Promising Hydrogen Stocks To Consider - June 29th

Exxon Mobil, Linde, and NuScale Power are the three Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of publicly traded companies involved in the production, storage, distribution or utilization of hydrogen as a clean energy carrier. These firms may produce hydrogen via methods like electrolysis or steam-methane reforming, develop fuel‐cell technologies for transportation and industry, or build the necessary refueling and storage infrastructure. Investors in hydrogen stocks seek exposure to the emerging hydrogen economy and its potential role in decarbonizing energy systems. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

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 $0.59 during midday trading on Friday, hitting $109.40. The company's stock had a trading volume of 21,995,457 shares, compared to its average volume of 15,722,717. The stock has a fifty day moving average price of $107.04 and a 200 day moving average price of $108.48. The company has a current ratio of 1.24, a quick ratio of 0.90 and a debt-to-equity ratio of 0.12. Exxon Mobil has a one year low of $97.80 and a one year high of $126.34. The firm has a market capitalization of $471.49 billion, a price-to-earnings ratio of 14.51, a P/E/G ratio of 2.12 and a beta of 0.49.

Read Our Latest Research Report on XOM

Linde (LIN)

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

Linde stock traded down $0.67 during midday trading on Friday, reaching $463.79. 2,634,344 shares of the stock were exchanged, compared to its average volume of 1,972,547. The firm has a market cap of $218.32 billion, a PE ratio of 33.68, a PEG ratio of 3.27 and a beta of 0.97. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.80 and a current ratio of 0.94. The company's fifty day moving average is $458.94 and its 200-day moving average is $449.70. Linde has a 52 week low of $408.65 and a 52 week high of $487.49.

Read Our Latest Research Report on LIN

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

Shares of NuScale Power stock traded up $0.02 on Friday, hitting $38.26. 19,137,772 shares of the company traded hands, compared to its average volume of 9,835,392. The company has a market cap of $10.88 billion, a P/E ratio of -27.93 and a beta of 2.00. NuScale Power has a 12-month low of $6.88 and a 12-month high of $45.31. The firm's 50-day simple moving average is $27.94 and its 200 day simple moving average is $22.29.

Read Our Latest Research Report on SMR

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