Free Trial

Telecom Stocks To Follow Today - November 12th

SpaceX logo with Communication Services background
Image from MarketBeat Media, LLC.

Key Points

  • SpaceX, AT&T, Verizon, T-Mobile, and Millicom were identified as telecom stocks to watch based on their recent dollar trading volume.
  • Thursday trading was mixed: SpaceX and Verizon rose slightly, while AT&T and T-Mobile edged down; Millicom fell $7.76 to $81.67.
  • The companies span satellite communications, U.S. wireless and broadband, and Latin American cable and mobile services, with investors weighing recurring revenue against infrastructure costs, competition, and other industry risks.
  • Five stocks we like better than SpaceX.

SpaceX, AT&T, Verizon Communications, T-Mobile US, and Millicom International Cellular are the five Telecom stocks to watch today, according to MarketBeat's stock screener tool. Telecom stocks are shares in companies that provide communications services or infrastructure, such as wireless and broadband networks, phone services, cell towers, and related equipment. Investors may value them for recurring customer revenue and dividends, while weighing risks such as heavy infrastructure costs, regulation, competition, and rapid technological change. 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.

Shares of SPCX traded up $2.60 during trading hours on Thursday, hitting $142.35. The stock had a trading volume of 68,405,379 shares, compared to its average volume of 103,374,406. SpaceX has a 12-month low of $104.83 and a 12-month high of $225.64. The company has a market capitalization of $1.93 trillion and a price-to-earnings ratio of 546.15. 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 stock has a fifty day simple moving average of $149.13.

Read Our Latest Research Report on SPCX

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 down $0.02 during trading on Thursday, reaching $22.24. 15,956,302 shares of the stock were exchanged, compared to its average volume of 48,610,055. The company has a quick ratio of 0.82, a current ratio of 0.87 and a debt-to-equity ratio of 1.22. AT&T has a twelve month low of $19.89 and a twelve month high of $29.43. The business's 50-day moving average price is $23.72 and its 200 day moving average price is $24.89. The company has a market capitalization of $149.80 billion, a price-to-earnings ratio of 12.04, a price-to-earnings-growth ratio of 1.08 and a beta of 0.30.

Read Our Latest Research Report on T

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 $0.14 on Thursday, hitting $46.73. 6,881,042 shares of the company were exchanged, compared to its average volume of 27,171,734. 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 twelve month low of $38.68 and a twelve month high of $51.68. The firm has a market capitalization of $193.70 billion, a P/E ratio of 11.94, a price-to-earnings-growth ratio of 1.88 and a beta of 0.28. The company's 50 day moving average price is $46.39 and its 200-day moving average price is $47.00.

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 NASDAQ:TMUS traded down $0.23 during trading on Thursday, reaching $171.94. 1,542,405 shares of the company traded hands, compared to its average volume of 5,727,450. The firm has a fifty day simple moving average of $164.28 and a 200 day simple moving average of $185.96. The company has a quick ratio of 0.78, a current ratio of 0.91 and a debt-to-equity ratio of 1.45. T-Mobile US has a 1-year low of $143.75 and a 1-year high of $224.75. The firm has a market cap of $182.13 billion, a P/E ratio of 16.61, a price-to-earnings-growth ratio of 0.98 and a beta of 0.40.

Read Our Latest Research Report on TMUS

Millicom International Cellular (TIGO)

Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.

Shares of NASDAQ:TIGO traded down $7.76 on Thursday, reaching $81.67. The company had a trading volume of 2,943,790 shares, compared to its average volume of 1,365,443. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 3.41. The stock has a market capitalization of $13.80 billion, a P/E ratio of 24.10 and a beta of 1.00. The stock has a 50-day moving average price of $87.07 and a 200 day moving average price of $83.71. Millicom International Cellular has a twelve month low of $49.40 and a twelve month high of $107.13.

Read Our Latest Research Report on TIGO

Recommended Stories

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.

Should You Invest $1,000 in SpaceX Right Now?

Before you consider SpaceX, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SpaceX wasn't on the list.

While SpaceX currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Stocks Powering The Next AI Boom  Cover

The AI boom is creating opportunities across semiconductors, cloud computing, enterprise software, infrastructure, cybersecurity, and automation.

Inside this report, you’ll find 10 companies positioned to benefit as artificial intelligence moves from hype to real-world deployment and becomes a core growth driver for corporate America.

Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.

Featured Articles and Offers

Related Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines