Top Hydrogen Stocks Worth Watching – August 8th

Exxon Mobil, NuScale Power, and CF Industries are the three Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares of companies involved in the production, storage, distribution or utilization of hydrogen as an energy carrier. They typically include firms that make electrolyzers, fuel cells, or infrastructure for hydrogen fueling and transport. Investors buy these equities to gain exposure to the growing clean-energy potential of hydrogen. 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.

Shares of NYSE:XOM traded up $1.23 during midday trading on Friday, reaching $107.18. 6,835,763 shares of the company’s stock traded hands, compared to its average volume of 16,777,697. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. The company has a fifty day simple moving average of $109.79 and a two-hundred day simple moving average of $109.00. The company has a market cap of $456.92 billion, a P/E ratio of 15.21, a PEG ratio of 2.00 and a beta of 0.53. Exxon Mobil has a 1 year low of $97.80 and a 1 year high of $126.34.

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 NYSE SMR traded down $4.34 during trading on Friday, hitting $40.34. The company had a trading volume of 12,171,266 shares, compared to its average volume of 11,546,152. The firm has a market capitalization of $11.47 billion, a price-to-earnings ratio of -29.48 and a beta of 2.06. The stock has a fifty day simple moving average of $40.67 and a two-hundred day simple moving average of $26.89. NuScale Power has a fifty-two week low of $6.88 and a fifty-two week high of $53.50.

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 Industries stock traded down $0.92 during midday trading on Friday, reaching $81.98. The company had a trading volume of 2,572,722 shares, compared to its average volume of 2,744,511. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.59 and a quick ratio of 2.22. CF Industries has a 12-month low of $67.34 and a 12-month high of $104.45. The company has a market capitalization of $13.90 billion, a P/E ratio of 10.69 and a beta of 0.94. The firm’s fifty day simple moving average is $94.08 and its 200-day simple moving average is $85.56.