Hydrogen Stocks To Watch Today - November 10th

Key Points

• CF Industries, NuScale Power, and Plug Power were identified as hydrogen stocks to watch based on recent dollar trading volume; hydrogen-related stocks can be volatile, influenced by demand, policy, technology costs, and company finances.
• CF Industries shares rose $3.27 to $122.55 on Tuesday. The company makes hydrogen and nitrogen products and had a market capitalization of $18.55 billion.
• NuScale Power fell $0.31 to $5.13, while Plug Power declined $0.14 to $1.36. Both stocks were well below their 52-week highs, with Plug Power focused on hydrogen and fuel-cell products and NuScale developing nuclear power plants that can support hydrogen production.

CF Industries, NuScale Power, and Plug Power are the three Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of publicly traded companies involved in producing, storing, transporting, or using hydrogen, including fuel-cell and electrolyzer makers. Their performance can depend on hydrogen demand, government policies, technology costs, and each company’s financial health, so they may be volatile. 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.

Shares of CF Industries stock traded up $3.27 on Tuesday, reaching $122.55. 1,012,239 shares of the company were exchanged, compared to its average volume of 3,170,402. CF Industries has a one year low of $75.42 and a one year high of $141.96. The company has a market capitalization of $18.55 billion, a price-to-earnings ratio of 8.65, a PEG ratio of 0.22 and a beta of 0.54. The company has a current ratio of 4.86, a quick ratio of 4.32 and a debt-to-equity ratio of 0.36. The company has a 50-day moving average of $122.32 and a 200 day moving average of $116.88.

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.

SMR stock traded down $0.31 during trading hours on Tuesday, reaching $5.13. The stock had a trading volume of 14,891,053 shares, compared to its average volume of 31,464,322. The stock has a 50-day simple moving average of $7.37 and a 200 day simple moving average of $10.49. NuScale Power has a fifty-two week low of $4.28 and a fifty-two week high of $28.13. The stock has a market capitalization of $2.20 billion, a PE ratio of -4.33 and a beta of 2.42.

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.

NASDAQ PLUG traded down $0.14 during trading on Tuesday, reaching $1.36. 43,357,377 shares of the company's stock were exchanged, compared to its average volume of 70,947,734. The company has a debt-to-equity ratio of 1.29, a current ratio of 2.32 and a quick ratio of 1.32. The business has a 50 day moving average price of $1.76 and a 200-day moving average price of $2.36. The stock has a market capitalization of $1.91 billion, a P/E ratio of -1.08 and a beta of 2.13. Plug Power has a fifty-two week low of $1.30 and a fifty-two week high of $4.33.

Read Our Latest Research Report on PLUG

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