Cybersecurity Stocks To Watch Today - August 13th

Key Points

• Alphabet, Palo Alto Networks, and CrowdStrike are identified as key Cybersecurity stocks to watch due to their high trading volumes fueled by increasing cyber threats and regulatory pressures.
• Alphabet's stock experienced a slight decline to $202.55, with the company having a significant market cap of $2.45 trillion and a P/E ratio of 21.56.
• Palo Alto Networks shares rose to $177.44 amid a strong market presence, while CrowdStrike stock fell to $432.10, despite its extensive array of cybersecurity solutions.

Alphabet, Palo Alto Networks, and CrowdStrike are the three Cybersecurity stocks to watch today, according to MarketBeat's stock screener tool. Cybersecurity stocks are equity shares of publicly traded companies that develop and deliver products or services designed to protect networks, systems, and data from digital threats. Investors buy these stocks to gain exposure to the cybersecurity industry, which spans everything from threat detection and firewall software to encryption and incident-response services. Fueled by the rising frequency of cyberattacks and tightening regulatory requirements, cybersecurity stocks are often viewed as growth-oriented plays in a high-demand sector. These companies had the highest dollar trading volume of any Cybersecurity stocks within the last several days.

Alphabet (GOOGL)

Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. It operates through Google Services, Google Cloud, and Other Bets segments. The Google Services segment provides products and services, including ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.

Shares of Alphabet stock traded down $0.79 during trading on Wednesday, hitting $202.55. The stock had a trading volume of 8,884,442 shares, compared to its average volume of 36,630,328. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.90 and a quick ratio of 1.90. The firm has a market cap of $2.45 trillion, a P/E ratio of 21.56, a PEG ratio of 1.36 and a beta of 1.01. The business has a fifty day moving average of $182.27 and a two-hundred day moving average of $173.02. Alphabet has a fifty-two week low of $140.53 and a fifty-two week high of $207.05.

Read Our Latest Research Report on GOOGL

Palo Alto Networks (PANW)

Palo Alto Networks, Inc. provides cybersecurity solutions worldwide. The company offers firewall appliances and software; and Panorama, a security management solution for the global control of network security platform as a virtual or a physical appliance. It also provides subscription services covering the areas of threat prevention, malware and persistent threat, URL filtering, laptop and mobile device protection, DNS security, Internet of Things security, SaaS security API, and SaaS security inline, as well as threat intelligence, and data loss prevention.

Palo Alto Networks stock traded up $2.04 during mid-day trading on Wednesday, hitting $177.44. The company's stock had a trading volume of 6,377,028 shares, compared to its average volume of 6,131,160. The company has a market cap of $118.31 billion, a PE ratio of 101.38, a price-to-earnings-growth ratio of 3.99 and a beta of 0.94. The firm's 50 day moving average is $193.26 and its 200 day moving average is $186.70. Palo Alto Networks has a 52-week low of $144.15 and a 52-week high of $210.39.

Read Our Latest Research Report on PANW

CrowdStrike (CRWD)

CrowdStrike Holdings, Inc. provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data. The company offers corporate endpoint and cloud workload security, managed security, security and vulnerability management, IT operations management, identity protection, SIEM and log management, threat intelligence, data protection, security orchestration, automation and response and AI powered workflow automation, and securing generative AI workload services.

Shares of CRWD stock traded down $3.71 during mid-day trading on Wednesday, reaching $432.10. The stock had a trading volume of 1,105,924 shares, compared to its average volume of 3,724,991. The firm's 50 day simple moving average is $474.93 and its 200 day simple moving average is $426.26. CrowdStrike has a one year low of $242.25 and a one year high of $517.98. The firm has a market cap of $107.70 billion, a PE ratio of -625.31 and a beta of 1.13. The company has a quick ratio of 1.85, a current ratio of 1.85 and a debt-to-equity ratio of 0.21.

Read Our Latest Research Report on CRWD

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