Space Stocks Worth Watching – March 15th

Alphabet, Berkshire Hathaway, and Eaton are the three Space stocks to watch today, according to MarketBeat’s stock screener tool. Space stocks are shares of companies that are actively involved in the exploration, commercialization, and technological development of outer space. Investors in space stocks often support ventures ranging from satellite communications and space tourism to spacecraft manufacturing, recognizing the high-growth potential in an emerging industry. 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 GOOGL stock traded up $2.73 on Friday, reaching $165.49. The company’s stock had a trading volume of 31,966,064 shares, compared to its average volume of 30,160,998. The company has a quick ratio of 1.84, a current ratio of 1.84 and a debt-to-equity ratio of 0.03. Alphabet has a 12-month low of $140.03 and a 12-month high of $207.05. The company has a market capitalization of $2.02 trillion, a P/E ratio of 20.56, a PEG ratio of 1.34 and a beta of 1.02. The stock’s 50 day simple moving average is $185.70 and its 200-day simple moving average is $176.38.

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 $10.96 during trading hours on Friday, reaching $515.21. 5,771,797 shares of the stock traded hands, compared to its average volume of 3,558,730. The stock has a 50 day simple moving average of $477.27 and a two-hundred day simple moving average of $466.77. Berkshire Hathaway has a 1 year low of $395.66 and a 1 year high of $518.77. The company has a market cap of $1.11 trillion, a price-to-earnings ratio of 10.41, a price-to-earnings-growth ratio of 3.45 and a beta of 0.85.

Eaton (ETN)

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

Shares of NYSE:ETN traded up $10.83 on Friday, reaching $294.53. 3,316,800 shares of the company traded hands, compared to its average volume of 2,383,252. The business’s 50-day simple moving average is $316.31 and its 200 day simple moving average is $331.29. Eaton has a 52 week low of $255.65 and a 52 week high of $379.99. The stock has a market capitalization of $115.45 billion, a P/E ratio of 31.00, a price-to-earnings-growth ratio of 2.64 and a beta of 1.09. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.46.