Telecom Stocks To Watch Now - November 7th

Key Points

• Five telecom stocks drew the most recent trading activity: SpaceX, Verizon, AST SpaceMobile, T-Mobile US and AT&T, according to MarketBeat’s screener.
• In Friday’s session, SpaceX, AST SpaceMobile and T-Mobile shares rose, while Verizon and AT&T declined. SpaceX traded at $134.27 on about 114.7 million shares, and AST SpaceMobile closed at $32.33.
• Several stocks remained well below their recent highs: AST SpaceMobile was far below its $133.86 52-week high, while T-Mobile at $162.01 was below its $224.75 high; Verizon and AT&T were closer to their respective 52-week ranges.

SpaceX, Verizon Communications, AST SpaceMobile, 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 companies that provide communications services or infrastructure, such as wireless and landline networks, broadband, and related equipment. Investors may value them for recurring customer revenue and dividends, while weighing risks such as heavy infrastructure costs, regulation, and competition. 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 NASDAQ:SPCX traded up $10.65 during trading on Friday, hitting $134.27. 114,740,906 shares of the company were exchanged, compared to its average volume of 102,187,288. The company has a 50 day moving average of $149.18. SpaceX has a 12-month low of $104.83 and a 12-month 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 market capitalization of $1.82 trillion and a PE ratio of 516.42.

Read Our Latest Research Report on SPCX

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 down $0.34 during trading hours on Friday, reaching $45.78. 24,150,900 shares of the company's stock were exchanged, compared to its average volume of 30,921,162. Verizon Communications has a 1-year low of $38.68 and a 1-year high of $51.68. The company has a quick ratio of 0.58, a current ratio of 0.63 and a debt-to-equity ratio of 1.33. The firm has a market capitalization of $189.74 billion, a price-to-earnings ratio of 11.68, a P/E/G ratio of 1.82 and a beta of 0.28. The company has a 50-day moving average of $46.62 and a 200 day moving average of $46.90.

Read Our Latest Research Report on VZ

AST SpaceMobile (ASTS)

AST SpaceMobile stock traded up $2.13 during trading hours on Friday, reaching $32.33. 32,613,890 shares of the stock were exchanged, compared to its average volume of 18,264,612. The stock has a market cap of $12.58 billion, a P/E ratio of -15.11 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 $27.58 and a 52-week high of $133.86. The firm's 50 day moving average is $52.17 and its 200 day moving average is $76.01.

Read Our Latest Research Report on ASTS

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.

TMUS traded up $1.42 on Friday, hitting $162.01. 5,615,022 shares of the company were exchanged, compared to its average volume of 7,313,568. The company has a debt-to-equity ratio of 1.45, a quick ratio of 0.78 and a current ratio of 0.91. The business's fifty day moving average is $164.96 and its 200 day moving average is $186.19. T-Mobile US has a fifty-two week low of $143.75 and a fifty-two week high of $224.75. The firm has a market capitalization of $171.61 billion, a P/E ratio of 15.64, a price-to-earnings-growth ratio of 0.93 and a beta of 0.40.

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.

T traded down $0.21 during midday trading on Friday, reaching $21.61. 40,034,569 shares of the company's stock were exchanged, compared to its average volume of 57,463,700. AT&T has a 1-year low of $19.89 and a 1-year high of $29.43. The stock has a market capitalization of $145.60 billion, a PE ratio of 11.68, a P/E/G ratio of 1.06 and a beta of 0.30. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.87 and a quick ratio of 0.82. The business's 50-day moving average price is $23.96 and its 200 day moving average price is $24.91.

Read Our Latest Research Report on T

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