Lithium Stocks To Follow Now - August 11th

Key Points

• Albemarle, Exxon Mobil, and Sociedad Quimica y Minera are prominent lithium stocks to monitor, as they have experienced significant trading volume recently, reflecting investor interest in the growing clean-energy market.
• Albemarle's stock price has risen to $81.41 with a market capitalization of $9.58 billion, highlighting its strong position in the lithium sector.
• Sociedad Quimica y Minera's shares increased to $45.64, indicating robust trading activity, and the company holds a market cap of $13.04 billion, positioning it as a key player in lithium-related mining operations.

Albemarle, Exxon Mobil, and Sociedad Quimica y Minera are the three Lithium stocks to watch today, according to MarketBeat's stock screener tool. Lithium stocks are shares of publicly traded companies involved in the exploration, mining, refining or supply of lithium and lithium-based compounds. Because lithium is a key component in rechargeable batteries for electric vehicles, portable electronics and grid storage, investors often view these stocks as a way to gain exposure to the growing clean‐energy and electric‐mobility markets. These companies had the highest dollar trading volume of any Lithium stocks within the last several days.

Albemarle (ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.

ALB traded up $5.93 during trading hours on Monday, reaching $81.41. 8,065,361 shares of the company's stock traded hands, compared to its average volume of 3,521,433. Albemarle has a 52-week low of $49.43 and a 52-week high of $113.91. The firm has a market capitalization of $9.58 billion, a PE ratio of -8.71 and a beta of 1.63. The firm has a 50-day moving average price of $67.25 and a 200 day moving average price of $68.05. The company has a quick ratio of 1.47, a current ratio of 2.31 and a debt-to-equity ratio of 0.38.

Read Our Latest Research Report on ALB

Exxon Mobil (XOM)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.

Shares of NYSE XOM traded down $1.21 during mid-day trading on Monday, reaching $105.59. 5,709,177 shares of the company were exchanged, compared to its average volume of 16,753,975. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. The stock has a market cap of $450.16 billion, a price-to-earnings ratio of 15.00, a P/E/G ratio of 2.01 and a beta of 0.53. Exxon Mobil has a 1 year low of $97.80 and a 1 year high of $126.34. The firm has a 50-day moving average of $109.89 and a 200 day moving average of $108.96.

Read Our Latest Research Report on XOM

Sociedad Quimica y Minera (SQM)

Sociedad Química y Minera de Chile S.A. operates as a mining company worldwide. The company offers specialty plant nutrients, including sodium potassium nitrate, specialty blends, and other specialty fertilizers under Ultrasol, Qrop, Speedfol, Allganic, Ultrasoline, ProP, and Prohydric brands. It also provides iodine and its derivatives for use in medical, agricultural, industrial, and human and animal nutrition products comprising x-ray contrast media, biocides, antiseptics and disinfectants, pharmaceutical intermediates, polarizing films for LCD and LED screens, chemicals, organic compounds, and pigments, as well as added to edible salt to prevent iodine deficiency disorders.

Sociedad Quimica y Minera stock traded up $3.42 during midday trading on Monday, reaching $45.64. The company's stock had a trading volume of 3,111,080 shares, compared to its average volume of 1,251,987. The stock's 50-day simple moving average is $36.00 and its 200-day simple moving average is $37.01. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.88 and a quick ratio of 1.96. Sociedad Quimica y Minera has a 52-week low of $29.36 and a 52-week high of $47.39. The stock has a market capitalization of $13.04 billion, a P/E ratio of 21.61 and a beta of 1.03.

Read Our Latest Research Report on SQM

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