Promising Transportation Stocks To Follow Today – May 21st

Uber Technologies, Berkshire Hathaway, and Chevron are the three Transportation stocks to watch today, according to MarketBeat’s stock screener tool. Transportation stocks are shares of publicly traded companies whose primary business involves moving people or goods, such as airlines, railroads, shipping lines, trucking firms, and logistics providers. Because their performance is closely tied to economic activity, fuel costs, and regulatory factors, these stocks often serve as indicators of broader market and trade health. Investors watch transportation stocks for insights into supply-chain conditions and consumer demand trends. 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 Technologies stock traded down $3.48 during midday trading on Wednesday, hitting $88.39. The company had a trading volume of 17,668,343 shares, compared to its average volume of 20,392,678. The company has a fifty day simple moving average of $77.21 and a 200 day simple moving average of $72.21. The stock has a market cap of $184.84 billion, a price-to-earnings ratio of 19.42, a PEG ratio of 0.89 and a beta of 1.43. Uber Technologies has a 12-month low of $54.84 and a 12-month high of $93.60. The company has a quick ratio of 1.41, a current ratio of 1.07 and a debt-to-equity ratio of 0.37.

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.

Berkshire Hathaway stock traded down $1.18 during trading hours on Wednesday, hitting $507.56. 2,100,663 shares of the stock traded hands, compared to its average volume of 4,293,838. Berkshire Hathaway has a 1 year low of $401.58 and a 1 year high of $542.07. The stock has a market capitalization of $1.09 trillion, a price-to-earnings ratio of 10.26, a P/E/G ratio of 3.45 and a beta of 0.88. The firm’s 50 day moving average price is $520.22 and its 200-day moving average price is $487.61.

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.

Shares of CVX traded down $1.24 during mid-day trading on Wednesday, reaching $136.03. The company had a trading volume of 5,427,761 shares, compared to its average volume of 8,029,113. Chevron has a 52-week low of $132.04 and a 52-week high of $168.96. The company has a quick ratio of 0.80, a current ratio of 1.07 and a debt-to-equity ratio of 0.13. The stock has a 50 day moving average of $146.04 and a two-hundred day moving average of $151.61. The stock has a market capitalization of $237.56 billion, a P/E ratio of 13.99, a PEG ratio of 1.46 and a beta of 0.83.