Top Battery Technology Stocks To Follow Now – June 3rd

Mullen Automotive, American Battery Technology, TETRA Technologies, Platinum Group Metals, and NOVONIX are the seven Battery Technology stocks to watch today, according to MarketBeat’s stock screener tool. Battery technology stocks are shares of companies engaged in the research, development and manufacture of energy storage solutions—ranging from lithium-ion and solid-state batteries to emerging chemistries and materials. These firms supply the growing markets for electric vehicles, consumer electronics and grid-scale renewable storage. Investors buy these stocks to gain exposure to the expanding demand for high-performance, low-cost batteries. These companies had the highest dollar trading volume of any Battery Technology stocks within the last several days.

Mullen Automotive (MULN)

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 NASDAQ:MULN traded down $552.40 during trading on Tuesday, hitting $5.60. The company’s stock had a trading volume of 602,570 shares, compared to its average volume of 57,495. Mullen Automotive has a fifty-two week low of $4.80 and a fifty-two week high of $264,600,000.00. The stock’s 50-day moving average price is $2.53 and its two-hundred day moving average price is $3,293.80.

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.

Shares of NASDAQ ABAT traded up $0.08 during trading on Tuesday, reaching $1.46. The stock had a trading volume of 1,542,513 shares, compared to its average volume of 2,000,657. American Battery Technology has a one year low of $0.73 and a one year high of $4.11. The firm’s 50 day moving average price is $1.24 and its two-hundred day moving average price is $1.32. The stock has a market cap of $134.15 million, a PE ratio of -1.51 and a beta of -2.44.

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.

NYSE TTI traded up $0.20 on Tuesday, hitting $3.00. The stock had a trading volume of 731,404 shares, compared to its average volume of 1,290,366. The company’s 50-day moving average is $2.74 and its two-hundred day moving average is $3.51. TETRA Technologies has a one year low of $2.03 and a one year high of $5.12. The stock has a market cap of $399.22 million, a price-to-earnings ratio of 150.08 and a beta of 1.31. The company has a quick ratio of 1.51, a current ratio of 2.33 and a debt-to-equity ratio of 1.16.

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.

Shares of Platinum Group Metals stock traded up $0.07 on Tuesday, hitting $1.52. The company had a trading volume of 925,181 shares, compared to its average volume of 639,352. The business has a 50-day simple moving average of $1.24 and a 200-day simple moving average of $1.32. Platinum Group Metals has a 52 week low of $0.99 and a 52 week high of $2.27. The company has a market cap of $159.82 million, a PE ratio of -25.32 and a beta of 1.64.

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 $0.03 during mid-day trading on Tuesday, hitting $1.07. 47,555 shares of the company traded hands, compared to its average volume of 112,868. The business has a 50 day moving average of $1.17 and a two-hundred day moving average of $1.44. The company has a current ratio of 6.15, a quick ratio of 5.94 and a debt-to-equity ratio of 0.44. NOVONIX has a 1 year low of $0.81 and a 1 year high of $2.73.