Digital Media Stocks Worth Watching - May 30th

Alibaba Group, Adobe, Digital Realty Trust, Sunrun, and Rocket Companies are the five 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 the creation, distribution or monetization of digital content—such as video streaming services, social networks, online advertising platforms and digital publishers. Investors in these stocks typically look for firms with strong user engagement, scalable technology platforms and growing digital‐ad revenues or subscription models. Their performance often correlates with changes in consumer media habits, advertising spending and technological innovation. 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.

NYSE BABA traded down $3.48 during trading hours on Friday, reaching $113.70. The stock had a trading volume of 7,508,405 shares, compared to its average volume of 25,538,293. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.48 and a current ratio of 1.48. Alibaba Group has a 52-week low of $71.80 and a 52-week high of $148.43. The stock has a fifty day moving average of $120.01 and a 200 day moving average of $108.65. The stock has a market cap of $271.26 billion, a P/E ratio of 16.43, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24.

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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.

ADBE traded up $1.34 during midday trading on Friday, hitting $414.70. 564,827 shares of the company were exchanged, compared to its average volume of 3,432,598. The company's 50 day simple moving average is $378.87 and its 200 day simple moving average is $429.47. The firm has a market capitalization of $176.74 billion, a price-to-earnings ratio of 33.44, a price-to-earnings-growth ratio of 2.15 and a beta of 1.55. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.29. Adobe has a 1-year low of $332.01 and a 1-year high of $587.75.

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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.

DLR traded down $1.20 during trading on Friday, reaching $171.06. The company's stock had a trading volume of 637,415 shares, compared to its average volume of 2,309,217. Digital Realty Trust has a 1 year low of $129.95 and a 1 year high of $198.00. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The firm has a fifty day simple moving average of $155.93 and a two-hundred day simple moving average of $166.83. The company has a market cap of $57.61 billion, a price-to-earnings ratio of 105.59, a PEG ratio of 4.38 and a beta of 0.93.

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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 stock traded up $0.48 on Friday, reaching $7.33. 12,299,435 shares of the stock were exchanged, compared to its average volume of 11,730,975. The company has a current ratio of 1.47, a quick ratio of 1.15 and a debt-to-equity ratio of 1.92. The business's 50 day moving average price is $7.60 and its 200 day moving average price is $8.66. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of -4.03 and a beta of 2.66. Sunrun has a twelve month low of $5.45 and a twelve month high of $22.26.

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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.

NYSE RKT traded down $0.13 during trading hours on Friday, hitting $12.94. The company had a trading volume of 2,235,448 shares, compared to its average volume of 5,667,811. The company has a debt-to-equity ratio of 1.51, a quick ratio of 15.47 and a current ratio of 15.47. Rocket Companies has a 1-year low of $10.06 and a 1-year high of $21.38. The company has a market cap of $25.89 billion, a PE ratio of -80.84 and a beta of 2.33. The business has a 50 day moving average of $12.68 and a 200-day moving average of $12.81.

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