Best Hydrogen Stocks To Follow Today – May 8th

Exxon Mobil, Linde, and CF Industries are the three Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. Hydrogen stocks are shares of publicly traded companies involved in the production, distribution or utilization of hydrogen as an energy carrier—ranging from green-hydrogen electrolysis producers to fuel-cell manufacturers and hydrogen infrastructure developers. Investors buy these equities to gain exposure to the emerging hydrogen economy, which aims to decarbonize heavy industry, transportation and power generation. 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 XOM traded up $2.24 during mid-day trading on Thursday, reaching $106.85. The company’s stock had a trading volume of 7,087,272 shares, compared to its average volume of 15,571,562. The company has a current ratio of 1.31, a quick ratio of 0.97 and a debt-to-equity ratio of 0.14. The stock has a market cap of $462.17 billion, a P/E ratio of 13.63, a PEG ratio of 3.02 and a beta of 0.51. Exxon Mobil has a 1-year low of $97.80 and a 1-year high of $126.34. The business has a 50-day simple moving average of $109.00 and a two-hundred day simple moving average of $111.40.

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.

Linde stock traded up $6.25 during mid-day trading on Thursday, hitting $455.91. 498,725 shares of the company’s stock traded hands, compared to its average volume of 1,928,569. Linde has a fifty-two week low of $408.65 and a fifty-two week high of $487.49. The stock has a market cap of $214.61 billion, a price-to-earnings ratio of 33.50, a P/E/G ratio of 3.08 and a beta of 1.00. The firm has a 50 day simple moving average of $452.50 and a two-hundred day simple moving average of $448.97. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.89 and a quick ratio of 0.76.

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 traded up $2.33 on Thursday, reaching $83.02. The company had a trading volume of 2,281,568 shares, compared to its average volume of 2,105,280. The company’s fifty day moving average is $76.25 and its 200 day moving average is $83.26. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.52 and a current ratio of 3.08. The stock has a market cap of $14.07 billion, a P/E ratio of 12.26, a P/E/G ratio of 0.37 and a beta of 0.94. CF Industries has a fifty-two week low of $67.34 and a fifty-two week high of $98.25.