Battery Technology Stocks Worth Watching – May 16th

Mullen Automotive, American Battery Technology, and TETRA Technologies are the three Battery Technology stocks to watch today, according to MarketBeat’s stock screener tool. Battery technology stocks are shares of companies that research, develop, manufacture or distribute batteries and related energy‐storage solutions (for example, lithium-ion cells used in electric vehicles and grid storage). They give investors exposure to the growing demand for portable power, electric-vehicle propulsion and renewable‐energy integration. Performance in this sector often hinges on advances in battery chemistry, raw-material costs and scale-up of manufacturing capacity. These companies had the highest dollar trading volume of any Battery Technology stocks within the last several days.

Mullen Automotive (MULN)

Mullen Automotive, Inc., an electric vehicle company, manufactures, sells, and distributes electric vehicles. Its products include passenger electric vehicles and commercial vehicles; and provides solid-state polymer battery technology. The company is headquartered in Brea, California.

Shares of NASDAQ MULN traded up $0.02 during trading hours on Friday, reaching $0.17. The stock had a trading volume of 26,576,858 shares, compared to its average volume of 1,276,523. Mullen Automotive has a twelve month low of $0.14 and a twelve month high of $3,677,940.00. The business’s fifty day moving average is $15.38 and its two-hundred day moving average is $4,547.62.

American Battery Technology (ABAT)

American Battery Technology Company operates as a battery materials company. The company explores for resources of battery metals, such as such as lithium, nickel, cobalt, and manganese; and develops and commercializes technologies for the extraction of battery metals, as well as commercializes integrated process for the recycling of lithium-ion batteries.

American Battery Technology stock traded down $0.18 on Friday, hitting $1.41. The company’s stock had a trading volume of 2,740,289 shares, compared to its average volume of 1,966,119. American Battery Technology has a one year low of $0.73 and a one year high of $4.11. The firm has a market cap of $118.94 million, a P/E ratio of -1.45 and a beta of -2.44. The company has a fifty day moving average price of $1.16 and a 200-day moving average price of $1.29.

TETRA Technologies (TTI)

TETRA Technologies, Inc., together with its subsidiaries, operates as an energy services and solutions company. It operates through two segments, Completion Fluids & Products Division and Water & Flowback Services. The Completion Fluids & Products segment manufactures and markets clear brine fluids, additives, and associated products and services to the oil and gas industry for use in well drilling, completion, and workover operations in the United States, as well as in Latin America, Europe, Asia, the Middle East, and Africa.

Shares of NYSE:TTI traded down $0.02 during midday trading on Friday, reaching $2.98. 649,871 shares of the company’s stock were exchanged, compared to its average volume of 1,222,592. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.51 and a current ratio of 2.33. The company’s 50 day simple moving average is $2.89 and its two-hundred day simple moving average is $3.57. TETRA Technologies has a 12 month low of $2.03 and a 12 month high of $5.12. The firm has a market capitalization of $395.89 million, a PE ratio of 148.32 and a beta of 1.31.