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Promising Electric Vehicle Stocks To Research - June 8th

Tesla logo with Auto/Tires/Trucks background

Tesla, Samsara, Rivian Automotive, Enphase Energy, and Lucid Group are the five Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are publicly traded shares of companies involved in the design, manufacture or support of electric vehicles and their components, including automakers, battery producers and charging-infrastructure providers. Investors in these equities seek exposure to the rapid growth and innovation in the EV sector, driven by factors such as government incentives, tightening emissions standards and rising consumer demand for sustainable transportation. Their performance can be influenced by technological breakthroughs, supply-chain dynamics and competitive pressures within the broader automotive market. 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.

Tesla stock traded up $10.44 during mid-day trading on Friday, reaching $295.14. 163,425,518 shares of the company traded hands, compared to its average volume of 99,864,507. The firm's 50 day moving average price is $292.17 and its 200 day moving average price is $333.56. The firm has a market capitalization of $950.63 billion, a price-to-earnings ratio of 144.68, a P/E/G ratio of 5.86 and a beta of 2.47. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.02 and a quick ratio of 1.61. Tesla has a 52-week low of $167.41 and a 52-week high of $488.54.

Read Our Latest Research Report on TSLA

Samsara (IOT)

Samsara Inc. provides solutions that connects physical operations data to its connected operations cloud in the United States and internationally. The company's Connected Operations Cloud includes Data Platform, which ingests, aggregates, and enriches data from its IoT devices and has embedded capabilities for AI, workflows and analytics, alerts, API connections, and data security and privacy.

IOT stock traded down $2.04 during trading on Friday, hitting $45.21. 14,848,818 shares of the stock traded hands, compared to its average volume of 3,720,286. Samsara has a 1 year low of $27.14 and a 1 year high of $61.90. The firm's 50 day moving average is $41.58 and its two-hundred day moving average is $45.37. The stock has a market cap of $25.74 billion, a price-to-earnings ratio of -96.19 and a beta of 1.74.

Read Our Latest Research Report on IOT

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 NASDAQ:RIVN traded up $0.22 during trading on Friday, hitting $14.00. The company's stock had a trading volume of 24,402,167 shares, compared to its average volume of 36,282,065. The company has a 50-day moving average of $13.41 and a 200-day moving average of $13.01. Rivian Automotive has a 12 month low of $9.50 and a 12 month high of $18.86. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.09 and a quick ratio of 3.70. The firm has a market cap of $15.83 billion, a price-to-earnings ratio of -2.97 and a beta of 1.86.

Read Our Latest Research Report on RIVN

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.

NASDAQ ENPH traded down $0.12 on Friday, reaching $41.18. 6,989,634 shares of the stock were exchanged, compared to its average volume of 4,492,603. The company has a current ratio of 3.53, a quick ratio of 3.28 and a debt-to-equity ratio of 1.44. Enphase Energy has a one year low of $37.59 and a one year high of $141.63. The company's 50-day simple moving average is $47.71 and its two-hundred day simple moving average is $59.65. The firm has a market capitalization of $5.40 billion, a PE ratio of 55.65 and a beta of 1.69.

Read Our Latest Research Report on ENPH

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 LCID stock traded up $0.02 on Friday, reaching $2.15. The company's stock had a trading volume of 129,825,360 shares, compared to its average volume of 75,958,546. The company has a market capitalization of $6.56 billion, a price-to-earnings ratio of -1.60 and a beta of 0.81. The stock's fifty day simple moving average is $2.46 and its 200-day simple moving average is $2.59. Lucid Group has a 1 year low of $1.93 and a 1 year high of $4.43. The company has a current ratio of 3.71, a quick ratio of 3.26 and a debt-to-equity ratio of 0.77.

Read Our Latest Research Report on LCID

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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