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Shipping Stocks To Add to Your Watchlist - August 12th

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Key Points

  • The article highlights seven shipping stocks to watch, including Shopify, Blackstone, and United Parcel Service, which have shown the highest trading volumes recently.
  • Shopify's stock increased to $149.30, illustrating a significant rise from its twelve month low of $65.86, with a market capitalization of $193.70 billion.
  • United Parcel Service (UPS)** shares traded at $87.40, reflecting an upward trend, while the company has a market capitalization of $74.01 billion and a PE ratio of 13.01.
  • Looking to export and analyze Shopify data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shopify, Blackstone, United Parcel Service, Etsy, Carrier Global, BWX Technologies, and Rio Tinto are the seven Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are the equity shares of companies that own and operate commercial vessels—such as container ships, bulk carriers and tankers—to transport goods across global sea routes. Their market value tends to fluctuate with changes in international trade volumes, freight rates, fuel costs and broader economic or regulatory developments. These companies had the highest dollar trading volume of any Shipping stocks within the last several days.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

SHOP stock traded up $1.80 during trading on Tuesday, reaching $149.30. 7,136,841 shares of the stock were exchanged, compared to its average volume of 10,517,890. Shopify has a twelve month low of $65.86 and a twelve month high of $156.85. The company has a market capitalization of $193.70 billion, a P/E ratio of 96.32, a price-to-earnings-growth ratio of 4.82 and a beta of 2.63. The stock has a 50 day simple moving average of $118.32 and a 200-day simple moving average of $108.15.

Read Our Latest Research Report on SHOP

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

BX traded up $3.66 during midday trading on Tuesday, reaching $173.73. 3,977,262 shares of the company's stock were exchanged, compared to its average volume of 4,235,414. The business has a 50-day simple moving average of $156.23 and a two-hundred day simple moving average of $149.92. Blackstone has a one year low of $115.66 and a one year high of $200.96. The firm has a market capitalization of $126.76 billion, a price-to-earnings ratio of 46.70, a price-to-earnings-growth ratio of 1.38 and a beta of 1.71. The company has a quick ratio of 0.75, a current ratio of 0.74 and a debt-to-equity ratio of 0.61.

Read Our Latest Research Report on BX

United Parcel Service (UPS)

United Parcel Service, Inc., a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

Shares of NYSE:UPS traded up $1.09 during trading on Tuesday, reaching $87.40. The stock had a trading volume of 7,163,711 shares, compared to its average volume of 6,324,172. United Parcel Service has a 52 week low of $84.28 and a 52 week high of $145.01. The business's 50-day moving average price is $98.02 and its 200 day moving average price is $103.91. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market capitalization of $74.01 billion, a PE ratio of 13.01, a P/E/G ratio of 1.58 and a beta of 1.12.

Read Our Latest Research Report on UPS

Etsy (ETSY)

Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items.

Shares of NASDAQ:ETSY traded up $4.72 during trading on Tuesday, reaching $66.49. The stock had a trading volume of 8,056,442 shares, compared to its average volume of 4,842,545. Etsy has a 52 week low of $40.05 and a 52 week high of $68.45. The business's 50-day moving average price is $57.64 and its 200 day moving average price is $51.69. The stock has a market capitalization of $6.59 billion, a PE ratio of 53.62, a P/E/G ratio of 3.87 and a beta of 1.73.

Read Our Latest Research Report on ETSY

Carrier Global (CARR)

Carrier Global Corporation provides heating, ventilating, and air conditioning (HVAC), refrigeration, fire, security, and building automation technologies in the United States, Europe, the Asia Pacific, and internationally. It operates through three segments: HVAC, Refrigeration, and Fire & Security.

Shares of NYSE:CARR traded up $0.89 during trading on Tuesday, reaching $65.77. The stock had a trading volume of 2,953,128 shares, compared to its average volume of 5,300,813. Carrier Global has a 52 week low of $54.22 and a 52 week high of $83.32. The business's 50-day moving average price is $72.73 and its 200 day moving average price is $68.15. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.17 and a quick ratio of 0.80. The stock has a market capitalization of $55.97 billion, a PE ratio of 14.33, a P/E/G ratio of 1.81 and a beta of 1.25.

Read Our Latest Research Report on CARR

BWX Technologies (BWXT)

BWX Technologies, Inc., together with its subsidiaries, manufactures and sells nuclear components in the United States, Canada, and internationally. It operates through two segments, Government Operations and Commercial Operations. The Government Operations segment designs and manufactures naval nuclear components, reactors, and nuclear fuel; fabrication activities; and supplies proprietary and sole-source valves, manifolds, and fittings to naval and commercial shipping customers.

BWXT stock traded up $1.68 during trading on Tuesday, hitting $179.57. The company had a trading volume of 1,081,396 shares, compared to its average volume of 1,122,080. The company has a quick ratio of 1.60, a current ratio of 1.69 and a debt-to-equity ratio of 1.28. BWX Technologies has a 12 month low of $84.21 and a 12 month high of $189.25. The stock has a market cap of $16.41 billion, a price-to-earnings ratio of 56.12, a PEG ratio of 4.19 and a beta of 0.73. The firm has a 50-day moving average price of $144.81 and a 200-day moving average price of $119.76.

Read Our Latest Research Report on BWXT

Rio Tinto (RIO)

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore, Aluminium, Copper, and Minerals Segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum segment is involved in bauxite mining; alumina refining; and aluminium smelting.

Shares of RIO traded up $1.00 during trading hours on Tuesday, hitting $63.14. 3,013,330 shares of the stock traded hands, compared to its average volume of 3,378,357. The company has a current ratio of 1.53, a quick ratio of 1.03 and a debt-to-equity ratio of 0.37. Rio Tinto has a 1-year low of $51.67 and a 1-year high of $72.08. The firm has a market capitalization of $79.18 billion, a PE ratio of 9.79 and a beta of 0.64. The business has a fifty day moving average of $59.58 and a 200-day moving average of $60.28.

Read Our Latest Research Report on RIO

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