Best Transportation Stocks To Keep An Eye On – June 18th

Uber Technologies, Berkshire Hathaway, and Chevron are the three Transportation stocks to watch today, according to MarketBeat’s stock screener tool. Transportation stocks are equity shares of companies whose core business is moving people or goods by land, sea or air. They include airlines, railroads, shipping lines, trucking firms and logistics providers. Investors often watch transportation stocks as a barometer of economic activity and trade volume. These companies had the highest dollar trading volume of any Transportation stocks within the last several days.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Shares of UBER stock traded down $1.23 during trading hours on Wednesday, hitting $83.53. 19,577,604 shares of the company were exchanged, compared to its average volume of 20,757,591. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 0.37. The stock has a market capitalization of $174.67 billion, a price-to-earnings ratio of 14.60, a P/E/G ratio of 1.08 and a beta of 1.38. The firm has a fifty day simple moving average of $82.83 and a 200 day simple moving average of $74.17. Uber Technologies has a 52-week low of $54.84 and a 52-week high of $93.60.

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 $2.28 during trading hours on Wednesday, reaching $485.76. The stock had a trading volume of 2,422,497 shares, compared to its average volume of 4,376,309. The stock has a market cap of $1.05 trillion, a P/E ratio of 12.94, a price-to-earnings-growth ratio of 3.41 and a beta of 0.85. The stock has a 50 day simple moving average of $510.78 and a 200 day simple moving average of $491.45. Berkshire Hathaway has a 12-month low of $403.82 and a 12-month high of $542.07.

Chevron (CVX)

Chevron Corporation, through its subsidiaries, engages in the integrated energy and chemicals operations in the United States and internationally. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification of liquefied natural gas; transportation of crude oil through pipelines; transportation, storage, and marketing of natural gas; and carbon capture and storage, as well as a gas-to-liquids plant.

NYSE CVX traded down $0.49 during trading on Wednesday, hitting $148.36. 6,005,522 shares of the company’s stock traded hands, compared to its average volume of 8,202,950. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.82 and a current ratio of 1.08. The stock has a market capitalization of $259.10 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 2.56 and a beta of 0.83. Chevron has a 12-month low of $132.04 and a 12-month high of $168.96. The business has a 50 day moving average of $138.78 and a 200-day moving average of $148.91.