Alibaba Group, Sunrun, Adobe, Rocket Companies, Digital Realty Trust, Xunlei, and Magnite are the seven Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of publicly traded companies whose primary business involves creating, distributing or monetizing content through digital channels—such as streaming video platforms, social-network services, online news sites or digital advertising networks. Investors buy and sell these stocks based on factors like user-growth metrics, subscription numbers, ad-revenue trends and technology innovation. Performance in this sector often reflects shifts in consumer behavior, technological adoption and the competitive landscape of online content delivery. These companies had the highest dollar trading volume of any Digital Media stocks within the last several days.
Alibaba Group (BABA)
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.
Shares of Alibaba Group stock traded up $0.21 during trading on Monday, hitting $121.47. The stock had a trading volume of 4,961,256 shares, compared to its average volume of 21,279,689. Alibaba Group has a 1 year low of $79.21 and a 1 year high of $148.43. The company has a market capitalization of $289.69 billion, a PE ratio of 16.31, a P/E/G ratio of 1.78 and a beta of 0.17. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. The stock has a 50 day simple moving average of $116.23 and a 200 day simple moving average of $120.59.
Read Our Latest Research Report on BABA
Sunrun (RUN)
Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.
Shares of RUN traded up $1.11 during midday trading on Monday, reaching $15.03. 33,721,214 shares of the stock were exchanged, compared to its average volume of 17,241,770. Sunrun has a 12-month low of $5.38 and a 12-month high of $22.26. The firm has a 50 day simple moving average of $9.63 and a 200-day simple moving average of $8.35. The company has a quick ratio of 1.02, a current ratio of 1.41 and a debt-to-equity ratio of 3.70. The company has a market cap of $3.47 billion, a price-to-earnings ratio of -1.30 and a beta of 2.37.
Read Our Latest Research Report on RUN
Adobe (ADBE)
Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.
NASDAQ ADBE traded up $1.84 during trading on Monday, reaching $356.69. The company's stock had a trading volume of 1,383,575 shares, compared to its average volume of 3,784,619. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $151.31 billion, a PE ratio of 22.81, a PEG ratio of 1.68 and a beta of 1.51. The business has a 50-day moving average price of $371.84 and a 200-day moving average price of $392.13. Adobe has a 1-year low of $330.04 and a 1-year high of $587.75.
Read Our Latest Research Report on ADBE
Rocket Companies (RKT)
Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.
Shares of RKT stock traded down $0.60 during trading on Monday, reaching $17.93. The company had a trading volume of 6,295,323 shares, compared to its average volume of 12,438,617. The firm's 50 day simple moving average is $15.02 and its two-hundred day simple moving average is $13.74. The company has a debt-to-equity ratio of 2.36, a current ratio of 18.74 and a quick ratio of 18.74. Rocket Companies has a one year low of $10.06 and a one year high of $21.38. The company has a market capitalization of $37.73 billion, a PE ratio of -358.30 and a beta of 2.28.
Read Our Latest Research Report on RKT
Digital Realty Trust (DLR)
Digital Realty Trust, Inc. operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.
NYSE:DLR traded down $1.81 during trading hours on Monday, hitting $165.09. 561,882 shares of the company traded hands, compared to its average volume of 2,090,089. The stock has a market capitalization of $56.30 billion, a price-to-earnings ratio of 43.30, a P/E/G ratio of 4.80 and a beta of 0.92. Digital Realty Trust has a twelve month low of $129.95 and a twelve month high of $198.00. The firm has a 50-day moving average of $173.67 and a 200 day moving average of $163.52. The company has a current ratio of 2.22, a quick ratio of 2.22 and a debt-to-equity ratio of 0.82.
Read Our Latest Research Report on DLR
Xunlei (XNET)
Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.
Shares of NASDAQ XNET traded up $1.75 during trading hours on Monday, reaching $8.14. The stock had a trading volume of 6,328,523 shares, compared to its average volume of 992,144. The business's fifty day moving average is $4.73 and its two-hundred day moving average is $4.40. The company has a debt-to-equity ratio of 0.09, a current ratio of 2.60 and a quick ratio of 2.60. The company has a market cap of $509.24 million, a price-to-earnings ratio of 0.72 and a beta of 0.88. Xunlei has a twelve month low of $1.51 and a twelve month high of $8.43.
Read Our Latest Research Report on XNET
Magnite (MGNI)
Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers.
NASDAQ:MGNI traded up $0.18 during trading hours on Monday, reaching $23.88. The company had a trading volume of 1,265,946 shares, compared to its average volume of 2,695,993. The stock has a 50-day moving average of $21.96 and a two-hundred day moving average of $17.02. Magnite has a one year low of $8.22 and a one year high of $25.27. The firm has a market capitalization of $3.40 billion, a PE ratio of 82.23, a PEG ratio of 1.63 and a beta of 3.05. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.45.
Read Our Latest Research Report on MGNI
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Alibaba Group, 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 Alibaba Group wasn't on the list.
While Alibaba Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
MarketBeat All Access