Promising Airline Stocks To Consider – July 19th

Joby Aviation, RTX, American Airlines Group, United Airlines, and Zscaler are the five Airline stocks to watch today, according to MarketBeat’s stock screener tool. Airline stocks are shares of publicly traded companies that operate passenger or cargo air transport services. Owning these securities gives investors a proportional stake in an airline’s assets, revenues, and profits. Their market value is driven by factors such as fuel costs, passenger demand, economic conditions, industry regulation, and geopolitical events. These companies had the highest dollar trading volume of any Airline stocks within the last several days.

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 $0.07 during midday trading on Friday, reaching $17.79. The company’s stock had a trading volume of 59,934,890 shares, compared to its average volume of 16,266,642. Joby Aviation has a fifty-two week low of $4.66 and a fifty-two week high of $18.33. The stock has a 50 day simple moving average of $9.40 and a 200-day simple moving average of $7.87. The stock has a market capitalization of $14.09 billion, a price-to-earnings ratio of -21.18 and a beta of 2.47.

RTX (RTX)

RTX Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers in the United States and internationally. It operates through three segments: Collins Aerospace, Pratt & Whitney, and Raytheon. The Collins Aerospace Systems segment offers aerospace and defense products, and aftermarket service solutions for civil and military aircraft manufacturers and commercial airlines, as well as regional, business, and general aviation, defense, and commercial space operations.

NYSE RTX traded up $0.18 during trading hours on Friday, hitting $151.68. 5,922,284 shares of the company traded hands, compared to its average volume of 5,280,771. The stock has a market capitalization of $202.64 billion, a price-to-earnings ratio of 44.48, a P/E/G ratio of 2.82 and a beta of 0.64. RTX has a twelve month low of $102.62 and a twelve month high of $152.85. The business’s 50-day moving average is $141.35 and its 200-day moving average is $131.48. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.75 and a current ratio of 1.01.

American Airlines Group (AAL)

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

AAL traded up $0.06 on Friday, reaching $12.51. The company had a trading volume of 70,391,478 shares, compared to its average volume of 44,596,974. The company’s fifty day moving average is $11.51 and its 200 day moving average is $12.80. The stock has a market cap of $8.25 billion, a P/E ratio of 13.90, a P/E/G ratio of 1.84 and a beta of 1.36. American Airlines Group has a fifty-two week low of $8.50 and a fifty-two week high of $19.10.

United Airlines (UAL)

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.

NASDAQ UAL traded up $1.03 during midday trading on Friday, hitting $92.25. The company had a trading volume of 7,627,640 shares, compared to its average volume of 7,712,095. The company has a market capitalization of $30.13 billion, a PE ratio of 9.24, a P/E/G ratio of 1.53 and a beta of 1.42. The company has a current ratio of 0.70, a quick ratio of 0.72 and a debt-to-equity ratio of 1.56. United Airlines has a twelve month low of $37.02 and a twelve month high of $116.00. The firm has a 50-day moving average price of $80.11 and a 200-day moving average price of $84.02.

Zscaler (ZS)

Zscaler, Inc. operates as a cloud security company worldwide. The company offers Zscaler Internet Access solution that provides users, workloads, IoT, and OT devices secure access to externally managed applications, including software-as-a-service (SaaS) applications and internet destinations; and Zscaler Private Access solution, which is designed to provide access to managed applications hosted internally in data centers, and private or public clouds.

Shares of ZS stock traded up $2.43 on Friday, hitting $288.72. 1,819,101 shares of the company’s stock were exchanged, compared to its average volume of 2,069,253. The company has a 50 day moving average of $287.76 and a 200 day moving average of $231.30. The stock has a market cap of $44.95 billion, a P/E ratio of -1,110.46 and a beta of 1.11. Zscaler has a 12 month low of $153.45 and a 12 month high of $318.46.