Promising Electric Vehicle Stocks To Consider – March 21st

Tesla, NIO, Baidu, Rivian Automotive, and XPeng are the five Electric Vehicle stocks to watch today, according to MarketBeat’s stock screener tool. Electric vehicle stocks refer to shares of companies that are involved in the research, development, production, and sale of electric vehicles and their related components, such as batteries and charging infrastructure. These stocks offer investors exposure to the growing clean transportation market and reflect the performance of firms at the forefront of automotive innovation and sustainable technology. 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 $8.60 during trading hours on Friday, hitting $244.86. 75,029,628 shares of the company were exchanged, compared to its average volume of 90,939,297. The company has a market cap of $787.58 billion, a price-to-earnings ratio of 120.25, a P/E/G ratio of 5.86 and a beta of 2.50. Tesla has a fifty-two week low of $138.80 and a fifty-two week high of $488.54. 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 firm’s fifty day moving average is $338.11 and its 200 day moving average is $319.44.

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 traded down $0.19 during trading hours on Friday, hitting $4.53. 62,106,101 shares of the company were exchanged, compared to its average volume of 55,151,972. The company has a market cap of $9.44 billion, a price-to-earnings ratio of -3.00 and a beta of 1.81. NIO has a fifty-two week low of $3.61 and a fifty-two week high of $7.71. The company has a quick ratio of 0.93, a current ratio of 1.04 and a debt-to-equity ratio of 0.98. The firm’s fifty day moving average is $4.42 and its 200 day moving average is $4.86.

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 traded up $0.85 during trading hours on Friday, hitting $95.12. 2,303,678 shares of the company were exchanged, compared to its average volume of 3,966,427. The firm’s fifty day moving average is $89.71 and its 200 day moving average is $89.78. The company has a market cap of $33.35 billion, a price-to-earnings ratio of 10.38, a P/E/G ratio of 2.96 and a beta of 0.47. The company has a quick ratio of 2.19, a current ratio of 2.09 and a debt-to-equity ratio of 0.19. Baidu has a fifty-two week low of $77.20 and a fifty-two week high of $116.25.

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.

NASDAQ:RIVN traded up $0.56 during trading hours on Friday, hitting $11.44. The company’s stock had a trading volume of 19,030,564 shares, compared to its average volume of 36,850,612. The stock has a fifty day simple moving average of $12.45 and a 200-day simple moving average of $12.19. The company has a market capitalization of $12.93 billion, a P/E ratio of -2.43 and a beta of 2.03. The company has a debt-to-equity ratio of 0.93, a current ratio of 5.09 and a quick ratio of 3.70. Rivian Automotive has a twelve month low of $8.26 and a twelve month high of $18.86.

XPeng (XPEV)

XPeng Inc. designs, develops, manufactures, and markets smart electric vehicles (EVs) in the People's Republic of China. It offers SUVs under the G3, G3i, and G9 names; four-door sports sedans under the P7 and P7i names; and family sedans under the P5 name. The company also provides sales contracts, super charging, maintenance, technical support, auto financing, insurance, technology support, ride-hailing, automotive loan referral, and other services, as well as vehicle leasing and insurance agency services.

NYSE:XPEV traded down $0.18 during trading hours on Friday, hitting $21.90. The company’s stock had a trading volume of 8,044,608 shares, compared to its average volume of 13,220,453. The stock has a fifty day simple moving average of $18.10 and a 200-day simple moving average of $13.92. The company has a market capitalization of $20.63 billion, a P/E ratio of -25.20 and a beta of 2.68. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.37 and a quick ratio of 1.18. XPeng has a twelve month low of $6.55 and a twelve month high of $27.16.