Promising Automotive Stocks To Follow Now – April 30th

Tesla, NVIDIA, and Micron Technology are the three Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Error: Response status code does not indicate success: 429 (Too Many Requests). These companies had the highest dollar trading volume of any Automotive 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.

Shares of TSLA stock traded down $14.26 during trading on Wednesday, reaching $277.77. 60,110,484 shares of the company’s stock were exchanged, compared to its average volume of 95,522,762. Tesla has a twelve month low of $167.41 and a twelve month high of $488.54. The firm’s fifty day moving average price is $261.24 and its 200-day moving average price is $323.87. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $894.69 billion, a PE ratio of 136.16, a PEG ratio of 5.86 and a beta of 2.58.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Shares of NASDAQ NVDA traded down $2.55 during mid-day trading on Wednesday, reaching $106.47. 87,234,246 shares of the company were exchanged, compared to its average volume of 302,550,833. The stock has a market capitalization of $2.60 trillion, a P/E ratio of 41.90, a P/E/G ratio of 1.76 and a beta of 1.96. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. NVIDIA has a twelve month low of $81.25 and a twelve month high of $195.95. The company’s 50-day simple moving average is $111.97 and its 200-day simple moving average is $128.63.

Micron Technology (MU)

Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

Shares of Micron Technology stock traded down $1.41 on Wednesday, hitting $75.48. The stock had a trading volume of 10,221,117 shares, compared to its average volume of 23,216,940. The company has a quick ratio of 1.75, a current ratio of 2.72 and a debt-to-equity ratio of 0.28. The business’s 50 day moving average is $84.67 and its two-hundred day moving average is $94.50. Micron Technology has a twelve month low of $61.54 and a twelve month high of $157.54. The stock has a market cap of $84.35 billion, a price-to-earnings ratio of 21.75 and a beta of 1.18.