Promising Lithium Stocks To Follow Now – August 14th

Expion360, Exxon Mobil, QuantumScape, Albemarle, and Rio Tinto are the five Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks are shares of publicly traded companies that explore for, mine, process or recycle lithium, a lightweight metal critical for rechargeable batteries. Because lithium underpins the batteries used in electric vehicles and large-scale energy storage systems, these stocks offer investors exposure to the booming clean-energy and electronics markets. Their performance is often tied to lithium supply-demand balances, battery technology advances and government policies favoring green technologies. These companies had the highest dollar trading volume of any Lithium stocks within the last several days.

Expion360 (XPON)

Expion360 Inc. designs, assembles, manufactures, and sells lithium iron phosphate batteries and supporting accessories under the VPR 4EVER name for recreational vehicles, marine, golf, industrial, residential, and off-the-grid applications. It provides battery monitors; direct current battery chargers; various models of industrial tie-downs; power generators AURA POWERCAP; terminal blocks; and bus bars.

XPON stock traded up $2.13 during trading on Thursday, reaching $3.44. The company’s stock had a trading volume of 335,904,287 shares, compared to its average volume of 2,943,504. The company has a market capitalization of $10.83 million, a P/E ratio of -0.03 and a beta of 0.16. The company’s fifty day moving average is $1.05 and its 200-day moving average is $1.04. The company has a quick ratio of 0.38, a current ratio of 1.50 and a debt-to-equity ratio of 0.06. Expion360 has a 1 year low of $0.60 and a 1 year high of $22.81.

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 Exxon Mobil stock traded down $0.81 during trading on Thursday, reaching $106.79. 5,279,202 shares of the stock traded hands, compared to its average volume of 16,721,637. The company has a market capitalization of $455.26 billion, a price-to-earnings ratio of 15.17, a P/E/G ratio of 1.99 and a beta of 0.53. The business has a fifty day simple moving average of $110.09 and a two-hundred day simple moving average of $108.91. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. 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.

QS traded down $0.54 on Thursday, hitting $8.91. The company had a trading volume of 20,258,880 shares, compared to its average volume of 24,595,826. The company has a market cap of $5.04 billion, a PE ratio of -10.35 and a beta of 4.43. QuantumScape has a 12-month low of $3.40 and a 12-month high of $15.03. The company has a quick ratio of 16.40, a current ratio of 16.40 and a debt-to-equity ratio of 0.03. The business’s fifty day simple moving average is $7.95 and its 200 day simple moving average is $5.59.

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.

NYSE ALB traded down $1.07 during trading on Thursday, hitting $80.60. The stock had a trading volume of 2,105,139 shares, compared to its average volume of 3,557,024. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 2.31. The stock has a market capitalization of $9.48 billion, a price-to-earnings ratio of -8.65 and a beta of 1.63. Albemarle has a one year low of $49.43 and a one year high of $113.91. The stock has a 50 day simple moving average of $68.62 and a 200 day simple moving average of $68.15.

Rio Tinto (RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

NYSE RIO traded down $1.39 during trading on Thursday, hitting $62.19. The stock had a trading volume of 1,348,742 shares, compared to its average volume of 3,361,935. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.53. The stock has a market capitalization of $77.98 billion, a price-to-earnings ratio of 9.64 and a beta of 0.64. Rio Tinto has a one year low of $51.67 and a one year high of $72.08. The stock has a 50 day simple moving average of $59.76 and a 200 day simple moving average of $60.32.