Best Space Stocks To Watch Today - November 6th

Key Points

• MarketBeat’s space-stock watchlist names seven companies: SpaceX, Axon Enterprise, AST SpaceMobile, Rocket Lab, GE Aerospace, Boeing and Howmet Aerospace, selected for their recent dollar trading volume. The “space stocks” label covers businesses with varying degrees of exposure to the space industry.
• Friday trading was mixed: SpaceX, AST SpaceMobile, Rocket Lab, GE Aerospace, Boeing and Howmet shares rose, while Axon fell nearly $60. Most of the listed stocks remained below their 50-day moving averages.

SpaceX, Axon Enterprise, AST SpaceMobile, Rocket Lab, GE Aerospace, Boeing, and Howmet Aerospace are the seven Space stocks to watch today, according to MarketBeat's stock screener tool. “Space stocks” are shares of publicly traded companies whose businesses are tied to the space industry, such as satellite communications, rocket launches, spacecraft manufacturing, or space-based data services. The term describes an investment theme rather than a formal market category, and these companies can vary widely in how much of their revenue comes from space-related activities. These companies had the highest dollar trading volume of any Space stocks within the last several days.

SpaceX (SPCX)

Our mission is to build the systems and technologies necessary to make life multiplanetary, to understand the true nature of the universe, and to extend the light of consciousness to the stars. To do this, we have formed the most ambitious, vertically integrated innovation engine on (and off) Earth with unmatched capabilities to rapidly manufacture and launch space-based communications that connect the world, to harness the Sun to power a truth-seeking artificial intelligence that advances scientific discovery, and ultimately to build a base on the Moon and cities on other planets.

SPCX traded up $9.45 on Friday, hitting $133.06. 73,340,288 shares of the company were exchanged, compared to its average volume of 103,355,813. The company has a fifty day moving average price of $149.32. SpaceX has a 12 month low of $104.83 and a 12 month high of $225.64. The company has a current ratio of 3.08, a quick ratio of 3.00 and a debt-to-equity ratio of 0.20. The company has a market cap of $1.81 trillion and a P/E ratio of 510.42.

Read Our Latest Research Report on SPCX

Axon Enterprise (AXON)

Axon Enterprise, Inc. develops, manufactures, and sells conducted energy devices (CEDs) under the TASER brand in the United States and internationally. It operates through two segments, Software and Sensors, and TASER. The company also offers hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.

AXON stock traded down $59.94 during midday trading on Friday, reaching $322.62. 3,486,898 shares of the company were exchanged, compared to its average volume of 1,065,211. The business has a 50-day moving average price of $447.49 and a two-hundred day moving average price of $476.73. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.15 and a quick ratio of 1.80. The firm has a market capitalization of $26.21 billion, a price-to-earnings ratio of 133.14, a price-to-earnings-growth ratio of 8.06 and a beta of 1.48. Axon Enterprise has a one year low of $307.00 and a one year high of $665.07.

Read Our Latest Research Report on AXON

AST SpaceMobile (ASTS)

NASDAQ ASTS traded up $1.94 on Friday, reaching $32.13. The stock had a trading volume of 24,136,621 shares, compared to its average volume of 16,722,563. AST SpaceMobile has a 1-year low of $27.58 and a 1-year high of $133.86. The company has a debt-to-equity ratio of 1.24, a current ratio of 13.05 and a quick ratio of 12.90. The company has a market cap of $12.51 billion, a P/E ratio of -14.96 and a beta of 2.88. The firm has a fifty day moving average of $52.75 and a two-hundred day moving average of $76.41.

Read Our Latest Research Report on ASTS

Rocket Lab (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

NASDAQ:RKLB traded up $6.10 during trading hours on Friday, reaching $52.09. 12,890,313 shares of the company were exchanged, compared to its average volume of 22,688,510. The company has a debt-to-equity ratio of 0.01, a current ratio of 5.48 and a quick ratio of 4.98. Rocket Lab has a 1-year low of $37.57 and a 1-year high of $151.00. The company has a market capitalization of $31.17 billion, a P/E ratio of -191.79 and a beta of 3.15. The business has a 50 day moving average of $62.85 and a 200 day moving average of $79.13.

Read Our Latest Research Report on RKLB

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 up $7.65 during midday trading on Friday, reaching $322.38. The company had a trading volume of 1,919,715 shares, compared to its average volume of 5,139,203. GE Aerospace has a 1-year low of $268.91 and a 1-year high of $388.84. The stock has a 50 day moving average price of $315.07 and a 200-day moving average price of $323.07. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.68. The company has a market capitalization of $333.14 billion, a price-to-earnings ratio of 37.21, a price-to-earnings-growth ratio of 2.24 and a beta of 1.43.

Read Our Latest Research Report on GE

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.

NYSE:BA traded up $1.06 during mid-day trading on Friday, reaching $173.56. The stock had a trading volume of 3,050,686 shares, compared to its average volume of 7,148,185. Boeing has a 12 month low of $165.01 and a 12 month high of $254.35. The stock has a market capitalization of $137.54 billion, a PE ratio of 18.87 and a beta of 1.34. The company has a debt-to-equity ratio of 6.31, a current ratio of 1.13 and a quick ratio of 0.34. The stock has a 50-day simple moving average of $193.12 and a two-hundred day simple moving average of $215.79.

Read Our Latest Research Report on BA

Howmet Aerospace (HWM)

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.

Shares of HWM stock traded up $5.32 during trading hours on Friday, reaching $206.22. The company's stock had a trading volume of 2,165,997 shares, compared to its average volume of 2,877,465. Howmet Aerospace has a fifty-two week low of $183.52 and a fifty-two week high of $310.00. The firm's 50 day simple moving average is $224.63 and its 200-day simple moving average is $248.29. The company has a quick ratio of 0.90, a current ratio of 1.86 and a debt-to-equity ratio of 0.70. The company has a market capitalization of $82.00 billion, a price-to-earnings ratio of 40.35, a PEG ratio of 1.56 and a beta of 1.31.

Read Our Latest Research Report on HWM

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