NetApp, CommVault Systems, Alarm.com, Tuya, 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, backup and management services. By investing in these stocks, shareholders gain exposure to the growing demand for scalable, on-demand storage and collaboration solutions. Major players include general cloud platforms like Amazon Web Services, Microsoft Azure and Google Cloud as well as specialized storage providers. 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 NTAP stock traded up $1.14 during trading hours on Tuesday, reaching $107.69. The company had a trading volume of 460,092 shares, compared to its average volume of 1,923,415. The stock's fifty day simple moving average is $98.57 and its 200 day simple moving average is $103.92. The company has a market capitalization of $21.58 billion, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 2.44 and a beta of 1.42. The company has a debt-to-equity ratio of 2.39, a quick ratio of 1.22 and a current ratio of 1.25. NetApp has a twelve month low of $71.84 and a twelve month high of $135.45.
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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 stock traded down $2.06 on Tuesday, hitting $172.27. The stock had a trading volume of 144,221 shares, compared to its average volume of 431,250. CommVault Systems has a 52-week low of $118.69 and a 52-week high of $192.01. The stock's 50 day moving average is $176.39 and its 200-day moving average is $166.50. The firm has a market capitalization of $7.67 billion, a price-to-earnings ratio of 101.94 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 NASDAQ:ALRM traded up $1.09 during midday trading on Tuesday, reaching $57.66. The company had a trading volume of 50,092 shares, compared to its average volume of 379,971. The stock has a market capitalization of $2.87 billion, a P/E ratio of 24.32, a PEG ratio of 3.01 and a beta of 1.02. The stock's fifty day moving average price is $56.57 and its 200-day moving average price is $58.13. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.14 and a quick ratio of 2.01. Alarm.com has a one year low of $48.23 and a one year high of $71.98.
Read Our Latest Research Report on ALRM
Tuya (TUYA)
Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.
NYSE:TUYA traded up $0.02 during mid-day trading on Tuesday, reaching $2.33. The stock had a trading volume of 362,989 shares, compared to its average volume of 1,983,727. The stock's 50 day simple moving average is $2.47 and its two-hundred day simple moving average is $2.58. Tuya has a 1-year low of $1.28 and a 1-year high of $4.63. The company has a market capitalization of $1.25 billion, a price-to-earnings ratio of 58.14 and a beta of 0.47.
Read Our Latest Research Report on TUYA
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 traded down $0.10 during mid-day trading on Tuesday, hitting $5.41. The stock had a trading volume of 142,205 shares, compared to its average volume of 450,104. The company has a market cap of $296.73 million, a PE ratio of -5.35 and a beta of 1.17. Backblaze has a fifty-two week low of $3.94 and a fifty-two week high of $8.08. The company's fifty day simple moving average is $5.23 and its two-hundred day simple moving average is $5.68. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.21.
Read Our Latest Research Report on BLZE
Further Reading
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