72 and a beta of 0.96.

Read Our Latest Research Report on XPEV

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