Shopify, Etsy, United Parcel Service, Blackstone, and Rio Tinto Group are the five Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of publicly traded companies whose main business is transporting goods by sea, such as container liners, bulk carriers and tankers. Their performance is closely tied to global trade volumes, freight rates and shipping industry cycles. Investors often consider factors like fuel costs, shipbuilding capacity and economic growth when evaluating these stocks. 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.
NYSE SHOP traded up $0.59 during trading hours on Thursday, hitting $107.70. The company's stock had a trading volume of 6,044,197 shares, compared to its average volume of 9,441,276. The company has a market capitalization of $139.46 billion, a PE ratio of 69.49, a price-to-earnings-growth ratio of 4.82 and a beta of 2.66. Shopify has a 52 week low of $48.56 and a 52 week high of $129.38. The company's 50-day simple moving average is $95.45 and its two-hundred day simple moving average is $105.03.
Read Our Latest Research Report on SHOP
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 $1.59 during mid-day trading on Thursday, hitting $53.04. 6,791,381 shares of the company traded hands, compared to its average volume of 3,956,784. The stock has a 50-day moving average price of $45.87 and a two-hundred day moving average price of $50.66. Etsy has a 12-month low of $40.05 and a 12-month high of $66.93. The stock has a market cap of $5.53 billion, a P/E ratio of 22.38, a P/E/G ratio of 2.57 and a beta of 1.78.
Read Our Latest Research Report on ETSY
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 UPS stock traded up $1.32 on Thursday, hitting $98.06. The stock had a trading volume of 3,606,564 shares, compared to its average volume of 5,133,560. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.17 and a quick ratio of 1.14. The business has a 50 day moving average of $99.17 and a 200 day moving average of $115.69. United Parcel Service has a 12-month low of $90.55 and a 12-month high of $148.15. The stock has a market cap of $83.03 billion, a price-to-earnings ratio of 14.51, a price-to-earnings-growth ratio of 1.55 and a beta of 1.23.
Read Our Latest Research Report on UPS
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.
Shares of NYSE BX traded up $0.33 during midday trading on Thursday, reaching $138.74. The company's stock had a trading volume of 1,628,911 shares, compared to its average volume of 3,783,803. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.67 and a quick ratio of 0.71. The stock has a market capitalization of $101.23 billion, a P/E ratio of 38.22, a PEG ratio of 1.07 and a beta of 1.67. The firm has a 50 day moving average price of $136.36 and a 200-day moving average price of $159.75. Blackstone has a 12-month low of $115.66 and a 12-month high of $200.96.
Read Our Latest Research Report on BX
Rio Tinto Group (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.
RIO stock traded up $0.24 during midday trading on Thursday, hitting $60.19. The company's stock had a trading volume of 3,171,537 shares, compared to its average volume of 2,868,976. The stock has a market cap of $75.47 billion, a price-to-earnings ratio of 9.33, a PEG ratio of 0.42 and a beta of 0.73. The company has a quick ratio of 1.16, a current ratio of 1.63 and a debt-to-equity ratio of 0.23. The stock's 50-day moving average price is $59.51 and its 200 day moving average price is $60.82. Rio Tinto Group has a 1 year low of $51.67 and a 1 year high of $72.08.
Read Our Latest Research Report on RIO
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