Promising Space Stocks To Watch Now - November 9th

Key Points

• MarketBeat named SpaceX, Boeing, Rocket Lab, AST SpaceMobile, and GE Aerospace as space-related stocks with the highest recent dollar trading volume. The sector spans launches, satellites, spacecraft, and aerospace services, but can be volatile given high costs and uncertain paths to profitability.
• Monday’s trading was mixed: SpaceX, Rocket Lab, AST SpaceMobile, and GE Aerospace shares rose, while Boeing edged lower. Rocket Lab and AST SpaceMobile traded well below their 50- and 200-day moving averages, while Boeing also remained below both averages.
• The companies represent varied exposure to the sector, from SpaceX’s satellite communications and launch ambitions to Rocket Lab’s launch and spacecraft services, AST SpaceMobile’s space-based communications, and Boeing and GE Aerospace’s aviation and defense businesses.

SpaceX, Boeing, Rocket Lab, AST SpaceMobile, and GE Aerospace are the five 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 space, such as satellite communications, rocket launches, spacecraft manufacturing, or space-based services. Investors may use them to gain exposure to the space industry, but these stocks can be volatile because many companies face high costs, uncertain demand, and long paths to profitability. 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.

Shares of NASDAQ:SPCX traded up $6.72 during midday trading on Monday, reaching $140.99. The company's stock had a trading volume of 68,766,596 shares, compared to its average volume of 103,462,539. The firm has a market capitalization of $1.91 trillion and a price-to-earnings ratio of 542.89. SpaceX has a fifty-two week low of $104.83 and a fifty-two week high of $225.64. The company has a quick ratio of 3.00, a current ratio of 3.08 and a debt-to-equity ratio of 0.20. The stock has a 50 day moving average of $149.18.

Read Our Latest Research Report on SPCX

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 stock traded down $0.70 on Monday, reaching $172.70. 6,628,440 shares of the company were exchanged, compared to its average volume of 7,157,860. The company has a 50-day moving average of $192.39 and a 200-day moving average of $215.41. The company has a market cap of $136.86 billion, a price-to-earnings ratio of 18.72 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. Boeing has a one year low of $165.01 and a one year high of $254.35.

Read Our Latest Research Report on BA

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.

Shares of NASDAQ RKLB traded up $5.33 during midday trading on Monday, hitting $58.40. 16,173,888 shares of the stock traded hands, compared to its average volume of 22,696,113. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.98 and a current ratio of 5.48. Rocket Lab has a one year low of $37.57 and a one year high of $151.00. The business has a 50 day moving average price of $62.56 and a two-hundred day moving average price of $78.95. The company has a market cap of $34.94 billion, a PE ratio of -216.50 and a beta of 3.15.

Read Our Latest Research Report on RKLB

AST SpaceMobile (ASTS)

Shares of ASTS stock traded up $4.39 during trading hours on Monday, reaching $36.72. The company had a trading volume of 17,038,105 shares, compared to its average volume of 16,764,021. 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 $14.29 billion, a price-to-earnings ratio of -17.16 and a beta of 2.88. The business has a fifty day simple moving average of $52.17 and a 200-day simple moving average of $76.01. AST SpaceMobile has a 12 month low of $27.58 and a 12 month high of $133.86.

Read Our Latest Research Report on ASTS

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 Aerospace stock traded up $11.34 on Monday, reaching $334.58. 1,691,280 shares of the company traded hands, compared to its average volume of 5,138,761. 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 firm has a market capitalization of $345.74 billion, a PE ratio of 38.62, a PEG ratio of 2.20 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 company has a 50 day moving average of $314.70 and a 200 day moving average of $323.12.

Read Our Latest Research Report on GE

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.