Best Lithium Stocks To Keep An Eye On – February 01st

Exxon Mobil, Albemarle, Rio Tinto Group, Arcadium Lithium, and QuantumScape are the five Lithium stocks to watch today, according to MarketBeat’s stock screener tool. Lithium stocks refer to shares of companies involved in the mining, production, or exploration of lithium, a critical component used in rechargeable batteries for electric vehicles and electronic devices. Investing in lithium stocks can provide exposure to the growing demand for lithium as the world shifts towards cleaner energy sources. 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 XOM traded down $2.75 on Friday, hitting $106.82. 20,373,958 shares of the stock traded hands, compared to its average volume of 13,650,872. The firm has a market capitalization of $469.48 billion, a P/E ratio of 13.30, a P/E/G ratio of 2.84 and a beta of 0.91. The company has a quick ratio of 1.01, a current ratio of 1.35 and a debt-to-equity ratio of 0.13. Exxon Mobil has a 1 year low of $100.42 and a 1 year high of $126.34. The stock’s 50 day moving average is $110.36 and its two-hundred day moving average is $115.23.

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 Albemarle stock traded down $1.66 during trading hours on Friday, reaching $83.99. 2,785,898 shares of the company’s stock were exchanged, compared to its average volume of 1,948,486. Albemarle has a 52-week low of $71.97 and a 52-week high of $143.19. The company has a fifty day moving average of $94.74 and a 200-day moving average of $93.31. The company has a current ratio of 2.44, a quick ratio of 1.58 and a debt-to-equity ratio of 0.43. The firm has a market capitalization of $9.87 billion, a price-to-earnings ratio of -5.01, a price-to-earnings-growth ratio of 3.74 and a beta of 1.58.

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 $0.52 during trading on Friday, hitting $60.39. The company’s stock had a trading volume of 2,750,898 shares, compared to its average volume of 3,279,765. The stock’s fifty day moving average is $60.83 and its 200 day moving average is $63.12. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.16 and a current ratio of 1.70. Rio Tinto Group has a 1-year low of $57.85 and a 1-year high of $74.24.

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.

ALTM traded down $0.02 during midday trading on Friday, hitting $5.73. The company’s stock had a trading volume of 17,349,700 shares, compared to its average volume of 18,853,545. The firm has a market cap of $6.16 billion, a P/E ratio of 21.20 and a beta of 1.43. Arcadium Lithium has a 52-week low of $2.19 and a 52-week high of $5.76. The firm has a 50-day moving average price of $5.35 and a two-hundred day moving average price of $4.31.

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.

QuantumScape stock traded down $0.03 during trading on Friday, reaching $5.18. The company had a trading volume of 16,979,060 shares, compared to its average volume of 15,179,653. QuantumScape has a 12-month low of $4.65 and a 12-month high of $9.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 14.07 and a current ratio of 14.07. The stock’s 50 day moving average price is $5.29 and its two-hundred day moving average price is $5.64. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of -5.45 and a beta of 4.46.