Shopify, Blackstone, United Parcel Service, Carrier Global, and Etsy are the five Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of publicly traded companies whose primary business is maritime transport—owning and operating vessels such as container ships, oil tankers, bulk carriers or specialized cargo vessels. By investing in these stocks, shareholders gain exposure to global trade volumes, freight‐rate fluctuations and fleet utilization levels. Their performance tends to be cyclical and sensitive to changes in shipping capacity, fuel costs and international trade policies. 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 SHOP stock traded up $1.36 during trading hours on Monday, hitting $128.43. 6,292,460 shares of the company were exchanged, compared to its average volume of 9,276,914. Shopify has a 1 year low of $48.56 and a 1 year high of $129.38. The firm has a fifty day moving average of $110.52 and a 200 day moving average of $105.37. The firm has a market cap of $166.62 billion, a PE ratio of 82.86, a PEG ratio of 4.82 and a beta of 2.61.
Read Our Latest Research Report on SHOP
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 traded down $2.16 during midday trading on Monday, reaching $166.56. The stock had a trading volume of 3,102,131 shares, compared to its average volume of 4,322,780. Blackstone has a 52 week low of $115.66 and a 52 week high of $200.96. 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 company has a market capitalization of $121.53 billion, a P/E ratio of 50.17, a P/E/G ratio of 1.52 and a beta of 1.65. The firm's 50 day moving average price is $146.60 and its 200-day moving average price is $150.39.
Read Our Latest Research Report on BX
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.
United Parcel Service stock traded down $0.37 during trading hours on Monday, hitting $98.85. The stock had a trading volume of 3,746,530 shares, compared to its average volume of 5,939,510. The company has a market cap of $83.71 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 1.91 and a beta of 1.21. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 1.24. The company has a 50-day moving average of $99.85 and a two-hundred day moving average of $107.91. United Parcel Service has a fifty-two week low of $90.55 and a fifty-two week high of $146.17.
Read Our Latest Research Report on UPS
Carrier Global (CARR)
Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security.
CARR traded down $0.43 during trading on Monday, hitting $75.99. 4,393,003 shares of the stock traded hands, compared to its average volume of 5,283,093. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.20 and a quick ratio of 0.83. The company has a market cap of $65.14 billion, a price-to-earnings ratio of 11.76, a PEG ratio of 2.09 and a beta of 1.31. The business has a 50 day moving average price of $73.11 and a 200 day moving average price of $67.87. Carrier Global has a twelve month low of $54.22 and a twelve month high of $83.32.
Read Our Latest Research Report on CARR
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.
Shares of ETSY stock traded up $0.77 during mid-day trading on Monday, reaching $60.41. The stock had a trading volume of 5,376,630 shares, compared to its average volume of 4,359,423. Etsy has a 52-week low of $40.05 and a 52-week high of $66.18. The stock's 50-day moving average price is $54.03 and its two-hundred day moving average price is $50.88. The firm has a market capitalization of $6.30 billion, a PE ratio of 43.15, a price-to-earnings-growth ratio of 3.28 and a beta of 1.74.
Read Our Latest Research Report on ETSY
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