Lithium Stocks Worth Watching – June 26th

QuantumScape, Exxon Mobil, and Rio Tinto are the three Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks are shares of publicly traded companies engaged in the exploration, mining, processing or distribution of lithium—a key metal used in lithium-ion batteries. Investors buy these stocks to gain exposure to the growing demand for electric vehicles and energy‐storage technologies. Because lithium prices and industry regulations can be volatile, the performance of lithium stocks often reflects shifts in global supply, demand and technological trends. These companies had the highest dollar trading volume of any Lithium stocks within the last several days.

QuantumScape (QS)

QuantumScape Corporation, a research and development stage company, focuses on the development and commercialization of solid-state lithium-metal batteries for electric vehicles and other applications. The company was founded in 2010 and is headquartered in San Jose, California.

NYSE QS traded up $1.53 on Thursday, reaching $7.20. The stock had a trading volume of 132,440,787 shares, compared to its average volume of 12,999,088. QuantumScape has a 1-year low of $3.40 and a 1-year high of $9.52. The company has a market cap of $4.02 billion, a P/E ratio of -7.90 and a beta of 4.27. The firm has a fifty day moving average of $4.14 and a two-hundred day moving average of $4.60. The company has a debt-to-equity ratio of 0.03, a current ratio of 16.66 and a quick ratio of 16.66.

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 XOM traded up $1.66 during mid-day trading on Thursday, hitting $110.03. 7,124,692 shares of the company’s stock were exchanged, compared to its average volume of 15,694,494. The firm has a market cap of $474.20 billion, a price-to-earnings ratio of 14.58, a price-to-earnings-growth ratio of 2.17 and a beta of 0.49. The company has a quick ratio of 0.90, a current ratio of 1.24 and a debt-to-equity ratio of 0.12. The stock’s 50-day simple moving average is $106.92 and its 200-day simple moving average is $108.54. Exxon Mobil has a 52 week low of $97.80 and a 52 week high of $126.34.

Rio Tinto (RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

RIO stock traded up $2.12 during midday trading on Thursday, reaching $58.83. The company had a trading volume of 2,783,513 shares, compared to its average volume of 2,979,949. The stock has a 50 day moving average price of $59.65 and a 200-day moving average price of $60.26. The company has a market capitalization of $73.77 billion, a price-to-earnings ratio of 9.12 and a beta of 0.68. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.63 and a quick ratio of 1.13. Rio Tinto has a 1-year low of $51.67 and a 1-year high of $72.08.