Lithium Stocks To Keep An Eye On – February 24th

Exxon Mobil, Rio Tinto Group, Albemarle, Arcadium Lithium, SolarEdge Technologies, Enovix, and QuantumScape are the seven Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks refer to shares of companies that are primarily involved in the mining, processing, or production of lithium, a key component in high-performance batteries. These stocks are often influenced by the growing demand for renewable energy and electric vehicles, as lithium plays a critical role in powering modern battery technologies used in these industries. 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 Exxon Mobil stock traded up $0.84 on Monday, reaching $111.53. 4,748,022 shares of the stock were exchanged, compared to its average volume of 14,704,771. The firm has a market capitalization of $483.93 billion, a PE ratio of 14.22, a PEG ratio of 3.02 and a beta of 0.89. The business has a fifty day moving average price of $108.60 and a two-hundred day moving average price of $114.48. Exxon Mobil has a 1-year low of $103.05 and a 1-year high of $126.34. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14.

Rio Tinto Group (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.

Rio Tinto Group stock traded down $0.24 during midday trading on Monday, reaching $63.30. The company’s stock had a trading volume of 1,135,130 shares, compared to its average volume of 3,148,760. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.16 and a current ratio of 1.63. Rio Tinto Group has a fifty-two week low of $57.85 and a fifty-two week high of $74.24. The firm has a market capitalization of $79.31 billion, a PE ratio of 9.81, a P/E/G ratio of 0.42 and a beta of 0.65. The stock’s 50 day simple moving average is $60.61 and its 200 day simple moving average is $62.94.

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 $0.50 during midday trading on Monday, hitting $81.70. The company had a trading volume of 830,162 shares, compared to its average volume of 2,414,769. The firm has a market capitalization of $9.61 billion, a price-to-earnings ratio of -7.30, a price-to-earnings-growth ratio of 45.02 and a beta of 1.59. Albemarle has a twelve month low of $71.97 and a twelve month high of $143.19. The business has a 50-day simple moving average of $86.93 and a two-hundred day simple moving average of $92.23. The company has a quick ratio of 1.19, a current ratio of 1.95 and a debt-to-equity ratio of 0.39.

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.

Arcadium Lithium stock traded up $0.02 during mid-day trading on Monday, reaching $5.84. The company had a trading volume of 7,571,978 shares, compared to its average volume of 18,605,084. The company has a market capitalization of $6.28 billion, a P/E ratio of 21.61 and a beta of 1.45. The stock’s 50-day simple moving average is $5.53 and its 200-day simple moving average is $4.59. Arcadium Lithium has a 1 year low of $2.19 and a 1 year high of $5.84.

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.

SEDG traded up $1.15 during trading on Monday, reaching $18.77. 2,292,217 shares of the stock were exchanged, compared to its average volume of 4,847,586. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.95 and a quick ratio of 1.46. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of -0.60 and a beta of 1.56. SolarEdge Technologies has a 1 year low of $10.24 and a 1 year high of $78.40. The business’s 50 day moving average price is $14.59 and its two-hundred day moving average price is $17.15.

Enovix (ENVX)

Enovix Corporation designs, develops, and manufactures lithium-ion batteries. It serves wearables and IoT, smartphone, laptops and tablets, industrial and medical, and electric vehicles industries. The company was founded in 2007 and is headquartered in Fremont, California.

NASDAQ ENVX traded down $0.63 during trading hours on Monday, reaching $10.10. The company’s stock had a trading volume of 4,055,540 shares, compared to its average volume of 7,073,508. The company has a debt-to-equity ratio of 0.99, a quick ratio of 3.61 and a current ratio of 3.77. The stock has a market cap of $1.80 billion, a PE ratio of -6.93 and a beta of 1.87. The company’s 50-day moving average is $11.15 and its two-hundred day moving average is $10.29. Enovix has a fifty-two week low of $5.70 and a fifty-two week high of $18.68.

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 QS stock traded down $0.11 during trading hours on Monday, hitting $5.08. The company’s stock had a trading volume of 7,600,272 shares, compared to its average volume of 15,633,107. The company has a current ratio of 14.07, a quick ratio of 14.07 and a debt-to-equity ratio of 0.03. QuantumScape has a twelve month low of $4.65 and a twelve month high of $9.52. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of -5.38 and a beta of 4.45. The business has a fifty day moving average of $5.29 and a 200-day moving average of $5.40.