Lithium Stocks To Consider – July 29th

Exxon Mobil, QuantumScape, and Albemarle are the three Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks are shares of publicly traded companies involved in the exploration, mining, processing or refining of lithium, a critical metal used in rechargeable batteries. Investors buy these stocks to gain exposure to the growing demand for electric vehicles and energy storage systems, which rely heavily on lithium-based battery technology. Performance of lithium stocks often tracks changes in lithium prices and advances in battery innovations. These companies had the highest dollar trading volume of any Lithium stocks within the last several days.

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.

Exxon Mobil stock traded up $0.50 during midday trading on Tuesday, hitting $111.94. 6,837,309 shares of the stock were exchanged, compared to its average volume of 16,771,145. The stock has a market capitalization of $482.43 billion, a price-to-earnings ratio of 14.85, a price-to-earnings-growth ratio of 2.08 and a beta of 0.50. 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 business’s 50-day moving average price is $108.85 and its 200-day moving average price is $109.08. Exxon Mobil has a 52-week low of $97.80 and a 52-week high of $126.34.

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.

QuantumScape stock traded down $1.51 during midday trading on Tuesday, reaching $9.47. 53,575,048 shares of the stock were exchanged, compared to its average volume of 23,715,535. The company has a debt-to-equity ratio of 0.03, a quick ratio of 16.66 and a current ratio of 16.66. QuantumScape has a 52 week low of $3.40 and a 52 week high of $15.03. The firm has a market cap of $5.29 billion, a PE ratio of -11.02 and a beta of 4.42. The company’s fifty day moving average is $6.80 and its 200-day moving average is $5.29.

Albemarle (ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.

Shares of NYSE ALB traded down $3.30 during mid-day trading on Tuesday, hitting $71.47. The stock had a trading volume of 3,300,218 shares, compared to its average volume of 3,394,341. The firm has a market cap of $8.41 billion, a P/E ratio of -6.43 and a beta of 1.63. The business has a 50 day moving average price of $65.12 and a two-hundred day moving average price of $69.56. Albemarle has a 1 year low of $49.43 and a 1 year high of $113.91. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.26 and a current ratio of 2.11.