Promising Electric Vehicle Stocks To Research - February 02nd

Tesla, Baidu, and Vale are the three Electric Vehicle stocks to watch today, according to MarketBeat's stock screener tool. Electric vehicle stocks are publicly-traded companies that are primarily engaged in the design, manufacture, and/or distribution of electric vehicles (EVs) and related components. Investing in these stocks allows individuals to gain exposure to the rapidly growing electric vehicle market and potential for future growth in the sector. These companies had the highest dollar trading volume of any Electric Vehicle stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

Shares of TSLA traded up $4.32 during mid-day trading on Friday, hitting $404.60. The company had a trading volume of 83,239,854 shares, compared to its average volume of 66,449,784. The company has a quick ratio of 1.37, a current ratio of 1.84 and a debt-to-equity ratio of 0.08. The stock has a market cap of $1.30 trillion, a PE ratio of 198.33, a P/E/G ratio of 8.08 and a beta of 2.30. Tesla has a 1-year low of $138.80 and a 1-year high of $488.54. The business's 50-day simple moving average is $404.22 and its 200-day simple moving average is $299.34.

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Baidu (BIDU)

Baidu, Inc. engages in the provision of internet search services in China. It operates through two segments: Baidu Core and iQIYI. The company offers Baidu App to access search, feed, and other services using mobile devices; Baidu Search to access its search and other services; Baidu Feed that provides users with personalized timeline based on their demographics and interests; Baidu Health that helps users to find the doctor and hospital for healthcare needs; and Haokan, a short video app.

BIDU stock traded down $4.17 during trading on Friday, reaching $90.60. 7,039,452 shares of the stock traded hands, compared to its average volume of 3,034,042. The firm has a market capitalization of $31.77 billion, a PE ratio of 11.09, a P/E/G ratio of 2.05 and a beta of 0.46. Baidu has a 52-week low of $77.19 and a 52-week high of $116.25. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.19 and a quick ratio of 2.19. The business's 50 day moving average price is $85.65 and its 200-day moving average price is $88.58.

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Vale (VALE)

Vale S.A., together with its subsidiaries, produces and sells iron ore and iron ore pellets for use as raw materials in steelmaking in Brazil and internationally. The company operates through Iron Solutions and Energy Transition Materials segments. The Iron Solutions segment produces and extracts iron ore and pellets, manganese, and other ferrous products; and provides related logistic services.

Shares of NYSE VALE traded down $0.09 on Friday, hitting $9.31. The company had a trading volume of 41,921,104 shares, compared to its average volume of 35,741,324. Vale has a 12-month low of $8.38 and a 12-month high of $13.89. The company has a quick ratio of 0.58, a current ratio of 0.91 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $42.24 billion, a P/E ratio of 4.31, a PEG ratio of 0.28 and a beta of 0.92. The business has a 50 day moving average of $9.12 and a two-hundred day moving average of $10.10.

Read Our Latest Research Report on VALE