Shipping Stocks To Follow Today – August 11th

Shopify, United Parcel Service, Blackstone, ZIM Integrated Shipping Services, and Etsy are the five Shipping stocks to watch today, according to MarketBeat’s stock screener tool. Shipping stocks are shares of publicly traded companies whose core business is the maritime transport of goods—ranging from container and bulk carriers to oil and gas tankers. Their performance is closely tied to global trade volumes, freight‐rate fluctuations, fuel costs and fleet capacity. Investors often track shipping indices (e.g. the Baltic Dry Index) as a gauge of sector health and broader economic activity. 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 SHOP traded down $2.11 during mid-day trading on Monday, reaching $147.50. The stock had a trading volume of 10,081,674 shares, compared to its average volume of 10,536,712. The business’s fifty day moving average is $117.50 and its 200 day moving average is $107.87. The firm has a market cap of $191.36 billion, a price-to-earnings ratio of 95.16, a P/E/G ratio of 4.82 and a beta of 2.63. Shopify has a 52-week low of $65.86 and a 52-week high of $156.85.

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 United Parcel Service stock traded down $0.35 on Monday, reaching $86.32. The company had a trading volume of 8,639,468 shares, compared to its average volume of 6,311,869. The firm’s 50 day moving average price is $98.23 and its two-hundred day moving average price is $104.23. The firm has a market cap of $73.10 billion, a PE ratio of 12.85, a PEG ratio of 1.58 and a beta of 1.12. United Parcel Service has a 52-week low of $84.28 and a 52-week high of $145.01. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.32 and a current ratio of 1.32.

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 up $1.23 during midday trading on Monday, hitting $170.14. The company’s stock had a trading volume of 2,597,602 shares, compared to its average volume of 4,245,570. The business’s fifty day simple moving average is $155.60 and its two-hundred day simple moving average is $150.04. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.74 and a quick ratio of 0.75. Blackstone has a 1 year low of $115.66 and a 1 year high of $200.96. The firm has a market capitalization of $124.14 billion, a price-to-earnings ratio of 45.74, a price-to-earnings-growth ratio of 1.38 and a beta of 1.71.

ZIM Integrated Shipping Services (ZIM)

ZIM Integrated Shipping Services Ltd., together with its subsidiaries, provides container shipping and related services in Israel and internationally. It provides door-to-door and port-to-port transportation services for various types of customers, including end-users, consolidators, and freight forwarders.

Shares of NYSE ZIM traded up $2.34 during midday trading on Monday, hitting $17.84. The company’s stock had a trading volume of 23,384,304 shares, compared to its average volume of 6,194,906. The business’s fifty day simple moving average is $16.30 and its two-hundred day simple moving average is $16.75. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.18 and a quick ratio of 1.10. ZIM Integrated Shipping Services has a 1 year low of $11.03 and a 1 year high of $30.15. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 0.91, a price-to-earnings-growth ratio of 0.21 and a beta of 1.75.

Etsy (ETSY)

Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items.

Shares of NASDAQ ETSY traded up $0.86 during midday trading on Monday, hitting $61.77. The company’s stock had a trading volume of 5,538,277 shares, compared to its average volume of 4,805,940. The business’s fifty day simple moving average is $57.58 and its two-hundred day simple moving average is $51.62. Etsy has a 1 year low of $40.05 and a 1 year high of $68.45. The firm has a market capitalization of $6.12 billion, a price-to-earnings ratio of 49.81, a price-to-earnings-growth ratio of 3.87 and a beta of 1.73.