NetApp, CommVault Systems, Alarm.com, GoPro, and Backblaze are the five Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks are shares of companies that provide on-demand, internet-based data storage, backup and file-sharing services. Investing in these stocks gives exposure to firms—from hyperscale platforms like Amazon Web Services, Microsoft Azure and Google Cloud to pure-play providers such as Dropbox and Box—that benefit from the growing global demand for scalable, secure digital data management. These companies had the highest dollar trading volume of any Cloud Storage stocks within the last several days.
NetApp (NTAP)
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID.
NetApp stock traded up $0.97 on Friday, hitting $105.72. 2,973,964 shares of the stock traded hands, compared to its average volume of 1,928,813. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 2.39. The firm has a market cap of $21.18 billion, a P/E ratio of 18.61, a price-to-earnings-growth ratio of 2.44 and a beta of 1.42. The business's fifty day simple moving average is $98.07 and its 200 day simple moving average is $104.16. NetApp has a 1 year low of $71.84 and a 1 year high of $135.45.
Read Our Latest Research Report on NTAP
CommVault Systems (CVLT)
Commvault Systems, Inc. provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.
CommVault Systems stock traded down $0.64 on Friday, hitting $174.33. 658,737 shares of the stock traded hands, compared to its average volume of 432,062. The firm has a market cap of $7.76 billion, a P/E ratio of 103.15 and a beta of 0.75. The business's fifty day simple moving average is $175.76 and its 200 day simple moving average is $166.51. CommVault Systems has a 1 year low of $118.69 and a 1 year high of $192.01.
Read Our Latest Research Report on CVLT
Alarm.com (ALRM)
Alarm.com Holdings, Inc. provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.
Shares of ALRM traded down $0.05 during trading hours on Friday, hitting $56.35. The company had a trading volume of 424,775 shares, compared to its average volume of 381,278. The firm has a fifty day moving average price of $56.43 and a 200-day moving average price of $58.26. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.01 and a current ratio of 2.14. The stock has a market capitalization of $2.80 billion, a price-to-earnings ratio of 23.78, a P/E/G ratio of 3.01 and a beta of 1.02. Alarm.com has a 52-week low of $48.23 and a 52-week high of $71.98.
Read Our Latest Research Report on ALRM
GoPro (GPRO)
GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.
Shares of GPRO traded down $0.06 during trading hours on Friday, hitting $0.75. The company had a trading volume of 20,461,604 shares, compared to its average volume of 2,733,277. The firm has a fifty day moving average price of $0.68 and a 200-day moving average price of $0.80. The stock has a market capitalization of $118.16 million, a price-to-earnings ratio of -0.83 and a beta of 1.35. GoPro has a 52-week low of $0.40 and a 52-week high of $1.76.
Read Our Latest Research Report on GPRO
Backblaze (BLZE)
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases.
Shares of BLZE remained flat at $5.47 during trading hours on Friday. The stock had a trading volume of 1,567,379 shares, compared to its average volume of 387,080. The company's 50-day moving average is $5.20 and its two-hundred day moving average is $5.69. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $300.30 million, a PE ratio of -5.42 and a beta of 1.17. Backblaze has a 12-month low of $3.94 and a 12-month high of $8.08.
Read Our Latest Research Report on BLZE
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider NetApp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NetApp wasn't on the list.
While NetApp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
