Promising Electric Vehicle Stocks To Consider - July 20th

Tesla, QuantumScape, and Lucid Group are the three 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, development, manufacturing, or support of electric vehicles and their components—ranging from automakers focused on battery-powered models to battery producers and charging-infrastructure providers. Investors buy these stocks to gain exposure to the growing shift toward sustainable transportation, though they can be subject to heightened volatility due to technological advances, regulatory changes, and competitive pressures. 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 NASDAQ TSLA traded up $10.24 during mid-day trading on Friday, hitting $329.65. The stock had a trading volume of 93,904,102 shares, compared to its average volume of 98,929,970. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The company has a 50 day moving average of $326.27 and a two-hundred day moving average of $316.70. Tesla has a twelve month low of $182.00 and a twelve month high of $488.54. The firm has a market cap of $1.06 trillion, a PE ratio of 181.13, a PEG ratio of 12.56 and a beta of 2.39.

Read Our Latest Research Report on TSLA

QuantumScape (QS)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

Shares of NYSE QS traded up $1.03 during mid-day trading on Friday, hitting $14.63. The stock had a trading volume of 148,128,926 shares, compared to its average volume of 15,944,704. The company has a debt-to-equity ratio of 0.03, a quick ratio of 16.66 and a current ratio of 16.66. The company has a 50 day moving average of $5.82 and a two-hundred day moving average of $5.03. QuantumScape has a twelve month low of $3.40 and a twelve month high of $15.03. The firm has a market cap of $8.18 billion, a PE ratio of -16.08 and a beta of 4.42.

Read Our Latest Research Report on QS

Lucid Group (LCID)

Lucid Group, Inc. a technology company, designs, engineers, manufactures, and sells electric vehicles (EV), EV powertrains, and battery systems. It also designs and develops proprietary software in-house for Lucid vehicles. The company sells vehicles directly to consumers through its retail sales network and direct online sales, including Lucid Financial Services.

Shares of NASDAQ LCID traded down $0.08 during mid-day trading on Friday, hitting $3.04. The stock had a trading volume of 293,345,294 shares, compared to its average volume of 90,429,532. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 3.32. The company has a 50 day moving average of $2.36 and a two-hundred day moving average of $2.52. Lucid Group has a twelve month low of $1.93 and a twelve month high of $4.43. The firm has a market cap of $9.27 billion, a PE ratio of -2.51 and a beta of 0.78.

Read Our Latest Research Report on LCID

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