Promising Battery Technology Stocks To Keep An Eye On – June 4th

Mullen Automotive, TETRA Technologies, and Platinum Group Metals 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 and manufacture batteries, battery materials and related energy storage systems used in electric vehicles, grid-scale storage and portable electronics. Investors buy these stocks to gain exposure to the rapidly growing demand for clean energy storage solutions. Their performance is driven by technological breakthroughs, raw‐material costs and government policies supporting decarbonization. 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 Mullen Automotive stock traded up $19.29 during trading on Wednesday, hitting $24.68. The company’s stock had a trading volume of 26,983,788 shares, compared to its average volume of 169,238. Mullen Automotive has a 52 week low of $4.80 and a 52 week high of $233,100,000.00. The company has a fifty day simple moving average of $210.08 and a two-hundred day simple moving average of $327,088.45.

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 TTI stock traded down $0.10 during trading hours on Wednesday, hitting $2.88. 684,294 shares of the company’s stock traded hands, compared to its average volume of 1,199,270. The company has a quick ratio of 1.51, a current ratio of 2.33 and a debt-to-equity ratio of 1.16. The stock has a market cap of $383.25 million, a price-to-earnings ratio of 144.07 and a beta of 1.31. The stock’s fifty day simple moving average is $2.72 and its two-hundred day simple moving average is $3.50. TETRA Technologies has a 12-month low of $2.03 and a 12-month high of $5.12.

Platinum Group Metals (PLG)

Platinum Group Metals Ltd. engages in the exploration and development of platinum and palladium properties. It explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. The company holds 50.02% interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa.

Shares of Platinum Group Metals stock traded up $0.07 during trading on Wednesday, hitting $1.60. 981,031 shares of the company’s stock traded hands, compared to its average volume of 563,700. The stock has a market capitalization of $167.81 million, a P/E ratio of -26.58 and a beta of 1.64. The business has a 50-day simple moving average of $1.24 and a 200-day simple moving average of $1.32. Platinum Group Metals has a 1 year low of $0.99 and a 1 year high of $2.27.