Cybersecurity Stocks Worth Watching - June 6th

Alphabet, CrowdStrike, and Palo Alto Networks are the three Cybersecurity stocks to watch today, according to MarketBeat's stock screener tool. Cybersecurity stocks are shares in publicly traded companies that develop and sell hardware, software and services designed to protect computer systems, networks and data from digital threats such as hacking, malware and ransomware. They’re often viewed as a growth sector because rising cyberattacks and stricter regulatory standards drive continued investment in security solutions. 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 NASDAQ GOOGL traded up $4.75 during trading hours on Friday, hitting $172.96. 14,282,667 shares of the company's stock were exchanged, compared to its average volume of 30,051,215. The company's 50-day moving average price is $159.81 and its 200-day moving average price is $174.38. Alphabet has a 1-year low of $140.53 and a 1-year high of $207.05. The stock has a market capitalization of $2.10 trillion, a price-to-earnings ratio of 21.49, a PEG ratio of 1.34 and a beta of 1.01. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.84 and a quick ratio of 1.84.

Read Our Latest Research Report on GOOGL

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.

NASDAQ CRWD traded up $12.10 during trading on Friday, hitting $475.04. The company's stock had a trading volume of 2,278,786 shares, compared to its average volume of 5,104,733. CrowdStrike has a 52 week low of $200.81 and a 52 week high of $491.20. The firm has a market cap of $117.75 billion, a P/E ratio of 931.58, a price-to-earnings-growth ratio of 17.86 and a beta of 1.22. The firm has a 50 day moving average price of $413.06 and a 200 day moving average price of $387.23. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.24.

Read Our Latest Research Report on CRWD

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.

Shares of Palo Alto Networks stock traded up $2.97 during midday trading on Friday, hitting $200.08. The company had a trading volume of 1,403,433 shares, compared to its average volume of 5,663,933. The stock has a market cap of $133.41 billion, a PE ratio of 112.72, a P/E/G ratio of 5.64 and a beta of 1.02. Palo Alto Networks has a 1-year low of $142.01 and a 1-year high of $208.39. The business's 50 day simple moving average is $179.91 and its two-hundred day simple moving average is $185.06.

Read Our Latest Research Report on PANW

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