Defense Stocks To Add to Your Watchlist – August 16th

Boeing, GE Aerospace, 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 design, manufacture or support military equipment, weapons systems, aerospace vehicles and related defense technologies. Their performance is typically tied to government defense spending and geopolitical developments, making them a way for investors to gain exposure to long-term, contract-driven revenue streams. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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.

Shares of BA traded up $2.12 during mid-day trading on Friday, reaching $235.31. 6,285,891 shares of the company were exchanged, compared to its average volume of 6,798,152. The stock has a market capitalization of $177.93 billion, a PE ratio of -14.25 and a beta of 1.48. The business has a 50 day simple moving average of $219.45 and a two-hundred day simple moving average of $192.49. Boeing has a 52 week low of $128.88 and a 52 week high of $242.69.

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.

GE stock traded down $2.08 during midday trading on Friday, hitting $267.62. The company’s stock had a trading volume of 5,202,309 shares, compared to its average volume of 4,687,750. The stock’s 50-day moving average price is $257.44 and its 200 day moving average price is $224.17. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.88. GE Aerospace has a 1 year low of $159.36 and a 1 year high of $281.50. The stock has a market cap of $283.79 billion, a price-to-earnings ratio of 37.32, a PEG ratio of 2.90 and a beta of 1.44.

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 $1.80 during midday trading on Friday, reaching $93.66. 11,998,955 shares of the company traded hands, compared to its average volume of 15,281,200. Citigroup has a 12 month low of $55.51 and a 12 month high of $96.90. The firm’s fifty day moving average price is $87.83 and its two-hundred day moving average price is $77.86. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.61. The firm has a market capitalization of $172.42 billion, a price-to-earnings ratio of 13.83, a price-to-earnings-growth ratio of 0.82 and a beta of 1.38.