Top Lithium Stocks To Watch Now - February 09th

Exxon Mobil, Albemarle, and Rio Tinto Group are the three Lithium stocks to watch today, according to MarketBeat's stock screener tool. Lithium stocks are shares in companies that are involved in the exploration, mining, production, or sale of lithium, a valuable metal used in various industries, most notably in rechargeable batteries for electric vehicles and electronic devices. Investing in lithium stocks can provide exposure to the growing demand for lithium-ion batteries and the increasing adoption of electric vehicles worldwide. These companies had the highest dollar trading volume of any Lithium 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.

NYSE XOM traded up $0.44 during trading on Friday, reaching $108.87. 10,043,731 shares of the stock traded hands, compared to its average volume of 14,547,446. The stock's 50-day moving average price is $109.41 and its 200 day moving average price is $114.97. The firm has a market cap of $478.49 billion, a price-to-earnings ratio of 13.89, a price-to-earnings-growth ratio of 2.94 and a beta of 0.89. Exxon Mobil has a fifty-two week low of $100.42 and a fifty-two week high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14.

Read Our Latest Research Report on XOM

Albemarle (ALB)

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Energy Storage, Specialties and Ketjen. The Energy Storage segment offers lithium compounds, including lithium carbonate, lithium hydroxide, and lithium chloride; technical services for the handling and use of reactive lithium products; and lithium-containing by-products recycling services.

Albemarle stock traded down $1.70 during mid-day trading on Friday, hitting $77.30. 2,646,836 shares of the company's stock were exchanged, compared to its average volume of 2,214,762. Albemarle has a fifty-two week low of $71.97 and a fifty-two week high of $143.19. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.58 and a current ratio of 2.44. The company's 50 day simple moving average is $91.91 and its 200-day simple moving average is $92.81.

Read Our Latest Research Report on ALB

Rio Tinto Group (RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

Shares of NYSE RIO traded down $0.23 during mid-day trading on Friday, reaching $61.96. 2,629,975 shares of the company's stock were exchanged, compared to its average volume of 3,294,770. The company has a current ratio of 1.70, a quick ratio of 1.16 and a debt-to-equity ratio of 0.23. The business has a fifty day simple moving average of $60.72 and a 200 day simple moving average of $63.00. Rio Tinto Group has a twelve month low of $57.85 and a twelve month high of $74.24.

Read Our Latest Research Report on RIO