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 publicly traded companies that provide internet-based data storage, management, and backup services on distributed server networks. Investors buy these stocks to gain exposure to the growing demand for scalable, secure, and on-demand digital storage solutions. 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.
Shares of NASDAQ:NTAP traded up $0.97 during midday trading on Friday, reaching $105.72. The company's stock had a trading volume of 2,973,964 shares, compared to its average volume of 1,933,887. The firm has a market cap of $21.18 billion, a price-to-earnings ratio of 18.61, a price-to-earnings-growth ratio of 2.41 and a beta of 1.42. The company has a quick ratio of 1.22, a current ratio of 1.25 and a debt-to-equity ratio of 2.39. NetApp has a 1 year low of $71.84 and a 1 year high of $135.45. The business has a 50 day moving average price of $98.07 and a 200 day moving average price of $104.29.
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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.
Shares of CVLT traded down $0.64 during midday trading on Friday, reaching $174.33. 658,737 shares of the company were exchanged, compared to its average volume of 432,569. CommVault Systems has a 1-year low of $118.69 and a 1-year high of $192.01. The stock has a 50-day moving average price of $175.27 and a 200-day moving average price of $166.55. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 103.15 and a beta of 0.75.
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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 Alarm.com stock traded down $0.05 on Friday, reaching $56.35. 424,775 shares of the company were exchanged, compared to its average volume of 385,379. 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 company's 50-day moving average is $56.43 and its two-hundred day moving average is $58.33. The firm has a market cap of $2.80 billion, a price-to-earnings ratio of 23.78, a P/E/G ratio of 3.02 and a beta of 1.02. Alarm.com has a 1-year low of $48.23 and a 1-year high of $71.98.
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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.
NASDAQ GPRO traded down $0.06 on Friday, reaching $0.75. 20,461,604 shares of the stock traded hands, compared to its average volume of 2,743,266. The firm's fifty day simple moving average is $0.68 and its 200 day simple moving average is $0.80. The company has a market cap of $118.16 million, a price-to-earnings ratio of -0.83 and a beta of 1.35. GoPro has a 12 month low of $0.40 and a 12 month 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.
NASDAQ:BLZE remained flat at $5.47 during trading hours on Friday. The company had a trading volume of 1,567,379 shares, compared to its average volume of 408,410. The stock has a fifty day moving average price of $5.20 and a two-hundred day moving average price of $5.70. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market cap of $300.30 million, a price-to-earnings ratio of -5.42 and a beta of 1.17. Backblaze has a 52-week low of $3.94 and a 52-week high of $8.08.
Read Our Latest Research Report on BLZE
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