Top Battery Technology Stocks To Follow Now - August 12th

Key Points

• American Battery Technology (ABAT) focuses on exploring and extracting battery metals, recently trading at $2.32 with a significant trading volume of nearly 4.9 million shares.
• Tetra Technologies (TTI) operates within the energy services sector and saw its stock rise to $3.94, with a market cap of approximately $524 million.
• NOVONIX (NVX) provides battery materials and technologies globally, trading at $1.37 with a one-year high of $2.73, reflecting fluctuating interest in battery-related stocks.

American Battery Technology, Tetra Technologies, Bollinger Innovations, Platinum Group Metals, and NOVONIX are the five Battery Technology stocks to watch today, according to MarketBeat's stock screener tool. Battery technology stocks refer to shares of companies involved in the research, development, manufacture or commercialization of battery systems and related materials. These firms supply energy storage solutions for applications ranging from electric vehicles and consumer electronics to grid-scale renewable integration. Investors often track these stocks to gain exposure to the growing demand for cleaner, more efficient power storage. These companies had the highest dollar trading volume of any Battery Technology stocks within the last several days.

American Battery Technology (ABAT)

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.

NASDAQ ABAT traded up $0.07 during trading hours on Tuesday, reaching $2.32. The company's stock had a trading volume of 4,873,531 shares, compared to its average volume of 2,974,761. The business has a 50-day simple moving average of $1.89 and a 200 day simple moving average of $1.44. American Battery Technology has a 52 week low of $0.73 and a 52 week high of $4.11. The stock has a market cap of $212.82 million, a PE ratio of -2.53 and a beta of -2.20.

Read Our Latest Research Report on ABAT

Tetra Technologies (TTI)

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.

NYSE TTI traded up $0.02 during trading hours on Tuesday, reaching $3.94. The company's stock had a trading volume of 1,295,355 shares, compared to its average volume of 1,476,365. The company has a current ratio of 2.47, a quick ratio of 1.61 and a debt-to-equity ratio of 0.62. The business has a 50-day simple moving average of $3.53 and a 200 day simple moving average of $3.37. Tetra Technologies has a 52 week low of $2.03 and a 52 week high of $5.12. The stock has a market cap of $524.46 million, a PE ratio of 4.56 and a beta of 1.33.

Read Our Latest Research Report on TTI

Bollinger Innovations (BINI)

Mullen Automotive, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.

Shares of BINI traded down $0.17 during mid-day trading on Tuesday, reaching $1.33. 3,329,273 shares of the company's stock traded hands, compared to its average volume of 291,607. The business's 50-day moving average price is $366.90 and its 200-day moving average price is $5,373,400.05. Bollinger Innovations has a 12 month low of $1.30 and a 12 month high of $1.45.

Read Our Latest Research Report on BINI

Platinum Group Metals (PLG)

Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa.

Shares of PLG traded down $0.04 during mid-day trading on Tuesday, reaching $1.51. 417,960 shares of the company's stock traded hands, compared to its average volume of 850,925. The business's 50-day moving average price is $1.61 and its 200-day moving average price is $1.38. The stock has a market capitalization of $169.37 million, a P/E ratio of -25.08 and a beta of 1.57. Platinum Group Metals has a 12 month low of $0.99 and a 12 month high of $2.27.

Read Our Latest Research Report on PLG

NOVONIX (NVX)

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.

NASDAQ:NVX traded down $0.02 during midday trading on Tuesday, hitting $1.37. 155,812 shares of the stock were exchanged, compared to its average volume of 151,427. NOVONIX has a one year low of $0.81 and a one year high of $2.73. The business has a 50-day moving average price of $1.21 and a two-hundred day moving average price of $1.22. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.24 and a quick ratio of 1.21.

Read Our Latest Research Report on NVX

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.