Promising Electric Vehicle Stocks To Follow Today - July 26th

Key Points

• Tesla, Rivian Automotive, QuantumScape, Vale, Textron, Enphase Energy, and NIO are identified as key electric vehicle stocks to watch, reflecting high trading volumes recently in the sector.
• Tesla's stock reached $316.06 with significant trading activity, showing a year-low of $182.00 and a year-high of $488.54.
• NIO has a market cap of $10.28 billion and a price-to-earnings ratio of -3.04, indicating the company's current trading challenges in the market.

Tesla, Rivian Automotive, QuantumScape, Vale, Textron, Enphase Energy, and NIO are the seven 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, and sale of electric vehicles and related technologies such as batteries and charging infrastructure. Investors buy these stocks to participate in the growth potential of the EV market as it expands in response to technological advances and environmental regulations. 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.

NASDAQ:TSLA traded up $10.76 during mid-day trading on Friday, reaching $316.06. The company's stock had a trading volume of 147,437,834 shares, compared to its average volume of 90,285,424. Tesla has a 1 year low of $182.00 and a 1 year high of $488.54. The stock has a fifty day moving average of $324.70 and a 200-day moving average of $314.65. The firm has a market capitalization of $1.02 trillion, a PE ratio of 182.69, a price-to-earnings-growth ratio of 11.59 and a beta of 2.39. The company has a quick ratio of 1.54, a current ratio of 2.04 and a debt-to-equity ratio of 0.07.

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 RIVN stock traded up $0.19 during mid-day trading on Friday, hitting $14.01. 51,061,426 shares of the stock traded hands, compared to its average volume of 30,906,356. Rivian Automotive has a 52-week low of $9.50 and a 52-week high of $17.15. The company has a debt-to-equity ratio of 0.71, a current ratio of 3.73 and a quick ratio of 2.80. The stock has a market cap of $15.84 billion, a P/E ratio of -3.77 and a beta of 1.81. The stock's fifty day moving average is $14.01 and its two-hundred day moving average is $13.06.

Read Our Latest Research Report on RIVN

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.

NYSE:QS traded down $0.70 during midday trading on Friday, hitting $11.94. The company's stock had a trading volume of 57,572,051 shares, compared to its average volume of 67,467,776. QuantumScape has a fifty-two week low of $3.40 and a fifty-two week high of $15.03. The firm's 50 day moving average is $6.66 and its 200-day moving average is $5.26. The company has a debt-to-equity ratio of 0.03, a current ratio of 16.66 and a quick ratio of 16.66. The firm has a market cap of $6.67 billion, a P/E ratio of -13.88 and a beta of 4.42.

Read Our Latest Research Report on QS

Vale (VALE)

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services.

Shares of NYSE:VALE traded down $0.24 during midday trading on Friday, reaching $10.00. 50,660,846 shares of the company's stock traded hands, compared to its average volume of 50,829,072. The company has a fifty day simple moving average of $9.68 and a two-hundred day simple moving average of $9.51. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.74 and a current ratio of 1.11. The company has a market cap of $45.37 billion, a P/E ratio of 7.24, a PEG ratio of 0.34 and a beta of 0.77. Vale has a 1 year low of $8.06 and a 1 year high of $12.05.

Read Our Latest Research Report on VALE

Textron (TXT)

Textron Inc. operates in the aircraft, defense, industrial, and finance businesses worldwide. It operates through six segments: Textron Aviation, Bell, Textron Systems, Industrial, Textron eAviation, and Finance. The Textron Aviation segment manufactures, sells, and services business jets, turboprop and piston engine aircraft, and military trainer and defense aircraft; and offers maintenance, inspection, and repair services, as well as sells commercial parts.

Shares of NYSE TXT traded down $1.48 during trading on Friday, hitting $79.45. 4,296,444 shares of the company were exchanged, compared to its average volume of 1,556,525. Textron has a 12-month low of $57.70 and a 12-month high of $93.98. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.83 and a current ratio of 1.68. The company has a fifty day moving average price of $78.99 and a 200-day moving average price of $74.71. The firm has a market capitalization of $14.34 billion, a PE ratio of 17.97, a P/E/G ratio of 1.32 and a beta of 1.17.

Read Our Latest Research Report on TXT

Enphase Energy (ENPH)

Enphase Energy, Inc., together with its subsidiaries, designs, develops, manufactures, and sells home energy solutions for the solar photovoltaic industry in the United States and internationally. The company offers semiconductor-based microinverter, which converts energy at the individual solar module level and combines with its proprietary networking and software technologies to provide energy monitoring and control.

ENPH traded down $0.10 on Friday, hitting $35.41. The company had a trading volume of 9,309,058 shares, compared to its average volume of 9,247,196. The firm has a market cap of $4.63 billion, a P/E ratio of 27.66 and a beta of 1.67. Enphase Energy has a 1 year low of $33.01 and a 1 year high of $130.08. The company's fifty day moving average price is $40.95 and its 200 day moving average price is $52.20. The company has a current ratio of 1.97, a quick ratio of 1.77 and a debt-to-equity ratio of 0.65.

Read Our Latest Research Report on ENPH

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 NIO stock traded up $0.10 on Friday, reaching $4.93. 60,549,638 shares of the company were exchanged, compared to its average volume of 65,373,876. NIO has a 1-year low of $3.02 and a 1-year high of $7.71. The company has a market cap of $10.28 billion, a P/E ratio of -3.04 and a beta of 1.55. The company has a debt-to-equity ratio of 1.89, a current ratio of 0.84 and a quick ratio of 0.69. The stock's 50 day moving average price is $3.80 and its 200-day moving average price is $4.03.

Read Our Latest Research Report on NIO

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