Telecom Stocks Worth Watching - November 13th

Key Points

• Seven telecom stocks flagged as high-trading-volume names were SpaceX, Verizon, AT&T, AST SpaceMobile, T-Mobile US, Millicom International Cellular, and SK Telecom.
• Friday trading was mixed: SpaceX, AT&T, and SK Telecom edged higher, while Verizon, AST SpaceMobile, T-Mobile, and Millicom fell.
• AST SpaceMobile had the sharpest reported decline, dropping $1.69 to $32.81; its shares were well below their 50-day and 200-day moving averages.

SpaceX, Verizon Communications, AT&T, AST SpaceMobile, T-Mobile US, Millicom International Cellular, and SK Telecom are the seven 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, internet, phone, and cable networks. For investors, they represent ownership in these businesses and may offer income through dividends, though their performance can be affected by competition, regulation, and the cost of maintaining networks. 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 $0.06 during trading hours on Friday, hitting $140.00. 50,526,458 shares of the company were exchanged, compared to its average volume of 103,119,773. The stock has a 50-day moving average price of $149.12. The company has a current ratio of 3.08, a quick ratio of 3.00 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $1.90 trillion and a PE ratio of 538.49. SpaceX has a 52 week low of $104.83 and a 52 week high of $225.64.

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 $0.14 during midday trading on Friday, reaching $46.41. 7,329,877 shares of the stock traded hands, compared to its average volume of 27,118,926. The business has a 50-day moving average of $46.32 and a two-hundred day moving average of $47.03. Verizon Communications has a 12-month low of $38.68 and a 12-month high of $51.68. The stock has a market capitalization of $192.35 billion, a PE ratio of 11.84, a price-to-earnings-growth ratio of 1.89 and a beta of 0.28. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.58 and a current ratio of 0.63.

Read Our Latest Research Report on VZ

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 T traded up $0.01 during trading hours on Friday, reaching $22.20. 14,724,468 shares of the company traded hands, compared to its average volume of 48,583,348. 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 12-month low of $19.89 and a 12-month high of $29.43. The stock has a market capitalization of $149.52 billion, a P/E ratio of 11.99, a P/E/G ratio of 1.10 and a beta of 0.30. The business has a fifty day moving average price of $23.65 and a 200-day moving average price of $24.88.

Read Our Latest Research Report on T

AST SpaceMobile (ASTS)

Shares of ASTS traded down $1.69 during mid-day trading on Friday, reaching $32.81. The company had a trading volume of 9,035,659 shares, compared to its average volume of 16,793,490. The stock has a 50 day moving average of $50.29 and a two-hundred day moving average of $74.53. The company has a quick ratio of 12.90, a current ratio of 13.65 and a debt-to-equity ratio of 1.89. The stock has a market capitalization of $12.77 billion, a P/E ratio of -15.41 and a beta of 2.88. AST SpaceMobile has a 52-week low of $27.58 and a 52-week high of $133.86.

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.

T-Mobile US stock traded down $0.73 during mid-day trading on Friday, hitting $170.30. The company had a trading volume of 1,038,729 shares, compared to its average volume of 5,718,142. The company has a current ratio of 0.91, a quick ratio of 0.78 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $180.39 billion, a price-to-earnings ratio of 16.44, a P/E/G ratio of 0.99 and a beta of 0.40. The company's fifty day moving average is $163.96 and its 200-day moving average is $185.88. T-Mobile US has a 12-month low of $143.75 and a 12-month high of $224.75.

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 TIGO traded down $2.69 during trading hours on Friday, hitting $78.14. The stock had a trading volume of 1,062,741 shares, compared to its average volume of 1,372,749. The firm has a 50-day moving average price of $86.78 and a 200 day moving average price of $83.81. Millicom International Cellular has a fifty-two week low of $49.40 and a fifty-two week high of $107.13. The firm has a market capitalization of $13.21 billion, a price-to-earnings ratio of 23.00 and a beta of 1.00. The company has a debt-to-equity ratio of 3.41, a quick ratio of 0.51 and a current ratio of 0.55.

Read Our Latest Research Report on TIGO

SK Telecom (SKM)

SK Telecom Co., Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices.

SKM stock traded up $0.27 during midday trading on Friday, hitting $34.39. 1,582,980 shares of the stock traded hands, compared to its average volume of 1,990,283. SK Telecom has a 1-year low of $19.66 and a 1-year high of $47.18. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.25 and a quick ratio of 1.22. The stock's fifty day simple moving average is $34.14 and its 200-day simple moving average is $34.14. The firm has a market cap of $13.20 billion, a P/E ratio of 12.42 and a beta of 0.78.

Read Our Latest Research Report on SKM

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