Lithium Stocks To Watch Today – August 17th

Exxon Mobil, SolarEdge Technologies, Albemarle, Rio Tinto, and QuantumScape are the five Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks are shares of companies involved in the exploration, extraction, processing or manufacturing of lithium and lithium-ion battery components. Because lithium is a critical raw material for electric-vehicle batteries and energy storage systems, these stocks are often viewed as growth plays tied to the global shift toward clean energy and electrification. 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.

Shares of NYSE XOM traded down $0.84 during midday trading on Friday, reaching $106.54. 19,264,554 shares of the company traded hands, compared to its average volume of 16,134,398. The firm has a market cap of $454.21 billion, a PE ratio of 15.13, a PEG ratio of 2.00 and a beta of 0.53. The stock’s 50-day simple moving average is $110.25 and its 200-day simple moving average is $108.88. Exxon Mobil has a 12 month low of $97.80 and a 12 month high of $126.34. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25.

SolarEdge Technologies (SEDG)

SolarEdge Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in the United States, Germany, the Netherlands, Italy, rest of Europe, and internationally. It operates in two segments, Solar and Energy Storage.

Shares of NASDAQ SEDG traded up $4.39 during midday trading on Friday, reaching $30.06. 13,686,228 shares of the company traded hands, compared to its average volume of 4,526,925. The firm has a market cap of $1.78 billion, a PE ratio of -1.00 and a beta of 1.56. The stock’s 50-day simple moving average is $24.15 and its 200-day simple moving average is $18.65. SolarEdge Technologies has a 12 month low of $10.24 and a 12 month high of $32.59. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.42 and a current ratio of 1.94.

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 up $0.75 during midday trading on Friday, reaching $82.18. 2,841,093 shares of the company traded hands, compared to its average volume of 5,766,485. The firm has a market cap of $9.67 billion, a PE ratio of -8.82 and a beta of 1.63. The stock’s 50-day simple moving average is $69.53 and its 200-day simple moving average is $67.95. Albemarle has a 12 month low of $49.43 and a 12 month high of $113.91. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.47 and a current ratio of 2.31.

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.

Shares of NYSE RIO traded down $1.31 during midday trading on Friday, reaching $61.21. 2,137,741 shares of the company traded hands, compared to its average volume of 3,422,999. The firm has a market cap of $76.76 billion, a PE ratio of 9.49 and a beta of 0.64. The stock’s 50-day simple moving average is $59.87 and its 200-day simple moving average is $60.34. Rio Tinto has a 12 month low of $51.67 and a 12 month high of $72.08. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.03 and a current ratio of 1.53.

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.

Shares of NYSE QS traded down $0.08 during midday trading on Friday, reaching $9.01. 14,416,005 shares of the company traded hands, compared to its average volume of 56,173,512. The firm has a market cap of $5.10 billion, a PE ratio of -10.48 and a beta of 4.43. The stock’s 50-day simple moving average is $8.15 and its 200-day simple moving average is $5.65. QuantumScape has a 12 month low of $3.40 and a 12 month high of $15.03. The company has a debt-to-equity ratio of 0.03, a quick ratio of 16.40 and a current ratio of 16.40.