Space Stocks To Add to Your Watchlist – July 13th

Alphabet, Berkshire Hathaway, and GE Aerospace are the three Space stocks to watch today, according to MarketBeat’s stock screener tool. Space stocks are shares of publicly traded companies that develop, manufacture or operate space‐related technologies—ranging from satellite communications and earth‐observation systems to launch vehicles, space tourism and in‐orbit infrastructure. By buying these equities, investors gain exposure to the rapidly expanding commercial space economy, which is driven by government contracts, private innovation and growing demand for connectivity and data services. Because space ventures require heavy upfront investment and face technological, regulatory and geopolitical risks, these stocks often exhibit higher volatility and longer development horizons than many traditional aerospace or industrial equities. 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.

Alphabet stock traded up $2.57 during midday trading on Friday, reaching $180.19. 34,243,157 shares of the stock were exchanged, compared to its average volume of 31,915,001. The company’s fifty day moving average is $170.32 and its 200-day moving average is $173.31. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.77 and a current ratio of 1.77. The firm has a market cap of $2.19 trillion, a PE ratio of 20.09, a PEG ratio of 1.27 and a beta of 1.00. Alphabet has a 52 week low of $140.53 and a 52 week high of $207.05.

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.

Berkshire Hathaway stock traded down $2.50 during midday trading on Friday, reaching $475.77. 4,412,569 shares of the stock were exchanged, compared to its average volume of 4,426,202. Berkshire Hathaway has a 52 week low of $406.11 and a 52 week high of $542.07. The firm has a market cap of $1.03 trillion, a PE ratio of 12.68, a PEG ratio of 3.31 and a beta of 0.83. The company’s fifty day moving average is $495.71 and its 200-day moving average is $494.32.

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.

GE stock traded up $2.92 during midday trading on Friday, reaching $255.49. The company had a trading volume of 7,838,134 shares, compared to its average volume of 5,547,749. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.08 and a quick ratio of 0.77. GE Aerospace has a 1 year low of $150.20 and a 1 year high of $260.55. The company has a market capitalization of $272.45 billion, a P/E ratio of 39.73, a P/E/G ratio of 3.08 and a beta of 1.37. The firm has a 50-day moving average price of $239.17 and a 200-day moving average price of $208.78.