Space Stocks To Keep An Eye On - November 5th

Key Points

• MarketBeat’s screener named SpaceX, Rocket Lab, Boeing, GE Aerospace, Parker-Hannifin, AST SpaceMobile, and Axon Enterprise as space-related stocks to watch, based on recent dollar trading volume. The article notes that “space stocks” is an informal category and companies’ actual exposure to the space industry varies widely.
• All seven stocks fell in Thursday trading. SpaceX declined $10.31 to $125.61, while AST SpaceMobile dropped $5.42 to $30.20 and Rocket Lab fell $6.74 to $45.63.

SpaceX, Rocket Lab, Boeing, GE Aerospace, Parker-Hannifin, AST SpaceMobile, and Axon Enterprise 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 significantly connected to the space industry, such as satellite communications, launch services, spacecraft manufacturing, or space-based data. The term is an informal investment category, not an official market classification, and these companies can vary widely in how much of their revenue actually 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.

NASDAQ SPCX traded down $10.31 on Thursday, reaching $125.61. The company had a trading volume of 114,592,854 shares, compared to its average volume of 103,105,367. The stock's fifty day moving average price is $149.64. The firm has a market cap of $1.71 trillion and a price-to-earnings ratio of 480.59. The company has a quick ratio of 3.00, a current ratio of 3.08 and a debt-to-equity ratio of 0.20. SpaceX has a 1-year low of $104.83 and a 1-year high of $225.64.

Read Our Latest Research Report on SPCX

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 RKLB stock traded down $6.74 on Thursday, hitting $45.63. 26,507,623 shares of the stock were exchanged, compared to its average volume of 22,686,031. The company has a current ratio of 5.48, a quick ratio of 4.98 and a debt-to-equity ratio of 0.01. The firm has a market capitalization of $27.30 billion, a P/E ratio of -168.38 and a beta of 3.15. Rocket Lab has a fifty-two week low of $37.57 and a fifty-two week high of $151.00. The business has a 50-day moving average of $63.25 and a 200 day moving average of $79.38.

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.

Boeing stock traded down $6.78 during midday trading on Thursday, reaching $170.22. The stock had a trading volume of 6,203,811 shares, compared to its average volume of 7,143,251. The stock has a market capitalization of $134.89 billion, a P/E ratio of 18.54 and a beta of 1.34. The firm's fifty day simple moving average is $193.91 and its 200-day simple moving average is $216.17. The company has a debt-to-equity ratio of 6.31, a quick ratio of 0.34 and a current ratio of 1.13. Boeing has a 1-year low of $165.01 and a 1-year 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.

GE stock traded down $16.30 during mid-day trading on Thursday, reaching $313.15. The company had a trading volume of 3,133,793 shares, compared to its average volume of 5,138,098. The company has a market capitalization of $323.59 billion, a price-to-earnings ratio of 36.12, a PEG ratio of 2.18 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 stock has a 50 day simple moving average of $315.88 and a two-hundred day simple moving average of $323.12. 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

Parker-Hannifin (PH)

Parker-Hannifin Corporation manufactures and sells motion and control technologies and systems for various mobile, industrial, and aerospace markets worldwide. The company operates through two segments: Diversified Industrial and Aerospace Systems. The Diversified Industrial segment offers sealing, shielding, thermal products and systems, adhesives, coatings, and noise vibration and harshness solutions; filters, systems, and diagnostics solutions to ensure purity and remove contaminants from fuel, air, oil, water, and other liquids and gases; connectors used in fluid and gas handling; and hydraulic, pneumatic, and electromechanical components and systems for builders and users of mobile and industrial machinery and equipment.

Shares of NYSE:PH traded down $1.62 during midday trading on Thursday, hitting $908.57. The stock had a trading volume of 1,050,944 shares, compared to its average volume of 692,279. The company has a market cap of $114.58 billion, a P/E ratio of 31.84, a PEG ratio of 2.63 and a beta of 1.15. Parker-Hannifin has a 12 month low of $806.22 and a 12 month high of $1,099.94. The business's 50-day simple moving average is $951.20 and its 200-day simple moving average is $949.56. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 0.44.

Read Our Latest Research Report on PH

AST SpaceMobile (ASTS)

AST SpaceMobile stock traded down $5.42 during midday trading on Thursday, reaching $30.20. 22,453,434 shares of the company's stock were exchanged, compared to its average volume of 16,634,891. The stock's 50-day simple moving average is $53.34 and its 200 day simple moving average is $76.84. The firm has a market cap of $11.75 billion, a price-to-earnings ratio of -14.09 and a beta of 2.88. The company has a debt-to-equity ratio of 1.24, a quick ratio of 12.90 and a current ratio of 13.05. AST SpaceMobile has a 52 week low of $28.98 and a 52 week high of $133.86.

Read Our Latest Research Report on ASTS

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 traded down $46.29 during trading hours on Thursday, reaching $377.89. The company's stock had a trading volume of 1,507,990 shares, compared to its average volume of 1,044,002. The company's 50-day moving average is $451.99 and its 200-day moving average is $478.00. Axon Enterprise has a 52 week low of $339.01 and a 52 week high of $665.07. The firm has a market cap of $30.70 billion, a PE ratio of 156.82, a price-to-earnings-growth ratio of 7.92 and a beta of 1.48. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.80 and a current ratio of 2.15.

Read Our Latest Research Report on AXON

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