Hydrogen Stocks To Keep An Eye On – November 7th

CF Industries, NuScale Power, Plug Power, FuelCell Energy, and Lifezone Metals are the five Hydrogen stocks to watch today, according to MarketBeat’s stock screener tool. “Hydrogen stocks” are shares in publicly traded companies whose businesses are substantially involved in producing, transporting, storing, or using hydrogen, including fuel-cell technology. Investors may buy them to gain exposure to the hydrogen economy, but their value can be affected by early-stage technology, infrastructure costs, regulation, and uncertain demand. These companies had the highest dollar trading volume of any Hydrogen stocks within the last several days.

CF Industries (CF)

CF Industries Holdings, Inc., together with its subsidiaries, engages in the manufacture and sale of hydrogen and nitrogen products for energy, fertilizer, emissions abatement, and other industrial activities in North America, Europe, and internationally. It operates through Ammonia, Granular Urea, UAN, AN, and Other segments.

NYSE CF traded up $0.83 on Friday, reaching $119.40. The stock had a trading volume of 1,877,642 shares, compared to its average volume of 2,244,668. The stock has a market cap of $18.07 billion, a P/E ratio of 8.43, a price-to-earnings-growth ratio of 0.24 and a beta of 0.54. The business’s 50-day moving average price is $122.45 and its 200 day moving average price is $116.74. The company has a debt-to-equity ratio of 0.36, a quick ratio of 4.32 and a current ratio of 4.86. CF Industries has a 12-month low of $75.42 and a 12-month high of $141.96.

NuScale Power (SMR)

NuScale Power Corporation engages in the development and sale of modular light water reactor nuclear power plants to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications. It offers NuScale Power Module (NPM), a water reactor that can generate 77 megawatts of electricity (MWe); and VOYGR power plant designs for three facility sizes that are capable of housing from one to four and six or twelve NPMs.

Shares of NYSE SMR traded up $0.64 during midday trading on Friday, reaching $5.01. 40,698,565 shares of the company were exchanged, compared to its average volume of 31,305,372. The stock has a fifty day simple moving average of $7.44 and a 200 day simple moving average of $10.56. NuScale Power has a 1 year low of $4.28 and a 1 year high of $32.09. The stock has a market cap of $2.15 billion, a P/E ratio of -4.24 and a beta of 2.42.

Plug Power (PLUG)

Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power.

Shares of Plug Power stock traded up $0.10 during trading hours on Friday, hitting $1.45. 86,973,673 shares of the company were exchanged, compared to its average volume of 49,177,420. Plug Power has a 1 year low of $1.30 and a 1 year high of $4.33. The company has a current ratio of 2.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.29. The business has a 50-day moving average of $1.78 and a 200-day moving average of $2.37. The stock has a market capitalization of $2.03 billion, a price-to-earnings ratio of -1.15 and a beta of 2.13.

FuelCell Energy (FCEL)

FuelCell Energy, Inc., together with its subsidiaries, manufactures and sells stationary fuel cell and electrolysis platforms that decarbonize power and produce hydrogen. The company provides various configurations and applications of its platform, including on-site power, utility grid support, and microgrid, as well as distributed hydrogen; solid oxide-based electrolysis; solutions for long duration hydrogen-based energy storage and electrolysis technology; and carbon capture, separation, and utilization systems.

NASDAQ:FCEL traded up $1.02 during midday trading on Friday, reaching $9.95. The stock had a trading volume of 5,362,384 shares, compared to its average volume of 7,403,481. The firm has a fifty day simple moving average of $15.03 and a two-hundred day simple moving average of $14.94. FuelCell Energy has a 12-month low of $5.71 and a 12-month high of $37.88. The company has a quick ratio of 7.77, a current ratio of 8.67 and a debt-to-equity ratio of 0.15. The stock has a market cap of $795.50 million, a P/E ratio of -2.90 and a beta of 2.47.

Lifezone Metals (LZM)

Lifezone Metals Limited engages in the extraction and refining of metals. It supplies lower-carbon and sulfur dioxide emission metals to the battery storage, EV, and hydrogen markets. The company’s products include nickel, copper, and cobalt. Its flagship project is the Kabanga nickel project in North-West Tanzania.

LZM traded up $0.15 during trading on Friday, hitting $4.14. The stock had a trading volume of 745,464 shares, compared to its average volume of 629,526. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.45 and a current ratio of 0.45. The firm has a market capitalization of $348.50 million, a P/E ratio of -0.89 and a beta of 1.34. The company’s 50-day moving average price is $3.77 and its 200 day moving average price is $4.19. Lifezone Metals has a twelve month low of $2.95 and a twelve month high of $6.40.