Defense Stocks To Watch Today – February 02nd

Celestica, General Electric, and Boeing are the three Defense stocks to watch today, according to MarketBeat’s stock screener tool. Defense stocks are shares of companies that produce equipment, technology, and services for military and defense purposes. These stocks are often influenced by government spending on defense and international security issues, making them highly sensitive to geopolitical events and military conflicts. Investors may be drawn to defense stocks for their potential growth during times of heightened defense spending and global uncertainty. These companies had the highest dollar trading volume of any Defense stocks within the last several days.

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 Celestica stock traded up $9.42 during trading on Friday, reaching $123.57. 11,220,553 shares of the company traded hands, compared to its average volume of 3,686,885. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.87. Celestica has a 1-year low of $32.80 and a 1-year high of $133.66. The company has a 50 day moving average price of $98.48 and a 200-day moving average price of $72.25. The firm has a market capitalization of $14.38 billion, a PE ratio of 33.04 and a beta of 2.25.

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.

GE traded down $1.98 during trading on Friday, hitting $203.59. 5,503,704 shares of the company’s stock were exchanged, compared to its average volume of 5,804,036. The company has a quick ratio of 0.81, a current ratio of 1.09 and a debt-to-equity ratio of 0.88. The business’s 50 day moving average is $177.41 and its two-hundred day moving average is $176.40. General Electric has a fifty-two week low of $105.70 and a fifty-two week high of $207.65. The stock has a market cap of $220.35 billion, a P/E ratio of 33.99, a PEG ratio of 2.48 and a beta of 1.19.

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 NYSE BA traded down $3.27 during trading on Friday, hitting $176.26. The stock had a trading volume of 6,102,815 shares, compared to its average volume of 8,105,842. Boeing has a 12 month low of $137.03 and a 12 month high of $214.63. The firm has a fifty day moving average of $169.50 and a two-hundred day moving average of $164.20.