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 offer online data storage services, enabling individuals and organizations to store, back up and access files on remote servers over the internet. Investing in these stocks gives exposure to the rapidly growing cloud-computing market and its rising demand for scalable, secure data 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 NetApp stock traded down $3.03 during trading on Friday, reaching $101.10. 1,414,970 shares of the company were exchanged, compared to its average volume of 1,410,739. 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 twelve month low of $71.84 and a twelve month high of $135.45. The business has a 50-day moving average price of $104.23 and a 200-day moving average price of $101.98. The firm has a market capitalization of $20.26 billion, a price-to-earnings ratio of 17.80, a P/E/G ratio of 2.33 and a beta of 1.44.
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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.
NASDAQ:CVLT traded down $10.22 on Friday, reaching $179.73. The company's stock had a trading volume of 515,257 shares, compared to its average volume of 501,117. CommVault Systems has a 1-year low of $127.35 and a 1-year high of $200.68. The firm has a market cap of $7.99 billion, a PE ratio of 99.85 and a beta of 0.70. The business's 50-day moving average price is $177.02 and its two-hundred day moving average price is $169.02.
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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.
NASDAQ:ALRM traded down $0.58 on Friday, reaching $54.05. The company's stock had a trading volume of 501,093 shares, compared to its average volume of 263,039. The firm has a market cap of $2.69 billion, a PE ratio of 22.81, a PEG ratio of 2.89 and a beta of 0.97. The business's 50-day moving average price is $56.64 and its two-hundred day moving average price is $57.14. Alarm.com has a 1-year low of $48.23 and a 1-year high of $70.06. The company has a debt-to-equity ratio of 0.64, a quick ratio of 2.01 and a current ratio of 2.14.
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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.
Shares of GoPro stock traded down $0.09 during trading on Friday, reaching $1.20. The stock had a trading volume of 5,054,747 shares, compared to its average volume of 20,053,068. GoPro has a 52 week low of $0.40 and a 52 week high of $2.37. The company has a market capitalization of $189.06 million, a price-to-earnings ratio of -1.33 and a beta of 1.40. The stock has a fifty day moving average price of $0.89 and a two-hundred day moving average price of $0.78.
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 traded down $0.10 on Friday, hitting $4.89. The company's stock had a trading volume of 551,326 shares, compared to its average volume of 261,083. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.21. The stock has a fifty day moving average of $5.40 and a two-hundred day moving average of $5.51. The firm has a market capitalization of $268.46 million, a P/E ratio of -4.84 and a beta of 1.13. Backblaze has a one year low of $3.94 and a one year high of $8.08.
Read Our Latest Research Report on BLZE
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