Lithium Stocks To Follow Now – February 12th

Exxon Mobil, Arcadium Lithium, and Albemarle are the three Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks refer to investments in companies involved in the exploration, mining, production, and development of lithium resources. As lithium is a key component in batteries used in electric vehicles and renewable energy storage systems, investing in lithium stocks can provide exposure to the growing demand for these technologies. Investors may consider lithium stocks for potential growth opportunities in the clean energy sector. 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.

XOM stock traded down $2.44 during mid-day trading on Wednesday, reaching $108.25. The company had a trading volume of 6,069,495 shares, compared to its average volume of 14,444,368. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.31 and a quick ratio of 0.97. Exxon Mobil has a 52 week low of $100.42 and a 52 week high of $126.34. The stock has a 50 day simple moving average of $109.16 and a two-hundred day simple moving average of $114.88. The company has a market capitalization of $475.75 billion, a price-to-earnings ratio of 13.80, a PEG ratio of 2.94 and a beta of 0.89.

Arcadium Lithium (ALTM)

Arcadium Lithium plc engages in the production of lithium chemicals products in the Asia Pacific, North America, Europe, the Middle East, Africa, and Latin America. It offers battery-grade lithium hydroxide, lithium carbonate, butyllithium and high purity lithium metal for electric vehicles, electronics, agricultural, industrial, greases, polymers, pharmaceutical, battery, and aerospace applications.

Shares of NYSE ALTM traded up $0.08 during midday trading on Wednesday, hitting $5.81. 27,108,475 shares of the company’s stock were exchanged, compared to its average volume of 17,131,771. Arcadium Lithium has a 12 month low of $2.19 and a 12 month high of $5.81. The company’s 50 day moving average price is $5.43 and its 200 day moving average price is $4.43. The firm has a market capitalization of $6.24 billion, a PE ratio of 21.50 and a beta of 1.45.

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 up $0.64 during mid-day trading on Wednesday, hitting $76.34. 1,479,313 shares of the stock were exchanged, compared to its average volume of 2,313,358. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of -4.56, a price-to-earnings-growth ratio of 3.43 and a beta of 1.59. The firm’s 50-day simple moving average is $90.52 and its 200 day simple moving average is $92.59. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.58 and a current ratio of 2.44. Albemarle has a fifty-two week low of $71.97 and a fifty-two week high of $143.19.