Automotive Stocks To Follow Today – March 30th

Tesla, NVIDIA, and Taiwan Semiconductor Manufacturing are the three Automotive stocks to watch today, according to MarketBeat’s stock screener tool. Automotive stocks refer to shares of companies involved in the automotive industry, including vehicle manufacturing, parts production, and related services. These stocks represent an investment in a sector influenced by factors such as consumer demand, technological innovation, regulatory changes, and broader economic cycles. These companies had the highest dollar trading volume of any Automotive stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of TSLA stock traded down $9.58 during trading on Friday, hitting $263.55. 123,100,723 shares of the company were exchanged, compared to its average volume of 93,218,015. The firm has a market capitalization of $847.71 billion, a price-to-earnings ratio of 129.19, a P/E/G ratio of 5.86 and a beta of 2.50. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. The business’s 50-day simple moving average is $321.33 and its 200 day simple moving average is $322.34. Tesla has a twelve month low of $138.80 and a twelve month high of $488.54.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Shares of NASDAQ:NVDA traded down $1.76 during trading on Friday, reaching $109.67. 229,047,047 shares of the company traded hands, compared to its average volume of 314,707,778. The firm has a fifty day simple moving average of $125.01 and a 200 day simple moving average of $131.50. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. NVIDIA has a 1-year low of $75.61 and a 1-year high of $195.95. The firm has a market cap of $2.68 trillion, a P/E ratio of 43.16, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77.

Taiwan Semiconductor Manufacturing (TSM)

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.

Shares of NYSE:TSM traded down $2.42 during midday trading on Friday, hitting $165.82. 16,312,453 shares of the stock were exchanged, compared to its average volume of 15,291,333. The business’s fifty day simple moving average is $192.35 and its two-hundred day simple moving average is $192.55. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.30 and a current ratio of 2.57. Taiwan Semiconductor Manufacturing has a 52-week low of $125.78 and a 52-week high of $226.40. The company has a market capitalization of $860.00 billion, a PE ratio of 23.55, a P/E/G ratio of 0.66 and a beta of 1.13.