NetApp, Commvault Systems, Alarm.com, Tuya, GoPro, Backblaze, and Shengfeng Development are the seven Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks are publicly traded shares of companies that operate and maintain large-scale, internet-based data storage and management platforms. These firms typically offer subscription-based services for backing up, securing, and accessing digital information from anywhere. Investors buy cloud storage stocks to gain exposure to the fast-growing market for scalable, on-demand data storage 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 NASDAQ NTAP traded up $0.54 during trading hours on Thursday, reaching $103.17. The stock had a trading volume of 483,004 shares, compared to its average volume of 1,923,200. NetApp has a 52-week low of $71.84 and a 52-week high of $135.45. The business's fifty day moving average price is $92.74 and its two-hundred day moving average price is $106.11. The firm has a market cap of $20.99 billion, a price-to-earnings ratio of 18.97, a P/E/G ratio of 2.45 and a beta of 1.42. The company has a current ratio of 0.91, a quick ratio of 0.84 and a debt-to-equity ratio of 1.39.
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.
CVLT stock remained flat at $188.29 during trading on Thursday. The company had a trading volume of 93,251 shares, compared to its average volume of 423,905. The company has a market capitalization of $8.31 billion, a P/E ratio of 49.42 and a beta of 0.75. The company's 50 day moving average price is $168.93 and its 200 day moving average price is $166.11. Commvault Systems has a 12 month low of $113.83 and a 12 month high of $191.76.
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 NASDAQ ALRM traded down $0.75 during midday trading on Thursday, reaching $57.90. The company had a trading volume of 66,988 shares, compared to its average volume of 400,455. The business's 50-day simple moving average is $55.04 and its 200 day simple moving average is $59.11. Alarm.com has a 1 year low of $48.23 and a 1 year high of $71.98. The company has a current ratio of 7.85, a quick ratio of 7.38 and a debt-to-equity ratio of 1.35. The stock has a market cap of $2.88 billion, a P/E ratio of 25.28, a P/E/G ratio of 3.59 and a beta of 1.02.
Read Our Latest Research Report on ALRM
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 stock traded up $0.05 during trading on Thursday, hitting $2.74. 1,095,648 shares of the company's stock were exchanged, compared to its average volume of 1,907,990. The stock has a market capitalization of $1.48 billion, a price-to-earnings ratio of -91.33 and a beta of 0.47. The business has a 50-day simple moving average of $2.37 and a 200-day simple moving average of $2.51. Tuya has a 52-week low of $1.28 and a 52-week high of $4.63.
Read Our Latest Research Report on TUYA
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 NASDAQ GPRO traded up $0.01 during trading on Thursday, hitting $0.87. The company had a trading volume of 1,257,038 shares, compared to its average volume of 2,613,898. The stock has a fifty day simple moving average of $0.60 and a two-hundred day simple moving average of $0.84. The company has a quick ratio of 0.87, a current ratio of 1.32 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $136.63 million, a price-to-earnings ratio of -0.31 and a beta of 1.35. GoPro has a fifty-two week low of $0.40 and a fifty-two week high of $1.76.
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.
Shares of Backblaze stock traded down $0.04 during trading hours on Thursday, hitting $5.39. The company's stock had a trading volume of 86,692 shares, compared to its average volume of 399,610. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.54 and a current ratio of 0.54. The stock has a market cap of $295.91 million, a price-to-earnings ratio of -4.86 and a beta of 1.17. The firm has a fifty day moving average of $5.05 and a 200-day moving average of $5.83. Backblaze has a twelve month low of $3.94 and a twelve month 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.
Shares of SFWL stock traded down $0.01 during mid-day trading on Thursday, hitting $0.99. 2,071 shares of the stock were exchanged, compared to its average volume of 52,403. Shengfeng Development has a 12-month low of $0.86 and a 12-month high of $1.60. The stock's fifty day simple moving average is $0.97 and its two-hundred day simple moving average is $1.02.
Read Our Latest Research Report on SFWL
Featured Articles
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
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
