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 provide on‐demand, internet‐based data storage and management services. These firms operate large networks of remote servers where customers can securely store, back up, and retrieve digital information. Investors buy cloud storage stocks to gain exposure to the rapidly growing market for scalable, flexible data infrastructure. 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 $0.84 during mid-day trading on Monday, hitting $93.17. 321,893 shares of the company's stock were exchanged, compared to its average volume of 1,926,738. NetApp has a one year low of $71.84 and a one year high of $135.45. The business has a fifty day moving average price of $89.43 and a 200 day moving average price of $110.03. The company has a market cap of $18.95 billion, a PE ratio of 17.11, a P/E/G ratio of 2.45 and a beta of 1.40. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.91 and a quick ratio of 0.84.
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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.
Shares of CVLT traded up $0.86 during mid-day trading on Monday, reaching $173.41. The company had a trading volume of 120,765 shares, compared to its average volume of 412,865. Commvault Systems has a 52 week low of $105.76 and a 52 week high of $190.11. The company has a market capitalization of $7.63 billion, a price-to-earnings ratio of 45.48 and a beta of 0.68. The firm has a 50-day moving average price of $158.48 and a 200 day moving average price of $162.19.
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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 $0.09 during mid-day trading on Monday, hitting $54.56. The company had a trading volume of 73,493 shares, compared to its average volume of 416,849. Alarm.com has a 12 month low of $48.23 and a 12 month 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's 50 day moving average price is $54.91 and its two-hundred day moving average price is $59.07. The company has a market capitalization of $2.71 billion, a PE ratio of 23.83, a price-to-earnings-growth ratio of 3.59 and a beta of 1.02.
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