Space Stocks To Keep An Eye On – May 28th

Alphabet, GE Aerospace, Berkshire Hathaway, Rocket Lab USA, Cadence Design Systems, Boeing, and L3Harris Technologies are the seven Space stocks to watch today, according to MarketBeat’s stock screener tool. Space stocks are shares of publicly traded companies whose core business involves the design, manufacture, launch or operation of spacecraft, satellites and related space‐based services. By investing in these equities—from established aerospace contractors to newer space‐tech firms—shareholders gain exposure to the rapidly growing commercial space economy and its unique technological and regulatory risks. 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 Alphabet stock traded down $0.39 during trading on Wednesday, reaching $172.51. The company’s stock had a trading volume of 19,449,275 shares, compared to its average volume of 29,742,411. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.03. The stock has a 50-day moving average price of $158.87 and a two-hundred day moving average price of $174.75. Alphabet has a one year low of $140.53 and a one year high of $207.05. The stock has a market capitalization of $2.09 trillion, a P/E ratio of 21.42, a price-to-earnings-growth ratio of 1.34 and a beta of 1.01.

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.

NYSE:GE traded up $2.43 during trading hours on Wednesday, reaching $244.21. 3,651,571 shares of the stock were exchanged, compared to its average volume of 5,339,241. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.09 and a quick ratio of 0.81. The stock has a market cap of $260.42 billion, a PE ratio of 40.75, a PEG ratio of 2.59 and a beta of 1.31. The firm has a 50 day moving average of $203.06 and a 200 day moving average of $192.40. GE Aerospace has a twelve month low of $150.20 and a twelve month high of $245.32.

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.

NYSE:BRK.B traded down $4.45 during trading hours on Wednesday, hitting $504.72. The company’s stock had a trading volume of 1,555,133 shares, compared to its average volume of 4,308,455. The stock has a fifty day simple moving average of $518.46 and a 200-day simple moving average of $489.33. Berkshire Hathaway has a twelve month low of $401.58 and a twelve month high of $542.07. The company has a market capitalization of $1.09 trillion, a P/E ratio of 10.19, a PEG ratio of 3.45 and a beta of 0.88.

Rocket Lab USA (RKLB)

Rocket Lab USA, Inc., a space company, provides launch services and space systems solutions for the space and defense industries. The company provides launch services, spacecraft design services, spacecraft components, spacecraft manufacturing, and other spacecraft and on-orbit management solutions; and constellation management services, as well as designs and manufactures small and medium-class rockets.

Shares of RKLB traded up $0.21 during mid-day trading on Wednesday, reaching $28.97. 23,768,277 shares of the company were exchanged, compared to its average volume of 16,206,535. The stock has a market capitalization of $13.14 billion, a PE ratio of -78.37 and a beta of 2.04. The business has a 50 day simple moving average of $21.26 and a two-hundred day simple moving average of $23.16. The company has a debt-to-equity ratio of 0.97, a quick ratio of 2.16 and a current ratio of 2.58. Rocket Lab USA has a 52 week low of $4.15 and a 52 week high of $33.34.

Cadence Design Systems (CDNS)

Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.

CDNS stock traded down $12.22 during midday trading on Wednesday, hitting $310.86. The company’s stock had a trading volume of 2,177,480 shares, compared to its average volume of 2,113,205. The company has a quick ratio of 2.27, a current ratio of 2.93 and a debt-to-equity ratio of 0.53. Cadence Design Systems has a 1 year low of $221.56 and a 1 year high of $328.99. The stock has a market cap of $84.88 billion, a price-to-earnings ratio of 80.42, a PEG ratio of 3.88 and a beta of 1.04. The stock’s 50-day moving average price is $281.65 and its 200 day moving average price is $287.85.

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.

NYSE BA traded up $1.03 during trading on Wednesday, reaching $202.06. The company’s stock had a trading volume of 3,041,951 shares, compared to its average volume of 9,133,142. The stock has a market capitalization of $152.35 billion, a PE ratio of -11.03 and a beta of 1.41. The firm has a fifty day moving average of $177.34 and a 200 day moving average of $171.19. Boeing has a one year low of $128.88 and a one year high of $209.66.

L3Harris Technologies (LHX)

L3Harris Technologies, Inc. provides mission-critical solutions for government and commercial customers worldwide. The company's Integrated Mission Systems segment provides intelligence, surveillance, and reconnaissance (ISR) systems, passive sensing and targeting, electronic attack, autonomy, power and communications, and networks and sensors, as well as advanced combat systems for air, land, and sea sectors.

Shares of L3Harris Technologies stock traded down $2.89 during trading on Wednesday, hitting $245.01. 1,675,626 shares of the stock traded hands, compared to its average volume of 1,081,444. The stock has a market cap of $45.80 billion, a price-to-earnings ratio of 31.11, a PEG ratio of 2.42 and a beta of 0.72. L3Harris Technologies has a 52 week low of $193.09 and a 52 week high of $265.74. The firm’s fifty day moving average is $218.24 and its 200-day moving average is $218.60. The company has a quick ratio of 0.90, a current ratio of 1.08 and a debt-to-equity ratio of 0.57.