Space Stocks To Follow Today - June 2nd

Alphabet, Berkshire Hathaway, Boeing, GE Aerospace, and Lockheed Martin are the five Space stocks to watch today, according to MarketBeat's stock screener tool. Space stocks are shares of public companies whose core businesses involve the space industry, including satellite manufacturing and operation, launch services, space tourism, and related infrastructure. Investors buy these stocks to gain exposure to the commercial and governmental activities driving orbital launches, telecommunications, earth observation, and emerging ventures in low-Earth orbit and beyond. As the space economy expands, performance of space stocks can reflect both technological breakthroughs and geopolitical or regulatory developments. These companies had the highest dollar trading volume of any Space stocks within the last several days.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of NASDAQ:GOOGL traded down $2.82 during midday trading on Monday, reaching $168.92. The company's stock had a trading volume of 22,232,039 shares, compared to its average volume of 29,920,629. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84. Alphabet has a fifty-two week low of $140.53 and a fifty-two week high of $207.05. The company has a market capitalization of $2.05 trillion, a P/E ratio of 20.97, a P/E/G ratio of 1.34 and a beta of 1.01. The business's fifty day simple moving average is $159.10 and its 200-day simple moving average is $174.56.

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Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

BRK.B traded down $2.11 during midday trading on Monday, reaching $501.86. 2,602,544 shares of the company were exchanged, compared to its average volume of 4,336,400. Berkshire Hathaway has a one year low of $403.33 and a one year high of $542.07. The stock has a market capitalization of $1.08 trillion, a P/E ratio of 10.13, a PEG ratio of 3.45 and a beta of 0.88. The stock's 50-day simple moving average is $517.17 and its 200 day simple moving average is $490.09.

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Boeing (BA)

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.

Shares of NYSE:BA traded up $4.81 during trading on Monday, hitting $212.13. 4,953,676 shares of the company's stock traded hands, compared to its average volume of 9,220,553. Boeing has a 52 week low of $128.88 and a 52 week high of $212.28. The company has a market cap of $159.95 billion, a price-to-earnings ratio of -11.57 and a beta of 1.41. The company has a 50-day moving average price of $178.83 and a 200-day moving average price of $172.69.

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GE Aerospace (GE)

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

Shares of NYSE:GE traded up $1.15 during trading on Monday, hitting $247.06. 3,332,705 shares of the company's stock traded hands, compared to its average volume of 5,347,834. GE Aerospace has a 52 week low of $150.20 and a 52 week high of $248.04. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88. The company has a market cap of $263.46 billion, a price-to-earnings ratio of 41.22, a price-to-earnings-growth ratio of 2.59 and a beta of 1.31. The company has a 50-day moving average price of $205.20 and a 200-day moving average price of $193.78.

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Lockheed Martin (LMT)

Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. The company operates through Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space segments.

NYSE LMT traded down $2.84 on Monday, reaching $476.24. The company had a trading volume of 671,880 shares, compared to its average volume of 1,295,404. The firm has a market capitalization of $111.58 billion, a price-to-earnings ratio of 21.38, a price-to-earnings-growth ratio of 2.07 and a beta of 0.29. The company has a debt-to-equity ratio of 3.10, a quick ratio of 0.95 and a current ratio of 1.13. Lockheed Martin has a 1-year low of $418.88 and a 1-year high of $618.95. The company's fifty day moving average is $464.02 and its 200-day moving average is $473.45.

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