Promising Manufacturing Stocks To Follow Now – June 26th

BigBear.ai, Rocket Lab, and Taiwan Semiconductor Manufacturing are the three Manufacturing stocks to watch today, according to MarketBeat’s stock screener tool. Manufacturing stocks are the quantities of raw materials, work-in-progress items and finished goods that a manufacturer holds at various stages of production. They serve to smooth out production flow, prevent delays and ensure products are available to meet customer demand. Effective management of these stocks helps control carrying costs and optimize cash flow. These companies had the highest dollar trading volume of any Manufacturing stocks within the last several days.

BigBear.ai (BBAI)

BigBear.ai Holdings, Inc. provides artificial intelligence-powered decision intelligence solutions. It offers national security, supply chain management, and digital identity and biometrics solutions. The company also provides data ingestion, data enrichment, data processing, artificial intelligence, machine learning, predictive analytics, and predictive visualization solutions and services.

BBAI traded up $0.96 during midday trading on Thursday, reaching $5.77. 201,902,058 shares of the company were exchanged, compared to its average volume of 43,369,053. The stock has a market capitalization of $1.68 billion, a P/E ratio of -7.43 and a beta of 3.29. BigBear.ai has a one year low of $1.17 and a one year high of $10.36. The stock’s 50-day simple moving average is $3.64 and its 200 day simple moving average is $4.05. The company has a debt-to-equity ratio of 0.55, a quick ratio of 1.66 and a current ratio of 1.66.

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Shares of NASDAQ:RKLB traded up $3.44 during mid-day trading on Thursday, reaching $35.79. The stock had a trading volume of 31,320,538 shares, compared to its average volume of 17,515,959. The firm has a 50 day simple moving average of $25.13 and a two-hundred day simple moving average of $24.07. Rocket Lab has a twelve month low of $4.20 and a twelve month high of $37.19. The firm has a market cap of $16.23 billion, a PE ratio of -89.76 and a beta of 2.08. The company has a current ratio of 2.08, a quick ratio of 1.72 and a debt-to-equity ratio of 0.97.

Taiwan Semiconductor Manufacturing (TSM)

Taiwan Semiconductor Manufacturing Company Limited, together with its subsidiaries, manufactures, packages, tests, and sells integrated circuits and other semiconductor devices in Taiwan, China, Europe, the Middle East, Africa, Japan, the United States, and internationally. It provides a range of wafer fabrication processes, including processes to manufacture complementary metal- oxide-semiconductor (CMOS) logic, mixed-signal, radio frequency, embedded memory, bipolar CMOS mixed-signal, and others.

NYSE TSM traded up $1.53 during trading on Thursday, reaching $224.27. 4,948,390 shares of the stock traded hands, compared to its average volume of 15,436,311. Taiwan Semiconductor Manufacturing has a fifty-two week low of $133.57 and a fifty-two week high of $226.40. The company has a quick ratio of 2.18, a current ratio of 2.39 and a debt-to-equity ratio of 0.22. The firm has a market cap of $1.16 trillion, a price-to-earnings ratio of 28.85, a price-to-earnings-growth ratio of 1.14 and a beta of 1.27. The stock’s 50-day moving average price is $190.02 and its 200 day moving average price is $189.89.