Shopify, United Parcel Service, and Blackstone are the three Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are equity shares of companies that operate maritime transport services—such as container vessels, oil tankers and bulk carriers—responsible for moving goods and commodities across the world’s oceans. Their revenues and share prices tend to be highly cyclical, fluctuating with global trade volumes, freight‐rate levels and broader economic or geopolitical developments. Investors often watch industry benchmarks like the Baltic Dry Index to assess shipping demand and anticipate stock performance. 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.
Shares of NYSE:SHOP traded down $2.23 during midday trading on Friday, hitting $91.77. 15,336,944 shares of the company's stock were exchanged, compared to its average volume of 9,223,426. The company has a market cap of $118.83 billion, a PE ratio of 59.21, a price-to-earnings-growth ratio of 4.82 and a beta of 2.66. Shopify has a 12 month low of $48.56 and a 12 month high of $129.38. The stock has a 50 day moving average price of $93.29 and a 200-day moving average price of $102.73.
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.
Shares of United Parcel Service stock traded down $1.03 on Friday, hitting $95.92. The company had a trading volume of 5,616,665 shares, compared to its average volume of 5,012,419. The stock has a market capitalization of $81.93 billion, a price-to-earnings ratio of 14.19, a P/E/G ratio of 1.55 and a beta of 1.23. The company has a debt-to-equity ratio of 1.16, a quick ratio of 1.14 and a current ratio of 1.17. United Parcel Service has a 1 year low of $90.55 and a 1 year high of $153.42. The stock has a 50 day moving average of $104.28 and a 200-day moving average of $118.93.
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.
BX traded down $0.40 during mid-day trading on Friday, reaching $139.41. 3,113,790 shares of the stock were exchanged, compared to its average volume of 3,760,165. The company has a 50 day moving average price of $136.87 and a two-hundred day moving average price of $162.27. The stock has a market capitalization of $101.72 billion, a PE ratio of 38.40, a price-to-earnings-growth ratio of 1.07 and a beta of 1.67. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.71 and a current ratio of 0.67. Blackstone has a 1 year low of $115.66 and a 1 year high of $200.96.
Read Our Latest Research Report on BX
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