NetApp, CommVault Systems, and Alarm.com are the three Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks are shares of publicly traded companies that offer internet-based data storage, backup and management solutions. By investing in these stocks, shareholders gain exposure to the growth potential of cloud computing as businesses and consumers increasingly rely on scalable, secure remote storage. Prominent examples include technology giants like Amazon (AWS), Microsoft (Azure) and Google (Cloud), as well as specialized providers such as Dropbox and Box. 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.
NetApp stock traded down $0.14 during trading hours on Friday, hitting $107.48. The company had a trading volume of 940,236 shares, compared to its average volume of 1,923,961. The firm has a market cap of $21.53 billion, a P/E ratio of 18.92, a P/E/G ratio of 2.48 and a beta of 1.42. The company has a 50-day moving average price of $99.90 and a two-hundred day moving average price of $103.83. NetApp has a 1 year low of $71.84 and a 1 year high of $135.45. The company has a debt-to-equity ratio of 2.39, a quick ratio of 1.22 and a current ratio of 1.25.
Read Our Latest Research Report on NTAP
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 $3.76 during mid-day trading on Friday, reaching $174.25. The company's stock had a trading volume of 216,515 shares, compared to its average volume of 433,903. CommVault Systems has a 1 year low of $118.69 and a 1 year high of $192.01. The stock has a fifty day moving average of $177.40 and a 200-day moving average of $166.60. The firm has a market capitalization of $7.76 billion, a PE ratio of 103.11 and a beta of 0.73.
Read Our Latest Research Report on CVLT
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 ALRM traded up $0.62 during trading hours on Friday, hitting $57.69. The company had a trading volume of 163,540 shares, compared to its average volume of 377,967. The company has a current ratio of 2.14, a quick ratio of 2.01 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $2.87 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 3.05 and a beta of 0.99. Alarm.com has a one year low of $48.23 and a one year high of $71.98. The company's fifty day moving average price is $56.91 and its two-hundred day moving average price is $58.04.
Read Our Latest Research Report on ALRM
Recommended Stories
Before you consider NetApp, 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 NetApp wasn't on the list.
While NetApp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
