Best Space Stocks To Follow Now – June 23rd

Alphabet, Rocket Lab, Berkshire Hathaway, GE Aerospace, and Boeing are the five Space stocks to watch today, according to MarketBeat’s stock screener tool. Space stocks are shares of publicly traded companies involved in the development, manufacture, launch and operation of spacecraft, satellites and related space‐based technologies. This category includes firms that build launch vehicles, provide satellite communications and Earth‐observation services, or support ground and orbital infrastructure. Investors in space stocks gain exposure to the commercial space economy and the technological innovations driving exploration, telecommunications and defense applications. 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.

GOOGL stock traded down $2.76 during midday trading on Monday, hitting $163.88. 36,105,189 shares of the stock were exchanged, compared to its average volume of 35,839,375. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.77 and a current ratio of 1.77. Alphabet has a fifty-two week low of $140.53 and a fifty-two week high of $207.05. The stock has a market cap of $1.99 trillion, a price-to-earnings ratio of 18.27, a PEG ratio of 1.06 and a beta of 1.01. The stock’s 50-day moving average price is $164.77 and its 200-day moving average price is $174.73.

Rocket Lab (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.

RKLB traded up $2.22 during trading on Monday, hitting $32.26. The company’s stock had a trading volume of 33,056,248 shares, compared to its average volume of 17,285,695. Rocket Lab has a twelve month low of $4.20 and a twelve month high of $33.34. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.08 and a quick ratio of 1.72. The firm’s 50 day moving average price is $24.37 and its 200-day moving average price is $23.88. The stock has a market cap of $14.63 billion, a PE ratio of -80.97 and a beta of 2.08.

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 up $0.66 on Monday, hitting $485.51. 2,089,186 shares of the stock were exchanged, compared to its average volume of 4,371,085. The stock has a fifty day moving average of $508.67 and a 200-day moving average of $491.73. The stock has a market cap of $1.05 trillion, a PE ratio of 12.93, a PEG ratio of 3.37 and a beta of 0.85. Berkshire Hathaway has a fifty-two week low of $403.82 and a fifty-two week high of $542.07.

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 GE Aerospace stock traded up $7.21 during trading hours on Monday, hitting $246.58. The company’s stock had a trading volume of 3,868,018 shares, compared to its average volume of 5,381,208. GE Aerospace has a 1-year low of $150.20 and a 1-year high of $257.47. The company has a market capitalization of $262.95 billion, a PE ratio of 38.34, a P/E/G ratio of 2.89 and a beta of 1.38. The company has a quick ratio of 0.77, a current ratio of 1.08 and a debt-to-equity ratio of 0.90. The business has a fifty day moving average of $221.93 and a 200 day moving average of $200.46.

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 Boeing stock traded up $2.56 during trading hours on Monday, hitting $201.31. 3,896,810 shares of the company’s stock traded hands, compared to its average volume of 9,439,802. The company has a market cap of $151.79 billion, a PE ratio of -11.24 and a beta of 1.43. Boeing has a twelve month low of $128.88 and a twelve month high of $218.80. The stock has a 50 day simple moving average of $193.38 and a 200-day simple moving average of $178.60.