Promising Electric Vehicle Stocks To Consider – February 03rd

Tesla, Baidu, Vale, Shell, and Rivian Automotive are the five Electric Vehicle stocks to watch today, according to MarketBeat’s stock screener tool. Electric vehicle stocks are stocks of companies that are involved in the manufacturing, development, or distribution of electric vehicles (EVs) or related technologies. These stocks can include companies that produce EVs, manufacture batteries for EVs, provide charging infrastructure, or offer other products and services within the EV ecosystem. Investors interested in capitalizing on the growing popularity of electric vehicles may choose to invest in electric vehicle stocks to potentially benefit from the market growth in this sector. These companies had the highest dollar trading volume of any Electric Vehicle 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 Tesla stock traded down $25.43 during trading on Monday, hitting $379.17. 63,298,398 shares of the stock were exchanged, compared to its average volume of 74,863,070. The stock has a market cap of $1.22 trillion, a PE ratio of 186.35, a P/E/G ratio of 6.79 and a beta of 2.34. The stock’s fifty day moving average is $404.22 and its 200 day moving average is $299.70. Tesla has a 12 month low of $138.80 and a 12 month high of $488.54. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02.

Baidu (BIDU)

Baidu, Inc. engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app.

NASDAQ BIDU traded down $1.88 on Monday, hitting $88.72. The stock had a trading volume of 2,799,643 shares, compared to its average volume of 3,677,602. The company’s 50-day moving average is $85.65 and its two-hundred day moving average is $88.56. Baidu has a one year low of $77.19 and a one year high of $116.25. The stock has a market cap of $31.11 billion, a price-to-earnings ratio of 10.86, a P/E/G ratio of 2.08 and a beta of 0.46. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.18.

Vale (VALE)

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services.

Shares of NYSE VALE traded down $0.04 during midday trading on Monday, hitting $9.25. 21,697,055 shares of the company’s stock were exchanged, compared to its average volume of 39,393,254. Vale has a twelve month low of $8.38 and a twelve month high of $13.77. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.91 and a quick ratio of 0.58. The firm has a market cap of $41.99 billion, a P/E ratio of 4.28, a PEG ratio of 0.29 and a beta of 0.91. The stock’s 50 day moving average price is $9.12 and its 200-day moving average price is $10.09.

Shell (SHEL)

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.

Shares of SHEL traded down $0.75 during trading hours on Monday, reaching $65.10. 2,989,832 shares of the company’s stock traded hands, compared to its average volume of 4,364,806. The firm has a market capitalization of $199.03 billion, a price-to-earnings ratio of 12.97, a P/E/G ratio of 6.57 and a beta of 0.55. The business’s fifty day simple moving average is $64.17 and its two-hundred day simple moving average is $67.28. Shell has a twelve month low of $60.15 and a twelve month high of $74.61. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.35 and a quick ratio of 1.10.

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Shares of NASDAQ:RIVN traded down $0.28 during trading on Monday, reaching $12.28. The company had a trading volume of 14,714,652 shares, compared to its average volume of 36,985,773. Rivian Automotive has a twelve month low of $8.26 and a twelve month high of $18.85. The company has a debt-to-equity ratio of 0.93, a quick ratio of 3.70 and a current ratio of 5.09. The firm has a market capitalization of $12.53 billion, a PE ratio of -2.20 and a beta of 2.04. The firm’s fifty day moving average is $13.44 and its 200 day moving average is $12.80.