Top Lithium Stocks To Watch Today - February 23rd

Today, the spotlight is on three significant lithium stocks, including Exxon Mobil, Arcadium Lithium, and Rio Tinto Group. These companies have achieved the highest dollar trading volume among lithium stocks in recent days, making them worth watching.

Exxon Mobil (XOM)

Exxon Mobil Corporation is involved in the exploration and production of crude oil and natural gas, both domestically and internationally. The company operates through various segments: Upstream, Energy Products, Chemical Products, and Specialty Products. The Upstream segment focuses on exploring and extracting crude oil and natural gas.

During Friday's trading, shares of NYSE:XOM declined by $1.33, reaching a price of $110.67. The trading volume was 14,676,984 shares, slightly above its average volume of 14,051,395. Exxon Mobil has a debt-to-equity ratio of 0.14, a quick ratio of 0.97, and a current ratio of 1.31. Over the past year, the company's stock saw a low of $102.88 and a high of $126.34. Its current market cap stands at $480.20 billion, with a price-to-earnings ratio of 14.12 and a beta of 0.89. The 50-day moving average price is $108.60, and the 200-day moving average price is $114.49.

Arcadium Lithium (ALTM)

Arcadium Lithium plc specializes in producing lithium chemical products across various regions, including Asia Pacific, North America, and Europe. The company offers products such as battery-grade lithium hydroxide, lithium carbonate, butyllithium, and high-purity lithium metal, serving multiple industries like electric vehicles, electronics, agriculture, and aerospace.

On Friday, NYSE ALTM saw a minor drop of $0.01, bringing its stock price to $5.83. The trading volume hit 46,278,097 shares, significantly higher than the average volume of 18,930,570. The firm boasts a market cap of $6.27 billion, a PE ratio of 21.57, and a beta of 1.45. The stock's one-year low was $2.19, while its high reached $5.84. The 50-day moving average stands at $5.53, and the 200-day moving average is $4.58.

Rio Tinto Group (RIO)

Rio Tinto Group is engaged in exploring, mining, and processing mineral resources globally. The company operates through various segments, including Iron Ore, Aluminium, Copper, and Minerals. The Iron Ore segment is active in iron ore mining and producing salt and gypsum in Western Australia, while the Aluminium segment covers bauxite mining and aluminium production processes.

On Friday, NYSE RIO experienced a decline of $0.87, with shares reaching $63.43. The trading volume amounted to 2,258,985 shares, slightly below the average volume of 2,780,408. The company has a market cap of $79.47 billion, a price-to-earnings ratio of 9.83, a P/E/G ratio of 0.42, and a beta of 0.65. Over the past year, Rio Tinto's shares saw a low of $57.85 and a high of $74.24. The stock's 50-day moving average is $60.61, while the 200-day moving average is $62.94. Additionally, the company has a debt-to-equity ratio of 0.23, a current ratio of 1.63, and a quick ratio of 1.16.

Lithium, Stocks, Investment