Promising Electric Vehicle Stocks To Consider – July 24th

Tesla, QuantumScape, Vale, Rivian Automotive, NIO, Baidu, and Shell are the seven Electric Vehicle stocks to watch today, according to MarketBeat’s stock screener tool. Electric vehicle stocks are equity shares of companies involved in the design, manufacture or support of electric vehicles—ranging from automakers and battery producers to charging‐station operators. By investing in these stocks, investors gain exposure to the growth potential of the global shift toward zero‐emission transportation, which is often driven by evolving technologies, regulatory incentives and changing consumer preferences. These companies had the highest dollar trading volume of any Electric Vehicle 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.

TSLA stock traded down $29.81 during mid-day trading on Thursday, reaching $302.75. The company had a trading volume of 99,745,734 shares, compared to its average volume of 107,780,883. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.54 and a current ratio of 2.00. The company has a market capitalization of $975.14 billion, a price-to-earnings ratio of 166.35, a price-to-earnings-growth ratio of 12.61 and a beta of 2.39. The firm has a fifty day simple moving average of $326.13 and a 200 day simple moving average of $315.92. Tesla has a fifty-two week low of $182.00 and a fifty-two week high of $488.54.

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 down $0.25 during trading on Thursday, reaching $12.58. 46,499,943 shares of the company’s stock were exchanged, compared to its average volume of 22,875,238. The stock has a market cap of $7.03 billion, a P/E ratio of -13.83 and a beta of 4.42. 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 50 day moving average price of $6.35 and a two-hundred day moving average price of $5.18. QuantumScape has a 1 year low of $3.40 and a 1 year high of $15.03.

Vale (VALE)

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services.

NYSE VALE traded down $0.21 during trading on Thursday, reaching $10.20. 29,998,019 shares of the company’s stock were exchanged, compared to its average volume of 37,143,043. The stock has a market cap of $46.28 billion, a P/E ratio of 7.39, a price-to-earnings-growth ratio of 0.34 and a beta of 0.77. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.74 and a current ratio of 1.11. The company has a 50 day moving average price of $9.67 and a two-hundred day moving average price of $9.49. Vale has a 1 year low of $8.06 and a 1 year high of $12.05.

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Rivian Automotive stock traded down $0.56 during midday trading on Thursday, hitting $13.46. 20,506,647 shares of the company’s stock were exchanged, compared to its average volume of 32,056,383. Rivian Automotive has a 12-month low of $9.50 and a 12-month high of $17.15. The company has a debt-to-equity ratio of 0.71, a quick ratio of 2.80 and a current ratio of 3.73. The stock has a market cap of $15.22 billion, a price-to-earnings ratio of -3.62 and a beta of 1.81. The firm’s 50 day simple moving average is $14.07 and its 200 day simple moving average is $13.08.

NIO (NIO)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

NIO traded down $0.14 during trading on Thursday, hitting $4.79. The stock had a trading volume of 45,966,716 shares, compared to its average volume of 50,573,707. The company has a debt-to-equity ratio of 1.89, a quick ratio of 0.69 and a current ratio of 0.84. The firm has a market capitalization of $9.99 billion, a P/E ratio of -2.95 and a beta of 1.55. The company’s 50-day moving average price is $3.76 and its 200 day moving average price is $4.03. NIO has a twelve month low of $3.02 and a twelve month high of $7.71.

Baidu (BIDU)

Baidu, Inc. engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app.

BIDU traded down $2.16 during trading on Thursday, hitting $90.93. The stock had a trading volume of 2,373,678 shares, compared to its average volume of 4,484,623. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.29 and a current ratio of 2.29. The firm has a market capitalization of $31.41 billion, a P/E ratio of 9.02 and a beta of 0.33. The company’s 50-day moving average price is $86.70 and its 200 day moving average price is $87.89. Baidu has a twelve month low of $74.71 and a twelve month high of $116.25.

Shell (SHEL)

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.

SHEL traded down $0.36 during trading on Thursday, hitting $72.40. The stock had a trading volume of 2,751,723 shares, compared to its average volume of 4,805,017. The company’s 50-day moving average price is $69.65 and its 200 day moving average price is $67.63. The firm has a market capitalization of $214.04 billion, a P/E ratio of 16.68, a PEG ratio of 2.06 and a beta of 0.40. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.08 and a current ratio of 1.32. Shell has a twelve month low of $58.54 and a twelve month high of $74.46.