Defense Stocks To Consider – February 03rd

Citigroup, Celestica, Boeing, Rocket Lab USA, and General Electric are the five Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks refer to stocks of companies that are involved in the production, development, and supply of equipment, technology, and services to military and defense sectors. These companies typically manufacture weapons, vehicles, communication systems, and other products used by armed forces and defense agencies for national security purposes. Investing in defense stocks can be influenced by geopolitical events, military contracts, and government spending on defense. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

Citigroup (C)

Citigroup Inc., a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

Shares of C stock traded down $1.46 during mid-day trading on Monday, hitting $79.42. 11,914,997 shares of the stock traded hands, compared to its average volume of 16,746,760. Citigroup has a twelve month low of $52.24 and a twelve month high of $82.77. The firm has a market cap of $150.20 billion, a price-to-earnings ratio of 13.34, a price-to-earnings-growth ratio of 0.64 and a beta of 1.44. The company’s 50-day simple moving average is $73.67 and its 200-day simple moving average is $66.63. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.96 and a current ratio of 0.96.

Celestica (CLS)

Celestica Inc. provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.

Shares of CLS traded up $0.26 during trading hours on Monday, hitting $123.73. 5,676,075 shares of the company were exchanged, compared to its average volume of 4,791,564. The company has a market capitalization of $14.40 billion, a PE ratio of 33.08 and a beta of 2.25. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.87. The firm has a fifty day simple moving average of $98.48 and a 200-day simple moving average of $72.36. Celestica has a one year low of $35.56 and a one year high of $133.66.

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 $0.79 during midday trading on Monday, hitting $177.31. The company’s stock had a trading volume of 3,472,745 shares, compared to its average volume of 8,498,835. The firm has a market capitalization of $109.61 billion, a P/E ratio of -9.67 and a beta of 1.52. The stock has a 50-day simple moving average of $169.50 and a 200-day simple moving average of $164.05. Boeing has a 1-year low of $137.03 and a 1-year high of $213.77.

Rocket Lab USA (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 down $0.15 during trading on Monday, reaching $28.90. 12,969,440 shares of the stock traded hands, compared to its average volume of 20,018,074. The stock’s 50-day simple moving average is $26.07 and its two-hundred day simple moving average is $15.07. The company has a debt-to-equity ratio of 0.97, a current ratio of 2.58 and a quick ratio of 2.16. Rocket Lab USA has a fifty-two week low of $3.47 and a fifty-two week high of $33.34. The stock has a market cap of $14.45 billion, a price-to-earnings ratio of -78.08 and a beta of 1.99.

General Electric (GE)

General Electric Company, doing business as GE Aerospace, designs and produces commercial and defense aircraft engines, integrated engine components, electric power, and mechanical aircraft systems. It also offers aftermarket services to support its products. The company operates in the United States, Europe, China, Asia, the Americas, the Middle East, and Africa.

NYSE GE traded down $0.34 on Monday, reaching $203.24. The stock had a trading volume of 1,522,534 shares, compared to its average volume of 6,156,530. The company has a market capitalization of $219.96 billion, a price-to-earnings ratio of 33.91, a P/E/G ratio of 2.53 and a beta of 1.21. The business has a 50 day moving average price of $177.41 and a 200 day moving average price of $176.54. General Electric has a 1 year low of $108.60 and a 1 year high of $207.65. The company has a current ratio of 1.09, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88.