Alibaba Group, Arista Networks, Charter Communications, Warner Bros. Discovery, and Roblox are the five Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies whose primary business is creating, distributing or promoting entertainment content—such as film studios, music labels, video game developers, streaming services and live-event producers. Their performance typically hinges on consumer spending trends, content popularity, subscriber growth and evolving media consumption habits. 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 down $2.35 during mid-day trading on Tuesday, hitting $119.80. 7,676,658 shares of the company's stock traded hands, compared to its average volume of 22,220,801. The company has a market cap of $285.77 billion, a PE ratio of 16.09, a price-to-earnings-growth ratio of 1.77 and a beta of 0.22. Alibaba Group has a 1 year low of $73.87 and a 1 year high of $148.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.55 and a current ratio of 1.55. The firm's 50 day simple moving average is $115.94 and its 200 day simple moving average is $117.42.
Read Our Latest Research Report on BABA
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 ANET traded up $1.48 during mid-day trading on Tuesday, hitting $119.03. The company had a trading volume of 5,212,819 shares, compared to its average volume of 10,500,849. The stock has a market cap of $149.50 billion, a PE ratio of 50.40, a P/E/G ratio of 3.32 and a beta of 1.40. Arista Networks has a 1-year low of $59.43 and a 1-year high of $133.57. The business's 50-day simple moving average is $99.28 and its 200-day simple moving average is $94.67.
Read Our Latest Research Report on ANET
Charter Communications (CHTR)
Charter Communications, Inc. operates as a broadband connectivity and cable operator company serving residential and commercial customers in the United States. The company offers subscription-based internet, video, and mobile and voice services; a suite of broadband connectivity services, including fixed internet, WiFi, and mobile; Advanced WiFi services; Spectrum Security Shield; in-home WiFi, which provides customers with high performance wireless routers and managed WiFi services to enhance their fixed wireless internet experience; out-of-home WiFi; and Spectrum WiFi services.
Shares of NASDAQ CHTR traded down $12.26 during trading on Tuesday, reaching $286.01. 2,059,765 shares of the stock were exchanged, compared to its average volume of 1,384,496. The company has a quick ratio of 0.36, a current ratio of 0.33 and a debt-to-equity ratio of 4.57. The business's 50-day moving average price is $393.71 and its 200 day moving average price is $373.31. The company has a market capitalization of $40.14 billion, a price-to-earnings ratio of 7.84, a price-to-earnings-growth ratio of 0.34 and a beta of 1.08. Charter Communications has a twelve month low of $286.17 and a twelve month high of $437.06.
Read Our Latest Research Report on CHTR
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.
WBD stock traded down $0.51 during trading on Tuesday, hitting $13.19. 40,376,922 shares of the company's stock traded hands, compared to its average volume of 46,350,516. Warner Bros. Discovery has a 52 week low of $6.64 and a 52 week high of $13.86. The stock has a market capitalization of $32.38 billion, a price-to-earnings ratio of -3.00 and a beta of 1.54. 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 stock has a fifty day moving average price of $10.94 and a two-hundred day moving average price of $10.15.
Read Our Latest Research Report on WBD
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 RBLX traded down $2.88 during midday trading on Tuesday, hitting $118.08. 4,018,013 shares of the stock traded hands, compared to its average volume of 8,608,701. The firm has a market capitalization of $80.09 billion, a PE ratio of -88.19 and a beta of 1.60. The business's 50 day moving average price is $101.47 and its two-hundred day moving average price is $76.99. Roblox has a 1-year low of $35.30 and a 1-year high of $127.99. The company has a debt-to-equity ratio of 3.39, a quick ratio of 1.02 and a current ratio of 1.02.
Read Our Latest Research Report on RBLX
Further Reading
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 Alibaba Group, 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 Alibaba Group wasn't on the list.
While Alibaba Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
