Promising Battery Technology Stocks To Follow Now – August 8th

Bollinger Innovations, American Battery Technology, Tetra Technologies, Platinum Group Metals, and NOVONIX are the five Battery Technology stocks to watch today, according to MarketBeat’s stock screener tool. Battery technology stocks are publicly traded shares in companies that research, develop and manufacture advanced battery chemistries and energy storage solutions—ranging from lithium-ion cells to emerging solid-state designs. Their performance is driven by trends in electric vehicles, renewable-energy integration and the supply and cost dynamics of critical materials such as lithium, cobalt and nickel. These companies had the highest dollar trading volume of any Battery Technology stocks within the last several days.

Bollinger Innovations (BINI)

Mullen Automotive, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.

NASDAQ BINI traded down $0.37 during mid-day trading on Friday, reaching $1.77. The stock had a trading volume of 12,182,355 shares, compared to its average volume of 240,898. The company has a fifty day moving average price of $434.74 and a 200 day moving average price of $7,045,077.27. Bollinger Innovations has a 1 year low of $1.71 and a 1 year high of $2.20.

American Battery Technology (ABAT)

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.

Shares of American Battery Technology stock traded up $0.07 during trading on Friday, hitting $2.15. 2,879,689 shares of the company’s stock traded hands, compared to its average volume of 2,940,876. American Battery Technology has a 1 year low of $0.73 and a 1 year high of $4.11. The business has a 50-day simple moving average of $1.85 and a 200-day simple moving average of $1.44. The stock has a market capitalization of $197.10 million, a P/E ratio of -2.34 and a beta of -2.20.

Tetra Technologies (TTI)

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.

Shares of NYSE TTI traded down $0.03 during trading on Friday, reaching $3.87. 1,063,328 shares of the company traded hands, compared to its average volume of 1,473,519. The firm has a 50 day simple moving average of $3.49 and a 200-day simple moving average of $3.40. Tetra Technologies has a 52-week low of $2.03 and a 52-week high of $5.12. The stock has a market capitalization of $515.13 million, a PE ratio of 4.49 and a beta of 1.33. The company has a quick ratio of 1.61, a current ratio of 2.47 and a debt-to-equity ratio of 0.62.

Platinum Group Metals (PLG)

Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa.

PLG stock traded down $0.06 on Friday, hitting $1.53. The company had a trading volume of 441,014 shares, compared to its average volume of 857,362. Platinum Group Metals has a 12-month low of $0.99 and a 12-month high of $2.27. The stock has a market cap of $169.83 million, a price-to-earnings ratio of -25.42 and a beta of 1.57. The stock’s 50-day simple moving average is $1.60 and its 200 day simple moving average is $1.38.

NOVONIX (NVX)

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.

Shares of NVX stock traded down $0.06 on Friday, reaching $1.20. The stock had a trading volume of 162,757 shares, compared to its average volume of 149,904. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.21 and a current ratio of 1.24. NOVONIX has a 1 year low of $0.81 and a 1 year high of $2.73. The company has a 50 day simple moving average of $1.21 and a 200 day simple moving average of $1.23.