Promising Mid Cap Stocks To Keep An Eye On - July 17th

Lucid Group, MP Materials, D-Wave Quantum, BigBear.ai, and ProShares UltraPro Short QQQ are the five Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of companies whose total market capitalization typically falls between about $2 billion and $10 billion. They often combine the growth potential of smaller firms with greater stability than small caps, resulting in moderate risk and return profiles. Investors use mid caps to diversify portfolios by balancing growth opportunities against volatility. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

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.

NASDAQ LCID traded up $0.86 on Thursday, hitting $3.15. 848,269,433 shares of the stock traded hands, compared to its average volume of 88,720,805. The business's fifty day moving average is $2.33 and its two-hundred day moving average is $2.52. Lucid Group has a 12 month low of $1.93 and a 12 month high of $4.43. The firm has a market capitalization of $9.59 billion, a price-to-earnings ratio of -2.59 and a beta of 0.78. The company has a debt-to-equity ratio of 0.65, a quick ratio of 2.97 and a current ratio of 3.32.

Read Our Latest Research Report on LCID

MP Materials (MP)

MP Materials Corp., together with its subsidiaries, produces rare earth materials. The company owns and operates the Mountain Pass Rare Earth mine and processing facility in North America. It holds the mineral rights to the Mountain Pass mine and surrounding areas, as well as intellectual property rights related to the processing and development of rare earth minerals.

NYSE MP traded up $1.33 on Thursday, hitting $59.88. 34,682,871 shares of the stock traded hands, compared to its average volume of 5,889,188. The business's fifty day moving average is $29.55 and its two-hundred day moving average is $25.46. MP Materials has a 12 month low of $10.02 and a 12 month high of $62.87. The firm has a market capitalization of $9.79 billion, a price-to-earnings ratio of -92.63 and a beta of 2.26. The company has a debt-to-equity ratio of 0.81, a quick ratio of 3.58 and a current ratio of 4.12.

Read Our Latest Research Report on MP

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

NYSE QBTS traded up $2.36 on Thursday, hitting $19.27. 83,080,664 shares of the stock traded hands, compared to its average volume of 49,119,788. D-Wave Quantum has a 12 month low of $0.75 and a 12 month high of $19.77. The business's fifty day moving average is $15.51 and its two-hundred day moving average is $9.82. The company has a debt-to-equity ratio of 0.15, a quick ratio of 20.61 and a current ratio of 20.73. The firm has a market capitalization of $5.63 billion, a price-to-earnings ratio of -32.28 and a beta of 1.40.

Read Our Latest Research Report on QBTS

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

Shares of BigBear.ai stock traded up $1.02 during trading hours on Thursday, reaching $8.14. The company had a trading volume of 181,863,941 shares, compared to its average volume of 54,795,201. BigBear.ai has a one year low of $1.17 and a one year high of $10.36. The business has a fifty day simple moving average of $4.84 and a 200 day simple moving average of $4.43. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.66 and a quick ratio of 1.66. The firm has a market cap of $2.37 billion, a PE ratio of -10.45 and a beta of 3.46.

Read Our Latest Research Report on BBAI

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of ProShares UltraPro Short QQQ stock traded down $0.45 during trading hours on Thursday, reaching $18.62. The company had a trading volume of 67,394,729 shares, compared to its average volume of 66,039,591. ProShares UltraPro Short QQQ has a one year low of $18.59 and a one year high of $57.95. The business has a fifty day simple moving average of $22.22 and a 200 day simple moving average of $29.38.

Read Our Latest Research Report on SQQQ