Alibaba Group, Roblox, Warner Bros. Discovery, Verizon Communications, and Arista Networks are the five Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies that create, distribute or monetize entertainment content and experiences—ranging from film studios, television networks and streaming platforms to video game developers, music labels and live-event promoters. Investors buy these stocks to gain exposure to revenue streams such as box-office receipts, subscription fees, advertising income and licensing deals that drive the entertainment industry’s growth. These companies had the highest dollar trading volume of any Entertainment stocks within the last several days.
Alibaba Group (BABA)
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.
NYSE:BABA traded up $1.88 during mid-day trading on Wednesday, reaching $122.59. 9,422,778 shares of the company were exchanged, compared to its average volume of 20,175,316. Alibaba Group has a 12 month low of $73.87 and a 12 month high of $148.43. The company has a fifty day moving average of $116.76 and a 200 day moving average of $115.86. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. The stock has a market cap of $292.51 billion, a PE ratio of 16.43, a PEG ratio of 1.77 and a beta of 0.21.
Read Our Latest Research Report on BABA
Roblox (RBLX)
Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.
Shares of NYSE:RBLX traded down $4.68 during mid-day trading on Wednesday, reaching $115.52. The stock had a trading volume of 8,244,388 shares, compared to its average volume of 8,197,717. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 3.39. The firm has a market cap of $78.36 billion, a PE ratio of -85.99 and a beta of 1.60. The firm has a 50 day simple moving average of $96.51 and a two-hundred day simple moving average of $74.53. Roblox has a twelve month low of $35.30 and a twelve month high of $127.99.
Read Our Latest Research Report on RBLX
Warner Bros. Discovery (WBD)
Warner Bros. Discovery, Inc. operates as a media and entertainment company worldwide. It operates through three segments: Studios, Network, and DTC. The Studios segment produces and releases feature films for initial exhibition in theaters; produces and licenses television programs to its networks and third parties and direct-to-consumer services; distributes films and television programs to various third parties and internal television; and offers streaming services and distribution through the home entertainment market, themed experience licensing, and interactive gaming.
Shares of NASDAQ:WBD traded up $0.40 during midday trading on Wednesday, hitting $13.25. The stock had a trading volume of 56,664,102 shares, compared to its average volume of 38,705,989. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.99. The business's 50-day simple moving average is $10.59 and its 200-day simple moving average is $10.06. Warner Bros. Discovery has a 12 month low of $6.64 and a 12 month high of $13.39. The company has a market cap of $32.51 billion, a P/E ratio of -3.01 and a beta of 1.54.
Read Our Latest Research Report on WBD
Verizon Communications (VZ)
Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).
NYSE:VZ traded down $0.15 during mid-day trading on Wednesday, reaching $42.81. 12,959,977 shares of the company's stock were exchanged, compared to its average volume of 20,215,585. The firm has a market capitalization of $180.49 billion, a PE ratio of 9.96, a price-to-earnings-growth ratio of 3.40 and a beta of 0.37. The business's fifty day simple moving average is $42.88 and its two-hundred day simple moving average is $42.44. Verizon Communications has a one year low of $37.59 and a one year high of $47.36. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.58 and a current ratio of 0.61.
Read Our Latest Research Report on VZ
Arista Networks (ANET)
Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.
Shares of Arista Networks stock traded up $2.38 on Wednesday, hitting $112.16. The stock had a trading volume of 4,115,707 shares, compared to its average volume of 9,138,758. The firm has a market capitalization of $140.86 billion, a P/E ratio of 47.44, a PEG ratio of 3.25 and a beta of 1.40. The stock has a 50 day moving average of $97.19 and a 200 day moving average of $94.78. Arista Networks has a twelve month low of $59.43 and a twelve month high of $133.58.
Read Our Latest Research Report on ANET
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