Industrial Stocks To Keep An Eye On - November 7th

Key Points

• MarketBeat flagged seven industrial stocks to watch based on recent dollar trading volume: GE Vernova, Bloom Energy, Coherent, Caterpillar, Vertiv, GE Aerospace and Axon Enterprise.
• The companies span power generation and infrastructure, industrial equipment, aerospace, data-center technology and public-safety products, offering exposure to varied areas of economic activity.
• Friday trading was mostly higher among the seven, but Axon fell $69.56 to $313. Several stocks were also well below their 50-day moving averages, including Bloom Energy, Coherent, Caterpillar and Vertiv.

GE Vernova, Bloom Energy, Coherent, Caterpillar, Vertiv, GE Aerospace, and Axon Enterprise are the seven Industrial stocks to watch today, according to MarketBeat's stock screener tool. Industrial stocks are shares of companies involved in manufacturing, construction, transportation, engineering, and other industrial goods or services. For investors, they often represent exposure to economic activity and can rise or fall with business investment, infrastructure spending, and demand for manufactured products. These companies had the highest dollar trading volume of any Industrial stocks within the last several days.

GE Vernova (GEV)

GE Vernova LLC, an energy business company, generates electricity. It operates under three segments: Power, Wind, and Electrification. The Power segments generates and sells electricity through hydro, gas, nuclear, and steam power. Wind segment engages in the manufacturing and sale of wind turbine blades; and Electrification segment provides grid solutions, power conversion, solar, and storage solutions.

NYSE GEV traded up $4.23 during mid-day trading on Friday, reaching $774.74. 7,203,323 shares of the stock were exchanged, compared to its average volume of 3,120,461. The stock has a market capitalization of $205.06 billion, a PE ratio of 20.33, a PEG ratio of 2.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.62 and a current ratio of 0.83. GE Vernova has a 1-year low of $530.16 and a 1-year high of $1,195.94. The business's fifty day simple moving average is $923.33 and its 200 day simple moving average is $944.61.

Read Our Latest Research Report on GEV

Bloom Energy (BE)

Bloom Energy Corporation designs, manufactures, sells, and installs solid-oxide fuel cell systems for on-site power generation in the United States and internationally. The company offers Bloom Energy Server, a solid oxide technology that converts fuel, such as natural gas, biogas, hydrogen, or a blend of these fuels into electricity through an electrochemical process without combustion.

BE traded up $5.83 during midday trading on Friday, hitting $173.35. The company's stock had a trading volume of 23,195,131 shares, compared to its average volume of 15,504,418. The company has a current ratio of 3.74, a quick ratio of 3.08 and a debt-to-equity ratio of 1.33. The firm has a market cap of $51.25 billion, a P/E ratio of 106.35, a PEG ratio of 1.98 and a beta of 3.63. The firm has a 50-day moving average price of $246.00 and a two-hundred day moving average price of $220.98. Bloom Energy has a 52-week low of $75.70 and a 52-week high of $351.28.

Read Our Latest Research Report on BE

Coherent (COHR)

Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers.

Coherent stock traded up $23.22 during midday trading on Friday, reaching $192.98. The stock had a trading volume of 16,218,943 shares, compared to its average volume of 7,734,099. The stock's 50-day simple moving average is $269.91 and its 200 day simple moving average is $295.04. Coherent has a twelve month low of $130.42 and a twelve month high of $440.00. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.52 and a current ratio of 2.43. The stock has a market capitalization of $38.00 billion, a PE ratio of 40.04, a price-to-earnings-growth ratio of 0.44 and a beta of 2.23.

Read Our Latest Research Report on COHR

Caterpillar (CAT)

Caterpillar Inc. manufactures and sells construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives in worldwide. Its Construction Industries segment offers asphalt pavers, compactors, road reclaimers, forestry machines, cold planers, material handlers, track-type tractors, excavators, telehandlers, motor graders, and pipelayers; compact track, wheel, track-type, backhoe, and skid steer loaders; and related parts and tools.

CAT traded up $5.68 during trading on Friday, reaching $559.32. 4,786,353 shares of the company were exchanged, compared to its average volume of 3,287,856. Caterpillar has a 52 week low of $537.08 and a 52 week high of $1,073.46. The company has a current ratio of 1.42, a quick ratio of 0.88 and a debt-to-equity ratio of 1.50. The firm has a 50 day moving average of $760.19 and a 200 day moving average of $806.23. The stock has a market cap of $257.10 billion, a P/E ratio of 21.94, a PEG ratio of 1.05 and a beta of 1.65.

Read Our Latest Research Report on CAT

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

Shares of NYSE:VRT traded up $5.76 during mid-day trading on Friday, hitting $182.49. The stock had a trading volume of 9,624,826 shares, compared to its average volume of 7,250,958. Vertiv has a 12-month low of $147.82 and a 12-month high of $379.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.01 and a current ratio of 1.39. The company has a market cap of $70.26 billion, a PE ratio of 34.11, a P/E/G ratio of 0.71 and a beta of 2.11. The company's 50 day moving average is $236.97 and its 200-day moving average is $269.74.

Read Our Latest Research Report on VRT

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 NYSE:GE traded up $8.81 during midday trading on Friday, hitting $323.54. The company's stock had a trading volume of 5,306,018 shares, compared to its average volume of 5,237,439. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.68 and a current ratio of 0.98. The stock's 50 day simple moving average is $314.70 and its 200 day simple moving average is $323.12. The stock has a market capitalization of $334.33 billion, a price-to-earnings ratio of 37.32, a PEG ratio of 2.15 and a beta of 1.43. GE Aerospace has a fifty-two week low of $268.91 and a fifty-two week high of $388.84.

Read Our Latest Research Report on GE

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.

Shares of Axon Enterprise stock traded down $69.56 during midday trading on Friday, hitting $313.00. The company had a trading volume of 5,224,684 shares, compared to its average volume of 975,165. The business's 50 day simple moving average is $441.53 and its two-hundred day simple moving average is $475.20. The stock has a market cap of $25.43 billion, a PE ratio of 100.32, a P/E/G ratio of 8.09 and a beta of 1.48. The company has a debt-to-equity ratio of 0.47, a current ratio of 2.15 and a quick ratio of 1.80. Axon Enterprise has a 1-year low of $307.00 and a 1-year high of $665.07.

Read Our Latest Research Report on AXON

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.