Defense Stocks To Research – July 19th

GE Aerospace, Rocket Lab, and Citigroup are the three Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of publicly traded companies that develop, manufacture, and support military equipment, technology, and services—ranging from fighter jets and naval vessels to cybersecurity and surveillance systems. Investors in defense stocks seek exposure to government and allied-nation defense spending, which tends to be relatively stable and backed by long-term contracts. These stocks often appeal to those looking for steady revenue streams and potential dividends, though they can be influenced by geopolitical events and changes in defense budgets. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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 $3.21 during trading on Friday, reaching $263.49. 8,605,410 shares of the company’s stock traded hands, compared to its average volume of 5,647,636. GE Aerospace has a 12 month low of $150.20 and a 12 month high of $272.80. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.04 and a quick ratio of 0.77. The stock has a market capitalization of $280.98 billion, a P/E ratio of 36.75, a price-to-earnings-growth ratio of 3.05 and a beta of 1.37. The company has a 50 day moving average of $244.37 and a 200-day moving average of $211.75.

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.

RKLB stock traded up $0.06 on Friday, hitting $51.39. 32,847,329 shares of the company’s stock traded hands, compared to its average volume of 18,848,501. The company has a current ratio of 2.08, a quick ratio of 1.72 and a debt-to-equity ratio of 0.97. The stock has a market cap of $23.31 billion, a price-to-earnings ratio of -128.48 and a beta of 2.15. Rocket Lab has a 1-year low of $4.20 and a 1-year high of $53.44. The stock has a fifty day moving average of $31.48 and a 200-day moving average of $25.83.

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.

Citigroup stock traded up $0.35 during trading hours on Friday, hitting $93.44. The company had a trading volume of 16,590,582 shares, compared to its average volume of 14,675,328. The firm has a market capitalization of $174.52 billion, a P/E ratio of 13.80, a price-to-earnings-growth ratio of 0.68 and a beta of 1.34. The company has a debt-to-equity ratio of 1.61, a current ratio of 0.99 and a quick ratio of 0.98. The firm’s fifty day moving average is $80.43 and its 200-day moving average is $75.45. Citigroup has a fifty-two week low of $53.51 and a fifty-two week high of $93.80.