Shopify, United Parcel Service, Blackstone, TD SYNNEX, and Rio Tinto are the five Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of publicly traded companies engaged in maritime transportation services, including container, dry bulk, tanker, and specialized vessel operations. These stocks offer investors exposure to global trade dynamics and freight‐rate fluctuations, making them sensitive to economic cycles, fuel costs, and regulatory changes. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.
Shopify (SHOP)
Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.
SHOP traded down $0.43 during mid-day trading on Wednesday, hitting $113.99. 7,703,310 shares of the stock were exchanged, compared to its average volume of 9,297,271. The firm's fifty day moving average is $101.89 and its two-hundred day moving average is $104.76. Shopify has a 1-year low of $48.56 and a 1-year high of $129.38. The company has a market cap of $147.89 billion, a PE ratio of 73.54, a PEG ratio of 4.82 and a beta of 2.63.
Read Our Latest Research Report on SHOP
United Parcel Service (UPS)
United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.
NYSE UPS traded down $1.07 during trading on Wednesday, reaching $99.55. 4,432,396 shares of the company's stock were exchanged, compared to its average volume of 5,192,231. The stock has a market cap of $84.30 billion, a P/E ratio of 14.51, a price-to-earnings-growth ratio of 1.76 and a beta of 1.22. United Parcel Service has a 1 year low of $90.55 and a 1 year high of $148.15. The company has a debt-to-equity ratio of 1.24, a quick ratio of 1.09 and a current ratio of 1.09. The company has a 50 day moving average price of $97.89 and a two-hundred day moving average price of $111.17.
Read Our Latest Research Report on UPS
Blackstone (BX)
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.
Shares of BX stock traded down $0.44 during trading hours on Wednesday, hitting $143.61. The stock had a trading volume of 1,370,450 shares, compared to its average volume of 3,803,795. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.75. The firm has a market capitalization of $104.78 billion, a PE ratio of 43.26, a PEG ratio of 1.27 and a beta of 1.65. Blackstone has a twelve month low of $115.66 and a twelve month high of $200.96. The stock's 50 day moving average is $137.60 and its 200 day moving average is $153.23.
Read Our Latest Research Report on BX
TD SYNNEX (SNX)
TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. The company offers personal computing devices and peripherals, mobile phones and accessories, printers, supplies, and endpoint technology software; and data center technologies, such as hybrid cloud, security, storage, networking, servers, technology software, and converged and hyper-converged infrastructure, as well as computing components.
TD SYNNEX stock traded up $0.83 during midday trading on Wednesday, reaching $137.71. The company's stock had a trading volume of 1,335,171 shares, compared to its average volume of 745,979. The stock's 50 day simple moving average is $119.40 and its 200 day simple moving average is $124.11. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.74 and a current ratio of 1.27. The firm has a market capitalization of $11.56 billion, a PE ratio of 17.19, a P/E/G ratio of 1.09 and a beta of 1.29. TD SYNNEX has a fifty-two week low of $92.23 and a fifty-two week high of $145.10.
Read Our Latest Research Report on SNX
Rio Tinto (RIO)
Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.
Shares of Rio Tinto stock traded down $0.47 during trading on Wednesday, hitting $56.72. 2,862,574 shares of the company were exchanged, compared to its average volume of 2,974,299. The firm has a 50 day moving average price of $59.66 and a 200 day moving average price of $60.29. Rio Tinto has a fifty-two week low of $51.67 and a fifty-two week high of $72.08. The stock has a market capitalization of $71.13 billion, a price-to-earnings ratio of 8.79 and a beta of 0.68. The company has a quick ratio of 1.13, a current ratio of 1.63 and a debt-to-equity ratio of 0.23.
Read Our Latest Research Report on RIO
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