Promising Battery Technology Stocks Worth Watching – July 29th

American Battery Technology, Mullen Automotive, Tetra Technologies, 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 that develop, manufacture, or recycle batteries and related components—particularly those used in electric vehicles, portable electronics, and grid-scale energy storage. Investors buy these stocks to gain exposure to the growth of advanced battery chemistries (such as lithium-ion, solid-state, and flow batteries) and the expanding clean-energy market. These companies had the highest dollar trading volume of any Battery Technology stocks within the last several days.

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 American Battery Technology stock traded down $0.51 on Tuesday, reaching $2.38. The company had a trading volume of 10,881,940 shares, compared to its average volume of 2,851,122. The firm has a market cap of $218.23 million, a price-to-earnings ratio of -2.57 and a beta of -2.23. The firm’s 50-day moving average price is $1.71 and its two-hundred day moving average price is $1.41. American Battery Technology has a 1 year low of $0.73 and a 1 year high of $4.11.

Mullen Automotive (BINI)

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 down $0.01 on Tuesday, reaching $0.06. The company had a trading volume of 162,747,717 shares, compared to its average volume of 18,595,357. Mullen Automotive has a 1 year low of $0.06 and a 1 year high of $83,400,000.00. The firm’s 50-day moving average price is $4.28 and its two-hundred day moving average price is $40,581.57.

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 $0.09 on Tuesday, reaching $3.85. 937,454 shares of the company’s stock were exchanged, compared to its average volume of 1,412,853. Tetra Technologies has a 52 week low of $2.03 and a 52 week high of $5.12. The company has a current ratio of 2.54, a quick ratio of 1.61 and a debt-to-equity ratio of 0.66. The stock has a market capitalization of $511.65 million, a PE ratio of 4.58 and a beta of 1.37. The company’s fifty day simple moving average is $3.30 and its 200 day simple moving average is $3.42.

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 down $0.08 on Tuesday, reaching $1.57. 496,339 shares of the company’s stock were exchanged, compared to its average volume of 869,143. Platinum Group Metals has a 52 week low of $0.99 and a 52 week high of $2.27. The stock has a market capitalization of $174.28 million, a PE ratio of -26.08 and a beta of 1.71. The company’s fifty day simple moving average is $1.58 and its 200 day simple moving average is $1.36.

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 down $0.07 on Tuesday, reaching $1.36. 124,092 shares of the stock traded hands, compared to its average volume of 149,956. The company has a fifty day moving average price of $1.21 and a 200-day moving average price of $1.25. The company has a current ratio of 1.24, a quick ratio of 1.21 and a debt-to-equity ratio of 0.29. NOVONIX has a 12 month low of $0.81 and a 12 month high of $2.73.