Defense Stocks To Watch Today – July 16th

Citigroup, GE Aerospace, and Boeing are the three Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of publicly traded companies that design, manufacture or support military equipment, weapons systems, cybersecurity solutions and related services for governments and defense agencies. Major players include aerospace and defense contractors as well as specialized security firms. Because government budgets for national security tend to be relatively stable, these stocks often appeal to investors seeking consistent demand and defensive qualities in their portfolios. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

Shares of NYSE C traded down $1.55 on Wednesday, reaching $89.17. 11,879,284 shares of the company traded hands, compared to its average volume of 14,629,088. Citigroup has a fifty-two week low of $53.51 and a fifty-two week high of $91.80. The company has a 50 day moving average of $79.16 and a 200 day moving average of $75.03. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.52. The stock has a market capitalization of $166.54 billion, a PE ratio of 14.08, a P/E/G ratio of 0.69 and a beta of 1.34.

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.

Shares of NYSE GE traded up $0.26 on Wednesday, reaching $264.93. 3,281,909 shares of the company traded hands, compared to its average volume of 5,565,145. GE Aerospace has a fifty-two week low of $150.20 and a fifty-two week high of $265.76. The company has a 50 day moving average of $241.36 and a 200 day moving average of $210.06. The company has a current ratio of 1.08, a quick ratio of 0.77 and a debt-to-equity ratio of 0.90. The stock has a market capitalization of $282.52 billion, a PE ratio of 41.20, a P/E/G ratio of 3.14 and a beta of 1.37.

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 $1.18 on Wednesday, reaching $228.82. 3,157,117 shares of the company’s stock were exchanged, compared to its average volume of 9,543,162. The company’s 50 day moving average is $207.90 and its 200-day moving average is $183.67. The company has a market cap of $172.53 billion, a price-to-earnings ratio of -12.81 and a beta of 1.41. Boeing has a twelve month low of $128.88 and a twelve month high of $233.61.