Etsy, Shopify, and United Parcel Service are the three Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are the publicly traded shares of companies engaged in maritime transport, including vessel owners, operators and charterers. Their performance typically reflects global trade volumes and freight‐rate fluctuations, making them sensitive to economic cycles, fuel costs and shipping‐industry regulations. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.
Etsy (ETSY)
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items.
Etsy stock traded up $3.38 during trading hours on Monday, hitting $58.73. 9,143,901 shares of the stock traded hands, compared to its average volume of 4,007,265. Etsy has a one year low of $40.05 and a one year high of $66.93. The company has a market cap of $6.12 billion, a PE ratio of 24.78, a PEG ratio of 2.57 and a beta of 1.78. The firm's 50-day moving average price is $46.15 and its two-hundred day moving average price is $50.64.
Read Our Latest Research Report on ETSY
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.
Shares of SHOP traded down $0.71 on Monday, reaching $106.51. The stock had a trading volume of 4,107,761 shares, compared to its average volume of 9,429,379. Shopify has a 12-month low of $48.56 and a 12-month high of $129.38. The firm has a market capitalization of $137.92 billion, a price-to-earnings ratio of 68.72, a price-to-earnings-growth ratio of 4.82 and a beta of 2.66. The company has a 50-day simple moving average of $95.31 and a 200-day simple moving average of $105.03.
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.
UPS traded down $0.30 during trading on Monday, reaching $97.24. The stock had a trading volume of 3,170,880 shares, compared to its average volume of 5,142,219. The company has a current ratio of 1.17, a quick ratio of 1.14 and a debt-to-equity ratio of 1.16. The company has a market capitalization of $82.35 billion, a price-to-earnings ratio of 14.39, a P/E/G ratio of 1.55 and a beta of 1.23. The stock's 50 day moving average is $98.56 and its two-hundred day moving average is $114.98. United Parcel Service has a one year low of $90.55 and a one year high of $148.15.
Read Our Latest Research Report on UPS
Further Reading
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