Promising Hydrogen Stocks To Watch Now - July 24th

Bloom Energy, Exxon Mobil, and NuScale Power are the three Hydrogen stocks to watch today, according to MarketBeat's stock screener tool. Hydrogen stocks are shares of companies involved in producing, distributing, and utilizing hydrogen as a clean energy carrier. These firms may specialize in green hydrogen production via electrolysis, fuel cell manufacturing, storage technologies, or the infrastructure needed to transport and dispense hydrogen. Investors buy hydrogen stocks to gain exposure to the sector’s potential growth in powering a low-carbon economy. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

Shares of NYSE:BE traded up $6.53 on Thursday, reaching $33.42. The company's stock had a trading volume of 27,676,782 shares, compared to its average volume of 6,604,497. The company has a 50-day simple moving average of $22.23 and a 200 day simple moving average of $21.91. The company has a debt-to-equity ratio of 2.07, a quick ratio of 2.39 and a current ratio of 3.44. The company has a market cap of $7.76 billion, a P/E ratio of -668.27 and a beta of 3.22. Bloom Energy has a 52-week low of $9.02 and a 52-week high of $33.67.

Read Our Latest Research Report on BE

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.

XOM traded up $0.44 on Thursday, hitting $110.37. The company had a trading volume of 5,469,766 shares, compared to its average volume of 16,842,232. The business's fifty day simple moving average is $108.65 and its 200 day simple moving average is $108.98. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. Exxon Mobil has a 12-month low of $97.80 and a 12-month high of $126.34. The company has a market cap of $475.65 billion, a PE ratio of 14.64, a PEG ratio of 2.02 and a beta of 0.50.

Read Our Latest Research Report on XOM

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 $1.78 on Thursday, reaching $49.63. The company had a trading volume of 10,827,987 shares, compared to its average volume of 11,360,181. The firm's 50-day moving average price is $36.33 and its two-hundred day moving average price is $24.83. NuScale Power has a 1 year low of $6.88 and a 1 year high of $53.39. The firm has a market cap of $14.11 billion, a price-to-earnings ratio of -36.23 and a beta of 2.04.

Read Our Latest Research Report on SMR

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