Best Space Stocks To Consider – August 12th

Alphabet, Boeing, Berkshire Hathaway, AST SpaceMobile, Rocket Lab, GE Aerospace, and Atlassian 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 businesses involve space exploration, satellite manufacturing, launch services or space-based technologies. By investing in these equities, shareholders gain exposure to the commercial space economy’s growth drivers—such as satellite broadband, earth observation and emerging space tourism. Prominent examples range from established defense contractors diversifying into space (e.g., Northrop Grumman) to pure‐play newcomers like Virgin Galactic. 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 up $2.95 during midday trading on Tuesday, hitting $203.95. The company’s stock had a trading volume of 20,827,530 shares, compared to its average volume of 36,743,887. The firm’s 50-day moving average is $181.53 and its 200-day moving average is $172.81. The company has a market cap of $2.47 trillion, a PE ratio of 21.71, a P/E/G ratio of 1.36 and a beta of 1.01. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.07. Alphabet has a 12 month low of $140.53 and a 12 month high of $207.05.

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 $5.22 on Tuesday, hitting $231.18. 5,083,537 shares of the company traded hands, compared to its average volume of 8,458,948. The company has a market capitalization of $174.81 billion, a price-to-earnings ratio of -14.02 and a beta of 1.48. The business’s 50 day moving average price is $217.68 and its 200-day moving average price is $191.12. Boeing has a 52-week low of $128.88 and a 52-week high of $242.69.

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.

Shares of Berkshire Hathaway stock traded up $5.65 during trading hours on Tuesday, hitting $470.38. The company’s stock had a trading volume of 2,134,282 shares, compared to its average volume of 4,881,189. The company has a market cap of $1.01 trillion, a PE ratio of 16.13, a PEG ratio of 3.24 and a beta of 0.81. Berkshire Hathaway has a 12-month low of $425.90 and a 12-month high of $542.07. The business has a 50 day moving average price of $480.69 and a two-hundred day moving average price of $497.08.

AST SpaceMobile (ASTS)

NASDAQ ASTS traded up $4.24 during trading hours on Tuesday, hitting $50.16. 18,065,300 shares of the company were exchanged, compared to its average volume of 12,038,732. The stock has a 50-day moving average price of $46.76 and a 200 day moving average price of $32.82. The company has a quick ratio of 10.62, a current ratio of 10.62 and a debt-to-equity ratio of 0.60. AST SpaceMobile has a 52 week low of $17.50 and a 52 week high of $60.95. The stock has a market cap of $15.88 billion, a PE ratio of -25.34 and a beta of 2.33.

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.

NASDAQ:RKLB traded down $1.20 during midday trading on Tuesday, hitting $43.82. The stock had a trading volume of 16,864,664 shares, compared to its average volume of 19,995,719. The company has a quick ratio of 1.72, a current ratio of 2.08 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $20.22 billion, a price-to-earnings ratio of -97.26 and a beta of 2.17. Rocket Lab has a one year low of $5.03 and a one year high of $53.44. The stock has a 50-day moving average of $37.92 and a 200 day moving average of $27.91.

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 $4.61 during midday trading on Tuesday, reaching $279.81. The stock had a trading volume of 2,178,447 shares, compared to its average volume of 6,073,258. The stock has a market cap of $296.72 billion, a PE ratio of 39.03, a P/E/G ratio of 2.96 and a beta of 1.44. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.73 and a current ratio of 1.04. The firm has a fifty day simple moving average of $255.87 and a two-hundred day simple moving average of $222.43. GE Aerospace has a 52-week low of $159.36 and a 52-week high of $280.54.

Atlassian (TEAM)

Atlassian Corporation, through its subsidiaries, designs, develops, licenses, and maintains various software products worldwide. Its product portfolio includes Jira Software and Jira Work Management, a project management system that connects technical and business teams so they can better plan, organize, track and manage their work and projects; Confluence, a connected workspace that organizes knowledge across all teams to move work forward; and Trello, a collaboration and organization product that captures and adds structure to fluid and fast-forming work for teams.

Shares of Atlassian stock traded down $1.44 on Tuesday, hitting $157.84. 3,682,854 shares of the company were exchanged, compared to its average volume of 2,378,167. The stock has a market capitalization of $41.43 billion, a price-to-earnings ratio of -159.56 and a beta of 0.96. The company has a 50-day moving average price of $198.47 and a 200 day moving average price of $224.83. Atlassian has a 1-year low of $139.23 and a 1-year high of $326.00. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.72.