Best Battery Technology Stocks To Follow Now – August 18th

American Battery Technology, Tetra Technologies, Bollinger Innovations, 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 companies that research, develop and manufacture batteries and related materials—such as lithium-ion, solid-state or other advanced chemistries—used in electric vehicles, portable electronics and grid-scale energy storage. Investors buy these stocks to gain exposure to the accelerating global shift toward electrification and renewable-energy integration. Their performance is often driven by breakthroughs in battery chemistry, raw-material costs, supply-chain dynamics and government incentives. 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.

NASDAQ:ABAT traded down $0.14 during mid-day trading on Monday, reaching $2.64. The stock had a trading volume of 3,932,298 shares, compared to its average volume of 3,075,639. The stock’s 50 day simple moving average is $1.97 and its two-hundred day simple moving average is $1.47. American Battery Technology has a 1-year low of $0.73 and a 1-year high of $4.11. The company has a market capitalization of $242.13 million, a price-to-earnings ratio of -2.86 and a beta of -2.20.

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 traded up $0.22 during mid-day trading on Monday, reaching $4.14. 1,450,496 shares of the company’s stock traded hands, compared to its average volume of 1,486,578. The business’s 50-day moving average price is $3.61 and its 200-day moving average price is $3.36. The stock has a market capitalization of $551.11 million, a P/E ratio of 4.81 and a beta of 1.33. Tetra Technologies has a 12 month low of $2.03 and a 12 month high of $5.12. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.61 and a current ratio of 2.47.

Bollinger Innovations (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 BINI traded down $0.10 during mid-day trading on Monday, reaching $0.50. The company’s stock had a trading volume of 7,629,735 shares, compared to its average volume of 500,367. Bollinger Innovations has a 1 year low of $0.49 and a 1 year high of $0.60. The business has a fifty day moving average of $186.93 and a 200 day moving average of $4,146,022.46.

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.

Platinum Group Metals stock traded up $0.01 during mid-day trading on Monday, hitting $1.49. 372,540 shares of the company’s stock were exchanged, compared to its average volume of 844,121. Platinum Group Metals has a 1-year low of $0.99 and a 1-year high of $2.27. The stock has a 50 day moving average of $1.60 and a two-hundred day moving average of $1.39. The stock has a market cap of $167.12 million, a P/E ratio of -24.75 and a beta of 1.57.

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.

Shares of NASDAQ NVX traded down $0.05 during mid-day trading on Monday, hitting $1.29. The company had a trading volume of 69,911 shares, compared to its average volume of 151,141. The company has a quick ratio of 1.21, a current ratio of 1.24 and a debt-to-equity ratio of 0.29. The business’s 50-day simple moving average is $1.23 and its 200-day simple moving average is $1.22. NOVONIX has a 12 month low of $0.81 and a 12 month high of $2.73.