Promising Hydrogen Stocks To Watch Now – November 9th

NuScale Power, CF Industries, Plug Power, FuelCell Energy, Lifezone Metals, NewHydrogen, and Fusion Fuel Green are the seven Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares of publicly traded companies involved in producing, storing, transporting, or using hydrogen, including makers of fuel cells and electrolyzers. Their performance can depend on hydrogen demand, government policy, technology costs, and the companies’ financial health. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

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.

Shares of SMR traded up $0.45 during mid-day trading on Monday, hitting $5.53. 14,219,016 shares of the company traded hands, compared to its average volume of 31,443,164. NuScale Power has a 1-year low of $4.28 and a 1-year high of $32.09. The company has a market capitalization of $2.37 billion, a PE ratio of -4.69 and a beta of 2.42. The business has a 50 day moving average of $7.44 and a 200 day moving average of $10.56.

CF Industries (CF)

CF Industries Holdings, Inc., together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

CF stock traded up $1.15 during trading on Monday, reaching $120.54. The company had a trading volume of 577,565 shares, compared to its average volume of 3,172,582. The firm has a 50-day simple moving average of $122.45 and a 200-day simple moving average of $116.74. The company has a market cap of $18.24 billion, a price-to-earnings ratio of 8.51, a price-to-earnings-growth ratio of 0.24 and a beta of 0.54. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.68 and a current ratio of 2.98. CF Industries has a twelve month low of $75.42 and a twelve month high of $141.96.

Plug Power (PLUG)

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.

NASDAQ:PLUG traded up $0.04 during trading hours on Monday, hitting $1.50. 37,950,533 shares of the company were exchanged, compared to its average volume of 70,856,930. The company has a debt-to-equity ratio of 1.29, a current ratio of 2.32 and a quick ratio of 1.32. Plug Power has a 52-week low of $1.30 and a 52-week high of $4.33. The stock has a market capitalization of $2.09 billion, a price-to-earnings ratio of -1.19 and a beta of 2.13. The company’s 50 day moving average price is $1.78 and its 200-day moving average price is $2.37.

FuelCell Energy (FCEL)

FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.

Shares of NASDAQ FCEL traded up $1.03 during midday trading on Monday, reaching $10.98. The company had a trading volume of 2,411,923 shares, compared to its average volume of 7,013,042. FuelCell Energy has a 1 year low of $5.71 and a 1 year high of $37.88. The business’s 50-day simple moving average is $15.03 and its 200 day simple moving average is $14.94. The company has a current ratio of 8.67, a quick ratio of 7.77 and a debt-to-equity ratio of 0.15. The stock has a market cap of $877.81 million, a P/E ratio of -3.21 and a beta of 2.47.

Lifezone Metals (LZM)

Lifezone Metals Limited engages in the extraction and refining of metals. It supplies lower-carbon and sulfur dioxide emission metals to the battery storage, EV, and hydrogen markets. The company’s products include nickel, copper, and cobalt. Its flagship project is the Kabanga nickel project in North-West Tanzania.

Lifezone Metals stock traded up $0.26 during trading hours on Monday, hitting $4.46. 281,562 shares of the stock traded hands, compared to its average volume of 497,191. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.45 and a quick ratio of 0.45. The firm’s 50 day moving average price is $3.77 and its 200-day moving average price is $4.19. The stock has a market capitalization of $375.53 million, a price-to-earnings ratio of -0.96 and a beta of 1.34. Lifezone Metals has a 1 year low of $2.95 and a 1 year high of $6.40.

NewHydrogen (NEWH)

NewHydrogen, Inc. engages in the development of clean energy technologies. It engages in the development of a breakthrough technology to produce green hydrogen using renewable energy. The company focuses on replacing and reducing expensive rare earth materials, to help usher in the green hydrogen economy.

Shares of NEWH stock traded up $0.00 during mid-day trading on Monday, reaching $0.03. The stock had a trading volume of 119,264 shares, compared to its average volume of 1,567,478. NewHydrogen has a 1-year low of $0.01 and a 1-year high of $0.04. The business’s fifty day moving average is $0.02 and its 200-day moving average is $0.02.

Fusion Fuel Green (HTOO)

Fusion Fuel Green PLC, together with its subsidiaries, manufactures and sells miniaturized PEM electrolyzers to produce green hydrogen in Portugal, Spain, and rest of southern Europe. The company offers HEVO-Chain, a centralized PEM electrolyzer; and HEVO-Solar, a grid-independent hydrogen generator.

HTOO traded down $0.06 during trading on Monday, reaching $1.25. 2,097 shares of the company’s stock were exchanged, compared to its average volume of 80,248. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.51 and a current ratio of 0.52. Fusion Fuel Green has a 1 year low of $1.30 and a 1 year high of $5.08. The company’s fifty day simple moving average is $1.98 and its 200-day simple moving average is $2.72.