Top Hydrogen Stocks To Watch Today – August 7th

Exxon Mobil, CF Industries, and NuScale Power are the three Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares of publicly traded companies involved in the production, storage, distribution or utilization of hydrogen and hydrogen-based technologies—ranging from electrolysers and fuel cells to transport and refuelling infrastructure. Investors in these equities seek exposure to the emerging hydrogen economy and its potential role in decarbonizing industries, power generation and transportation. Performance in this sector hinges on technology scale-up, government incentives and the pace of market adoption for hydrogen as a mainstream energy carrier. These companies had the highest dollar trading volume of any Hydrogen 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.

Shares of XOM stock traded up $0.13 during trading hours on Thursday, hitting $106.64. 7,471,239 shares of the company were exchanged, compared to its average volume of 16,803,068. The firm has a market cap of $454.65 billion, a PE ratio of 15.16, a PEG ratio of 2.02 and a beta of 0.53. Exxon Mobil has a 1 year low of $97.80 and a 1 year high of $126.34. The company has a quick ratio of 0.88, a current ratio of 1.25 and a debt-to-equity ratio of 0.12. The firm has a fifty day moving average of $109.73 and a 200 day moving average of $109.05.

CF Industries (CF)

CF Industries Holdings, Inc., together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

NYSE CF traded down $6.34 during mid-day trading on Thursday, hitting $83.57. The company’s stock had a trading volume of 5,224,062 shares, compared to its average volume of 2,729,958. CF Industries has a 52-week low of $67.34 and a 52-week high of $104.45. The stock’s fifty day simple moving average is $94.22 and its two-hundred day simple moving average is $85.65. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.59 and a quick ratio of 2.22. The firm has a market capitalization of $14.17 billion, a P/E ratio of 11.02 and a beta of 0.94.

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

NYSE:SMR traded down $1.89 during trading hours on Thursday, hitting $44.04. The stock had a trading volume of 7,797,190 shares, compared to its average volume of 11,508,234. NuScale Power has a 1-year low of $6.88 and a 1-year high of $53.50. The company has a market cap of $12.52 billion, a PE ratio of -31.90 and a beta of 2.06. The business has a 50 day simple moving average of $40.43 and a two-hundred day simple moving average of $26.74.