Promising Mid Cap Stocks To Consider – July 18th

QuantumScape, Direxion Daily TSLA Bull 2X Shares, and AltC Acquisition are the three Mid Cap stocks to watch today, according to MarketBeat’s stock screener tool. Mid-cap stocks are shares of publicly traded companies whose total market capitalization typically falls between about $2 billion and $10 billion. They occupy the middle ground between smaller, higher-risk small-cap firms and the more stable large-cap giants, often offering a balance of growth potential and relative stability. These companies had the highest dollar trading volume of any Mid Cap 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.

Shares of NYSE:QS traded up $1.32 on Friday, reaching $14.92. The company’s stock had a trading volume of 126,826,532 shares, compared to its average volume of 15,898,600. The company has a 50-day simple moving average of $5.61 and a 200 day simple moving average of $4.96. The company has a debt-to-equity ratio of 0.03, a quick ratio of 16.66 and a current ratio of 16.66. The company has a market cap of $8.34 billion, a P/E ratio of -16.39 and a beta of 4.42. QuantumScape has a 52-week low of $3.40 and a 52-week high of $14.99.

Direxion Daily TSLA Bull 2X Shares (TSLL)

NASDAQ TSLL traded up $0.73 during trading hours on Friday, hitting $12.40. 124,189,642 shares of the company were exchanged, compared to its average volume of 118,741,714. Direxion Daily TSLA Bull 2X Shares has a 52 week low of $6.29 and a 52 week high of $41.50. The stock has a 50-day moving average price of $12.86 and a 200 day moving average price of $14.85. The stock has a market cap of $7.14 billion, a PE ratio of 88.55 and a beta of -5.14.

AltC Acquisition (ALCC)

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp.

Shares of NYSE:ALCC traded up $2.80 during trading on Friday, hitting $67.17. The company had a trading volume of 20,810,379 shares, compared to its average volume of 723,393. The company has a fifty day simple moving average of $51.36 and a two-hundred day simple moving average of $37.47. AltC Acquisition has a one year low of $10.27 and a one year high of $18.80.