Best Transportation Stocks To Consider – July 16th

Uber Technologies, Joby Aviation, Berkshire Hathaway, Chevron, and BigBear.ai are the five Transportation stocks to watch today, according to MarketBeat’s stock screener tool. Transportation stocks are shares of publicly traded companies whose primary business is moving goods or people by air, land, or sea. This sector includes airlines, railroads, trucking firms, maritime shipping lines and logistics providers. Because demand for transportation services often mirrors economic activity, these stocks are frequently used as indicators of broader trade and consumer‐spending trends. These companies had the highest dollar trading volume of any Transportation stocks within the last several days.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Shares of UBER traded down $1.51 during mid-day trading on Wednesday, reaching $90.70. The company had a trading volume of 12,424,887 shares, compared to its average volume of 21,191,781. The stock has a market capitalization of $189.67 billion, a P/E ratio of 15.89, a PEG ratio of 1.19 and a beta of 1.40. The stock has a 50 day moving average of $88.76 and a two-hundred day moving average of $78.08. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 0.37. Uber Technologies has a 52-week low of $54.84 and a 52-week high of $97.72.

Joby Aviation (JOBY)

Joby Aviation, Inc., a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.

Shares of NYSE:JOBY traded up $2.30 during midday trading on Wednesday, hitting $16.25. The company had a trading volume of 67,432,530 shares, compared to its average volume of 15,708,656. The business’s 50-day simple moving average is $8.76 and its 200-day simple moving average is $7.68. The stock has a market cap of $12.87 billion, a price-to-earnings ratio of -19.35 and a beta of 2.47. Joby Aviation has a twelve month low of $4.66 and a twelve month high of $16.26.

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.

Shares of BRK.B traded up $2.34 during midday trading on Wednesday, hitting $472.47. The company had a trading volume of 2,312,782 shares, compared to its average volume of 4,417,308. The firm has a market capitalization of $1.02 trillion, a P/E ratio of 12.59, a P/E/G ratio of 3.31 and a beta of 0.83. The company’s 50-day simple moving average is $494.14 and its 200-day simple moving average is $494.54. Berkshire Hathaway has a 1 year low of $406.11 and a 1 year high of $542.07.

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

CVX stock traded up $0.37 during trading on Wednesday, hitting $151.06. The company had a trading volume of 5,326,227 shares, compared to its average volume of 8,977,809. The company has a quick ratio of 0.82, a current ratio of 1.08 and a debt-to-equity ratio of 0.17. The firm has a 50-day moving average price of $143.24 and a 200-day moving average price of $148.54. Chevron has a 1-year low of $132.04 and a 1-year high of $168.96. The firm has a market cap of $263.80 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 2.57 and a beta of 0.83.

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.

NYSE:BBAI traded up $0.05 during trading hours on Wednesday, reaching $7.15. 110,474,065 shares of the company traded hands, compared to its average volume of 88,110,406. BigBear.ai has a 1-year low of $1.16 and a 1-year high of $10.36. The stock has a market cap of $2.08 billion, a P/E ratio of -9.17 and a beta of 3.46. The firm’s 50-day moving average is $4.75 and its 200-day moving average is $4.42. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.66 and a quick ratio of 1.66.