Battery Technology Stocks To Follow Now – May 10th

Mullen Automotive, TETRA Technologies, American Battery Technology, Platinum Group Metals, and NOVONIX are the five Battery Technology stocks to watch today, according to MarketBeat’s stock screener tool. Battery technology stocks are shares of publicly traded companies involved in the research, development, manufacturing or distribution of battery systems and related materials—such as lithium-ion, solid-state and other next-generation chemistries. Investors buy these equities to gain exposure to the rapidly growing market for energy storage solutions in electric vehicles, renewable power integration and portable electronics. 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.

MULN stock traded down $0.03 during trading on Friday, reaching $0.20. The company had a trading volume of 15,011,954 shares, compared to its average volume of 732,742. Mullen Automotive has a 52 week low of $0.20 and a 52 week high of $4,470,000.00. The business has a 50 day moving average of $27.79 and a 200 day moving average of $4,977.96.

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 up $0.05 during midday trading on Friday, reaching $2.97. 942,939 shares of the stock were exchanged, compared to its average volume of 1,220,800. TETRA Technologies has a 1 year low of $2.03 and a 1 year high of $5.12. The firm has a market cap of $395.23 million, a PE ratio of 148.57 and a beta of 1.31. The company’s 50 day moving average is $2.91 and its two-hundred day moving average is $3.57. The company has a current ratio of 2.33, a quick ratio of 1.51 and a debt-to-equity ratio of 1.16.

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.

Shares of NASDAQ ABAT traded down $0.01 during mid-day trading on Friday, hitting $1.40. 855,723 shares of the stock traded hands, compared to its average volume of 1,940,198. The company has a market cap of $118.52 million, a price-to-earnings ratio of -1.44 and a beta of -2.44. The stock has a fifty day moving average price of $1.12 and a 200-day moving average price of $1.28. American Battery Technology has a 52 week low of $0.73 and a 52 week high of $4.11.

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 PLG stock traded up $0.05 during mid-day trading on Friday, reaching $1.26. 693,622 shares of the company’s stock traded hands, compared to its average volume of 530,512. The company’s 50-day moving average price is $1.22 and its 200-day moving average price is $1.38. The company has a market cap of $132.57 million, a P/E ratio of -21.00 and a beta of 1.64. Platinum Group Metals has a 12 month low of $0.99 and a 12 month high of $2.27.

NOVONIX (NVX)

NOVONIX Limited provides battery materials and development technology for battery manufacturers, materials companies, automotive original equipment manufacturers (OEMs), and consumer electronics manufacturers in North America, Asia, Australia, and Europe. It operates through Battery Materials and Battery Technology segments.

NASDAQ NVX traded up $0.03 during trading hours on Friday, reaching $1.26. 24,220 shares of the company’s stock traded hands, compared to its average volume of 108,443. The company has a current ratio of 6.15, a quick ratio of 5.94 and a debt-to-equity ratio of 0.44. NOVONIX has a 52-week low of $0.81 and a 52-week high of $2.73. The firm has a 50-day simple moving average of $1.12 and a 200 day simple moving average of $1.52.