Defense Stocks Worth Watching - November 13th

Key Points

• Rocket Lab, Boeing, and GE Aerospace were highlighted as defense stocks to watch because they recently had the highest dollar trading volumes in the group.
• All three shares fell on Friday: Rocket Lab dropped $3.74 to $60.33, Boeing declined $1.29 to $170.25, and GE Aerospace slipped $0.11 to $330.75.
• The companies have distinct defense exposure: Rocket Lab provides launch and space systems, Boeing makes military aircraft and defense systems, and GE Aerospace supplies engines and propulsion technologies.

Rocket Lab, Boeing, and GE Aerospace are the three Defense stocks to watch today, according to MarketBeat's stock screener tool. Defense stocks are shares of companies that supply military equipment, technology, or services, such as aircraft, weapons, and defense cybersecurity. Their performance can be influenced by government defense budgets and contracts, as well as geopolitical events and policy changes. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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 down $3.74 on Friday, reaching $60.33. 6,616,921 shares of the stock were exchanged, compared to its average volume of 22,706,244. Rocket Lab has a one year low of $37.57 and a one year high of $151.00. The firm has a market capitalization of $36.10 billion, a PE ratio of -167.59 and a beta of 3.15. The company's 50-day simple moving average is $62.51 and its two-hundred day simple moving average is $78.48.

Read Our Latest Research Report on RKLB

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.

Shares of BA traded down $1.29 during mid-day trading on Friday, reaching $170.25. The stock had a trading volume of 1,787,278 shares, compared to its average volume of 7,141,636. The business has a fifty day moving average of $189.59 and a 200 day moving average of $213.86. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.34 and a current ratio of 1.13. The firm has a market cap of $134.92 billion, a price-to-earnings ratio of 18.52 and a beta of 1.34. Boeing has a 12 month low of $165.01 and a 12 month high of $254.35.

Read Our Latest Research Report on BA

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.

Shares of GE stock traded down $0.11 on Friday, hitting $330.75. 704,566 shares of the stock traded hands, compared to its average volume of 5,111,545. The firm has a market cap of $341.78 billion, a price-to-earnings ratio of 38.14, a PEG ratio of 2.33 and a beta of 1.43. GE Aerospace has a 52 week low of $268.91 and a 52 week high of $388.84. The firm has a 50 day simple moving average of $314.84 and a two-hundred day simple moving average of $323.85. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.68.

Read Our Latest Research Report on GE

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