Promising Telecom Stocks To Add to Your Watchlist - November 9th

Key Points

• Five high-trading-volume telecom names highlighted: SpaceX, AST SpaceMobile, Verizon, T-Mobile US and AT&T made MarketBeat’s watchlist based on recent dollar trading volume.
• All five stocks rose on Monday: SpaceX gained $6.72 to $140.99, AST SpaceMobile $4.39 to $36.72, Verizon $0.48 to $46.17, T-Mobile $6.60 to $168.61, and AT&T $0.01 to $21.64.
• Valuations varied widely: SpaceX was listed with a $1.91 trillion market cap and a P/E of 542.89, while Verizon and AT&T had P/Es of 11.77 and 11.69, respectively.

SpaceX, AST SpaceMobile, Verizon Communications, T-Mobile US, and AT&T are the five Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares of publicly traded companies that provide communications services or infrastructure, such as wireless, broadband, and phone networks. Investors may buy them for potential income and exposure to demand for connectivity, while weighing risks such as heavy capital costs, competition, and regulation. These companies had the highest dollar trading volume of any Telecom 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.

NASDAQ SPCX traded up $6.72 on Monday, hitting $140.99. The stock had a trading volume of 68,766,596 shares, compared to its average volume of 103,462,539. SpaceX has a 52-week low of $104.83 and a 52-week high of $225.64. The business has a fifty day moving average of $149.18. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.00 and a current ratio of 3.08. The company has a market capitalization of $1.91 trillion and a PE ratio of 542.89.

Read Our Latest Research Report on SPCX

AST SpaceMobile (ASTS)

Shares of NASDAQ:ASTS traded up $4.39 on Monday, hitting $36.72. 17,038,105 shares of the company were exchanged, compared to its average volume of 16,764,021. The company has a current ratio of 13.05, a quick ratio of 12.90 and a debt-to-equity ratio of 1.24. The stock's 50 day moving average price is $52.17 and its 200 day moving average price is $76.01. The firm has a market capitalization of $14.29 billion, a P/E ratio of -17.16 and a beta of 2.88. AST SpaceMobile has a 1-year low of $27.58 and a 1-year high of $133.86.

Read Our Latest Research Report on ASTS

Verizon Communications (VZ)

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

NYSE:VZ traded up $0.48 during trading hours on Monday, reaching $46.17. The company had a trading volume of 12,610,082 shares, compared to its average volume of 27,321,635. The company has a debt-to-equity ratio of 1.33, a current ratio of 0.63 and a quick ratio of 0.58. Verizon Communications has a 1-year low of $38.68 and a 1-year high of $51.68. The business's 50 day moving average price is $46.62 and its 200-day moving average price is $46.90. The firm has a market cap of $191.38 billion, a PE ratio of 11.77, a price-to-earnings-growth ratio of 1.85 and a beta of 0.28.

Read Our Latest Research Report on VZ

T-Mobile US (TMUS)

T-Mobile US, Inc., together with its subsidiaries, provides mobile communications services in the United States, Puerto Rico, and the United States Virgin Islands. The company offers voice, messaging, and data services to customers in the postpaid, prepaid, and wholesale and other services. It also provides wireless devices, including smartphones, wearables, tablets, home broadband routers, and other mobile communication devices, as well as wireless devices and accessories; financing through equipment installment plans; reinsurance for device insurance policies and extended warranty contracts; leasing through JUMP! On Demand; and High Speed Internet services.

Shares of T-Mobile US stock traded up $6.60 on Monday, reaching $168.61. The company's stock had a trading volume of 3,134,185 shares, compared to its average volume of 5,737,143. The company has a quick ratio of 0.78, a current ratio of 0.91 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $178.60 billion, a P/E ratio of 16.24, a PEG ratio of 0.94 and a beta of 0.40. The stock has a 50-day moving average price of $164.96 and a 200-day moving average price of $186.19. T-Mobile US has a 52-week low of $143.75 and a 52-week high of $224.75.

Read Our Latest Research Report on TMUS

AT&T (T)

AT&T, Inc. is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.

Shares of NYSE T traded up $0.01 during trading on Monday, hitting $21.64. The company had a trading volume of 17,790,885 shares, compared to its average volume of 48,767,754. AT&T has a fifty-two week low of $19.89 and a fifty-two week high of $29.43. The stock has a fifty day simple moving average of $23.96 and a two-hundred day simple moving average of $24.91. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $145.75 billion, a price-to-earnings ratio of 11.69, a price-to-earnings-growth ratio of 1.07 and a beta of 0.30.

Read Our Latest Research Report on T

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