Hydrogen Stocks Worth Watching – May 16th

Exxon Mobil, Linde, and NuScale Power are the three Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are the publicly traded shares of companies involved in the production, storage, distribution and utilization of hydrogen as a low-carbon energy carrier. By investing in these equities—ranging from electrolyzer and fuel-cell manufacturers to infrastructure developers—investors gain exposure to the emerging hydrogen economy that aims to decarbonize sectors like transportation, power generation and heavy industry. These companies had the highest dollar trading volume of any Hydrogen 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.

NYSE XOM traded down $0.45 during trading hours on Friday, hitting $108.13. The company had a trading volume of 6,190,967 shares, compared to its average volume of 16,602,521. Exxon Mobil has a 1-year low of $97.80 and a 1-year high of $126.34. The company has a market cap of $466.01 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The business has a 50 day moving average of $109.00 and a 200-day moving average of $110.91. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31.

Linde (LIN)

Linde plc operates as an industrial gas company in the Americas, Europe, the Middle East, Africa, Asia, and South Pacific. It offers atmospheric gases, including oxygen, nitrogen, argon, and rare gases; and process gases, such as carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

Shares of LIN traded up $3.45 during mid-day trading on Friday, hitting $457.67. 573,151 shares of the company’s stock were exchanged, compared to its average volume of 1,936,471. The firm has a market capitalization of $215.43 billion, a P/E ratio of 33.59, a P/E/G ratio of 3.08 and a beta of 1.00. Linde has a fifty-two week low of $408.65 and a fifty-two week high of $487.49. The business’s 50 day moving average is $450.95 and its two-hundred day moving average is $447.89. The company has a current ratio of 0.89, a quick ratio of 0.76 and a debt-to-equity ratio of 0.39.

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

NuScale Power stock traded down $0.18 during mid-day trading on Friday, reaching $23.82. The company had a trading volume of 7,355,379 shares, compared to its average volume of 8,568,163. NuScale Power has a 1 year low of $5.86 and a 1 year high of $32.30. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.24 and a quick ratio of 2.24. The company has a market capitalization of $6.73 billion, a P/E ratio of -25.04 and a beta of 1.62. The stock’s 50-day simple moving average is $16.46 and its 200-day simple moving average is $20.18.