Promising Space Stocks To Keep An Eye On – May 16th

Alphabet, Berkshire Hathaway, Boeing, Archer Aviation, GE Aerospace, Take-Two Interactive Software, and Virgin Galactic are the seven Space stocks to watch today, according to MarketBeat’s stock screener tool. Space stocks are publicly traded equities of companies whose core business involves space-related activities—such as satellite manufacturing, launch services, space tourism and orbital infrastructure. Investing in these stocks lets you tap into the fast-growing space economy, driven by falling launch costs, advancing technologies and rising global demand for satellite communications, Earth observation and exploration missions. These companies had the highest dollar trading volume of any Space stocks within the last several days.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of GOOGL traded up $2.36 during mid-day trading on Friday, reaching $166.32. 29,014,877 shares of the stock traded hands, compared to its average volume of 29,007,261. The company has a market cap of $2.02 trillion, a price-to-earnings ratio of 20.64, a price-to-earnings-growth ratio of 1.34 and a beta of 1.01. Alphabet has a 1 year low of $140.53 and a 1 year high of $207.05. The firm has a fifty day moving average price of $158.17 and a 200 day moving average price of $175.03. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03.

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

Berkshire Hathaway stock traded up $5.83 during midday trading on Friday, hitting $513.16. 2,578,319 shares of the company’s stock were exchanged, compared to its average volume of 4,286,208. The stock has a 50-day moving average price of $519.47 and a two-hundred day moving average price of $485.98. Berkshire Hathaway has a 52-week low of $401.58 and a 52-week high of $542.07. The company has a market cap of $1.11 trillion, a P/E ratio of 10.36, a PEG ratio of 3.45 and a beta of 0.88.

Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

BA traded down $1.00 on Friday, reaching $205.24. The company had a trading volume of 5,924,986 shares, compared to its average volume of 9,192,124. Boeing has a 52-week low of $128.88 and a 52-week high of $209.66. The company has a market cap of $154.76 billion, a price-to-earnings ratio of -11.20 and a beta of 1.41. The business has a 50 day simple moving average of $170.78 and a 200 day simple moving average of $168.18.

Archer Aviation (ACHR)

Shares of NYSE:ACHR traded up $1.22 during trading on Friday, reaching $13.41. The company had a trading volume of 58,816,055 shares, compared to its average volume of 22,475,237. The company has a fifty day moving average of $8.03 and a two-hundred day moving average of $8.04. The company has a current ratio of 6.03, a quick ratio of 6.03 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $7.27 billion, a P/E ratio of -10.12 and a beta of 3.13. Archer Aviation has a 12 month low of $2.82 and a 12 month high of $14.35.

GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

NYSE:GE traded up $2.43 during midday trading on Friday, hitting $231.81. The company had a trading volume of 2,597,492 shares, compared to its average volume of 5,340,293. The company has a market capitalization of $247.19 billion, a PE ratio of 38.68, a P/E/G ratio of 2.59 and a beta of 1.31. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. GE Aerospace has a 52-week low of $150.20 and a 52-week high of $231.84. The stock’s fifty day moving average price is $197.39 and its 200-day moving average price is $189.08.

Take-Two Interactive Software (TTWO)

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.

NASDAQ TTWO traded down $5.33 during trading hours on Friday, reaching $227.01. 2,490,038 shares of the stock traded hands, compared to its average volume of 1,723,366. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.83 and a quick ratio of 0.83. The stock has a 50 day simple moving average of $214.44 and a two-hundred day simple moving average of $197.92. Take-Two Interactive Software has a 1 year low of $135.24 and a 1 year high of $239.80. The company has a market cap of $40.07 billion, a price-to-earnings ratio of -10.65, a price-to-earnings-growth ratio of 6.83 and a beta of 1.08.

Virgin Galactic (SPCE)

Virgin Galactic Holdings, Inc., an aerospace and space travel company, focuses on the development, manufacture, and operation of spaceships and related technologies. The company engages in the design and development, manufacturing, ground and flight testing, spaceflight operation, and post-flight maintenance of spaceflight systems for private individuals, researchers, and government agencies.

Shares of Virgin Galactic stock traded up $2.68 during trading on Friday, hitting $6.03. 80,878,018 shares of the stock traded hands, compared to its average volume of 2,213,266. The stock has a market cap of $214.09 million, a price-to-earnings ratio of -0.35 and a beta of 2.10. The company has a quick ratio of 4.52, a current ratio of 4.52 and a debt-to-equity ratio of 1.15. Virgin Galactic has a 52 week low of $2.18 and a 52 week high of $23.00. The firm’s fifty day moving average is $3.03 and its 200-day moving average is $4.75.