Promising Electric Vehicle Stocks To Consider – March 22nd

Tesla, BorgWarner, Rivian Automotive, NIO, Genuine Parts, Baidu, and Vale are the seven Electric Vehicle stocks to watch today, according to MarketBeat’s stock screener tool. Electric vehicle stocks are shares of companies involved in the production, development, and sale of electric vehicles or the technologies and infrastructure that support them. These stocks represent an investment in the growing market for sustainable transportation and often include firms specializing in vehicle manufacturing, battery technology, and charging network development. 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.

TSLA traded up $12.45 on Friday, hitting $248.71. 132,093,084 shares of the company traded hands, compared to its average volume of 91,206,622. The company has a 50 day moving average of $335.19 and a 200-day moving average of $319.68. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The stock has a market capitalization of $799.98 billion, a PE ratio of 121.92, a PEG ratio of 5.86 and a beta of 2.50. Tesla has a 12-month low of $138.80 and a 12-month high of $488.54.

BorgWarner (BWA)

BorgWarner Inc., together with its subsidiaries, provides solutions for combustion, hybrid, and electric vehicles worldwide. It offers turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery modules and systems, battery heaters, and battery charging.

Shares of BWA stock traded down $0.27 during trading hours on Friday, reaching $28.68. 55,738,370 shares of the company’s stock were exchanged, compared to its average volume of 2,645,178. The company has a market cap of $6.30 billion, a P/E ratio of 20.06, a price-to-earnings-growth ratio of 0.77 and a beta of 1.21. The company’s 50 day moving average is $30.36 and its two-hundred day moving average is $32.54. BorgWarner has a 1 year low of $27.65 and a 1 year high of $38.23. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.79 and a quick ratio of 1.45.

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Shares of RIVN stock traded up $0.72 during trading hours on Friday, reaching $11.60. 36,590,831 shares of the company’s stock were exchanged, compared to its average volume of 36,964,000. The company has a market cap of $13.12 billion, a P/E ratio of -2.46 and a beta of 2.03. The company’s 50 day moving average is $12.41 and its two-hundred day moving average is $12.17. Rivian Automotive has a 1 year low of $8.26 and a 1 year high of $18.86. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.09 and a quick ratio of 3.70.

NIO (NIO)

NIO Inc. designs, manufactures, and sells electric vehicles in the People's Republic of China. The company is also involved in the manufacture of e-powertrain, battery packs, and components; and racing management, technology development, and sales and after-sales management activities. In addition, it offers power solutions for battery charging needs; and other value-added services.

Shares of NIO stock traded down $0.21 during trading hours on Friday, reaching $4.51. 82,569,065 shares of the company’s stock were exchanged, compared to its average volume of 55,261,448. The company has a market cap of $9.40 billion, a P/E ratio of -2.98 and a beta of 1.81. The company’s 50 day moving average is $4.43 and its two-hundred day moving average is $4.86. NIO has a 1 year low of $3.61 and a 1 year high of $7.71. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.04 and a quick ratio of 0.93.

Genuine Parts (GPC)

Genuine Parts Company distributes automotive replacement parts, and industrial parts and materials. It operates in two segments: Automotive Parts Group and Industrial Parts Group segments. The company distributes automotive replacement parts for hybrid and electric vehicles, trucks, SUVs, buses, motorcycles, recreational vehicles, farm vehicles, small engines, farm equipment, marine equipment, and heavy duty equipment; and equipment and parts used by repair shops, service stations, fleet operators, automobile and truck dealers, leasing companies, bus and truck lines, mass merchandisers, farms, and individuals.

Shares of GPC stock traded down $1.82 during trading hours on Friday, reaching $118.93. 3,064,471 shares of the company’s stock were exchanged, compared to its average volume of 1,147,925. The company has a market cap of $16.50 billion, a P/E ratio of 18.38 and a beta of 0.93. The company’s 50 day moving average is $120.99 and its two-hundred day moving average is $124.83. Genuine Parts has a 1 year low of $112.74 and a 1 year high of $164.45. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.16 and a quick ratio of 0.57.

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.

Shares of BIDU stock traded up $0.27 during trading hours on Friday, reaching $94.54. 3,768,211 shares of the company’s stock were exchanged, compared to its average volume of 3,977,646. Baidu has a 1 year low of $77.20 and a 1 year high of $116.25. The company has a market cap of $33.15 billion, a P/E ratio of 10.31, a price-to-earnings-growth ratio of 2.96 and a beta of 0.47. The company’s 50 day moving average is $90.06 and its two-hundred day moving average is $89.85. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.09 and a quick ratio of 2.19.

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.

NYSE VALE traded down $0.07 during mid-day trading on Friday, hitting $10.08. The stock had a trading volume of 35,048,311 shares, compared to its average volume of 29,388,677. Vale has a 52-week low of $8.38 and a 52-week high of $13.14. The company has a market cap of $45.73 billion, a price-to-earnings ratio of 7.00, a P/E/G ratio of 0.31 and a beta of 0.85. The company has a 50 day simple moving average of $9.48 and a 200 day simple moving average of $9.90. The company has a quick ratio of 0.58, a current ratio of 0.91 and a debt-to-equity ratio of 0.39.