Lithium Stocks To Watch Today – May 3rd

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 equity shares of companies involved in the exploration, mining, extraction and processing of lithium—a key component in rechargeable batteries for electric vehicles and energy storage systems. Investors buy these stocks to gain exposure to the growing demand for electric mobility and green energy technologies, as rising lithium usage underpins the sector’s long-term growth potential. 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.

Shares of Exxon Mobil stock traded up $0.42 during trading on Friday, reaching $106.20. 16,574,731 shares of the company were exchanged, compared to its average volume of 15,769,565. Exxon Mobil has a twelve month low of $97.80 and a twelve month high of $126.34. The business has a 50-day moving average price of $109.36 and a 200-day moving average price of $111.73. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of $459.35 billion, a price-to-earnings ratio of 13.55, a P/E/G ratio of 3.02 and a beta of 0.51.

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.

ALB traded up $0.91 during midday trading on Friday, reaching $60.23. 3,470,004 shares of the company were exchanged, compared to its average volume of 2,752,045. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.19 and a current ratio of 1.95. The stock has a market capitalization of $7.09 billion, a P/E ratio of -5.38 and a beta of 1.59. The stock’s 50-day simple moving average is $66.40 and its 200 day simple moving average is $84.29. Albemarle has a one year low of $49.43 and a one year high of $137.50.

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.

Rio Tinto Group stock traded up $1.11 during midday trading on Friday, hitting $59.66. 2,176,652 shares of the stock were exchanged, compared to its average volume of 2,858,593. The stock has a market capitalization of $74.81 billion, a PE ratio of 9.25, a P/E/G ratio of 0.42 and a beta of 0.66. The company has a fifty day simple moving average of $59.92 and a two-hundred day simple moving average of $61.35. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.23. Rio Tinto Group has a 52 week low of $51.67 and a 52 week high of $74.24.