Shopify, Blackstone, and United Parcel Service are the three Shipping stocks to watch today, according to MarketBeat's stock screener tool. Shipping stocks are shares of publicly traded companies whose primary business is the maritime transportation of cargo, such as container ships, bulk carriers and tankers. Investors in shipping stocks gain exposure to global trade volumes, freight rates and fuel costs, making these equities sensitive to economic cycles, trade policy and shipping industry regulations. 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.
Shares of NYSE SHOP traded down $3.11 during midday trading on Friday, reaching $112.05. 4,556,550 shares of the stock were exchanged, compared to its average volume of 9,301,957. Shopify has a 12 month low of $48.56 and a 12 month high of $129.38. The company has a market capitalization of $145.37 billion, a price-to-earnings ratio of 72.29, a P/E/G ratio of 4.82 and a beta of 2.61. The business has a 50-day simple moving average of $107.60 and a two-hundred day simple moving average of $104.93.
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.
Shares of NYSE:BX traded down $1.85 during trading on Friday, hitting $162.21. 2,456,938 shares of the company's stock traded hands, compared to its average volume of 3,885,800. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 0.67. The company has a market cap of $118.36 billion, a price-to-earnings ratio of 48.86, a price-to-earnings-growth ratio of 1.46 and a beta of 1.65. The company has a 50-day moving average price of $143.19 and a 200-day moving average price of $151.07. Blackstone has a 52 week low of $115.66 and a 52 week high of $200.96.
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 UPS stock traded down $1.67 during trading hours on Friday, hitting $101.25. 2,886,045 shares of the company were exchanged, compared to its average volume of 5,248,093. United Parcel Service has a 52 week low of $90.55 and a 52 week high of $148.15. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 1.24. The business has a 50 day moving average of $99.32 and a two-hundred day moving average of $109.23. The company has a market capitalization of $85.74 billion, a PE ratio of 14.76, a PEG ratio of 1.96 and a beta of 1.21.
Read Our Latest Research Report on UPS
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