Promising Electric Vehicle Stocks To Follow Now - November 15th

Key Points

• Five high-trading-volume EV stocks highlighted were Tesla, Rivian, NIO, BorgWarner, and XPENG, spanning vehicle makers and an automotive technology supplier.
• All five shares fell in Friday trading: Tesla closed at $390.22, Rivian at $12.18, NIO at $2.90, BorgWarner at $50.86, and XPENG at $9.37.
• NIO and XPENG were near their 52-week lows of $2.89 and $8.94, respectively; Rivian and BorgWarner also traded below their 50-day and 200-day moving averages.

Tesla, Rivian Automotive, NIO, BorgWarner, and XPENG are the five Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are shares of companies that make electric vehicles or supply related products and services, such as batteries, charging equipment, and components. For investors, they offer exposure to the growth of the EV industry, but their performance can also depend on factors such as competition, technology, regulation, and consumer demand. 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.

TSLA traded down $7.23 during trading on Friday, hitting $390.22. 32,239,788 shares of the company's stock were exchanged, compared to its average volume of 40,913,836. The company has a quick ratio of 1.39, a current ratio of 1.74 and a debt-to-equity ratio of 0.09. The business's 50 day moving average is $374.75 and its two-hundred day moving average is $383.05. Tesla has a fifty-two week low of $297.38 and a fifty-two week high of $498.83. The stock has a market cap of $1.54 trillion, a P/E ratio of 428.82, a PEG ratio of 24.62 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 Rivian Automotive stock traded down $0.62 during trading hours on Friday, reaching $12.18. The company's stock had a trading volume of 28,566,332 shares, compared to its average volume of 31,321,216. The company has a market capitalization of $17.78 billion, a P/E ratio of -5.41 and a beta of 1.64. The stock's fifty day simple moving average is $13.95 and its two-hundred day simple moving average is $15.33. Rivian Automotive has a one year low of $11.38 and a one year high of $22.69. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.70 and a current ratio of 2.18.

Read Our Latest Research Report on RIVN

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.

Shares of NYSE:NIO traded down $0.14 during midday trading on Friday, hitting $2.90. 61,297,316 shares of the company's stock were exchanged, compared to its average volume of 32,084,420. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.02 and a quick ratio of 0.89. The stock has a 50 day moving average price of $3.44 and a 200-day moving average price of $4.82. The company has a market cap of $7.21 billion, a PE ratio of -10.76 and a beta of 0.89. NIO has a 12 month low of $2.89 and a 12 month high of $7.00.

Read Our Latest Research Report on NIO

BorgWarner (BWA)

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.

NYSE BWA traded down $0.13 during trading hours on Friday, hitting $50.86. The company's stock had a trading volume of 1,496,125 shares, compared to its average volume of 3,092,581. BorgWarner has a 52 week low of $40.73 and a 52 week high of $78.82. The company has a market capitalization of $10.21 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 0.72 and a beta of 1.20. The company has a current ratio of 1.41, a quick ratio of 1.12 and a debt-to-equity ratio of 0.32. The company's 50-day simple moving average is $58.43 and its two-hundred day simple moving average is $60.67.

Read Our Latest Research Report on BWA

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.

XPEV stock traded down $0.10 during mid-day trading on Friday, reaching $9.37. 6,694,367 shares of the company traded hands, compared to its average volume of 7,309,140. The company has a quick ratio of 0.86, a current ratio of 1.11 and a debt-to-equity ratio of 0.50. The firm's 50 day moving average price is $9.83 and its 200 day moving average price is $14.01. The stock has a market cap of $8.94 billion, a price-to-earnings ratio of -19.51 and a beta of 0.96. XPENG has a fifty-two week low of $8.94 and a fifty-two week high of $26.03.

Read Our Latest Research Report on XPEV

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