NetApp, CommVault Systems, Alarm.com, GoPro, Tuya, Backblaze, and Shengfeng Development are the seven Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks are equities in companies that provide remote data storage and management services via the internet, enabling businesses and individuals to store, back up and access files on demand. Investing in these stocks offers exposure to the growing market for scalable, subscription-based cloud solutions as organizations increasingly migrate their IT infrastructure to off-site data centers. 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.
NASDAQ:NTAP traded up $1.65 during mid-day trading on Monday, hitting $102.75. The stock had a trading volume of 221,495 shares, compared to its average volume of 2,057,877. NetApp has a twelve month low of $71.84 and a twelve month high of $135.45. The stock has a market cap of $20.59 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 2.33 and a beta of 1.44. The company's 50 day simple moving average is $104.23 and its 200 day simple moving average is $101.86. The company has a debt-to-equity ratio of 2.39, a quick ratio of 1.22 and a current ratio of 1.25.
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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 up $2.37 during mid-day trading on Monday, hitting $182.10. The stock had a trading volume of 97,047 shares, compared to its average volume of 495,322. CommVault Systems has a twelve month low of $127.35 and a twelve month high of $200.68. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 101.15 and a beta of 0.70. The company's 50 day simple moving average is $177.02 and its 200 day simple moving average is $169.07.
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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.
Alarm.com stock traded up $0.91 during trading hours on Monday, hitting $54.96. The company had a trading volume of 63,287 shares, compared to its average volume of 341,296. The firm has a market cap of $2.73 billion, a PE ratio of 23.20, a PEG ratio of 2.89 and a beta of 0.97. 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 $70.06. The firm has a 50-day moving average of $56.64 and a 200 day moving average of $57.11.
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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.
GoPro stock traded up $0.04 during trading hours on Monday, hitting $1.24. The company had a trading volume of 2,347,517 shares, compared to its average volume of 6,260,384. GoPro has a one year low of $0.40 and a one year high of $2.37. The firm has a 50-day moving average of $0.89 and a 200 day moving average of $0.78. The firm has a market cap of $194.57 million, a PE ratio of -1.37 and a beta of 1.40.
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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.
Shares of TUYA traded up $0.04 during mid-day trading on Monday, hitting $2.33. 476,100 shares of the company's stock were exchanged, compared to its average volume of 2,939,447. Tuya has a 52 week low of $1.28 and a 52 week high of $4.63. The stock's 50-day simple moving average is $2.50 and its 200-day simple moving average is $2.70. The firm has a market cap of $1.25 billion, a price-to-earnings ratio of 58.14 and a beta of 0.46.
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 up $0.17 during mid-day trading on Monday, hitting $5.06. 124,624 shares of the company's stock were exchanged, compared to its average volume of 424,602. The stock's 50-day simple moving average is $5.40 and its 200-day simple moving average is $5.51. The firm has a market cap of $277.52 million, a price-to-earnings ratio of -5.01 and a beta of 1.13. The company has a quick ratio of 1.09, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. Backblaze has a 52 week low of $3.94 and a 52 week high of $8.08.
Read Our Latest Research Report on BLZE
Shengfeng Development (SFWL)
Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services.
NASDAQ:SFWL traded up $0.02 during mid-day trading on Monday, reaching $1.01. The stock had a trading volume of 29,842 shares, compared to its average volume of 21,392. The stock has a 50-day simple moving average of $0.98 and a two-hundred day simple moving average of $0.98. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.26 and a current ratio of 1.26. Shengfeng Development has a 12 month low of $0.86 and a 12 month high of $1.60.
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