Free Trial

Entertainment Stocks Worth Watching - August 11th

Alibaba Group logo with Retail/Wholesale background

Key Points

  • Alibaba Group, SEA, and Arista Networks are identified as top entertainment stocks to watch due to their significant trading volumes and exposure to various media and leisure content sectors.
  • As of August 11, shares of Alibaba (BABA) and SEA (SE) declined, with BABA at $118.36 and SE at $146.27, while Arista Networks (ANET) also saw a slight drop to $138.86.
  • All three companies exhibit varying market capitalizations and P/E ratios, indicating different valuations and performance metrics within the entertainment sector.
  • Want stock alerts on Alibaba Group? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Alibaba Group, SEA, and Arista Networks are the three Entertainment stocks to watch today, according to MarketBeat's stock screener tool. Entertainment stocks are shares of publicly traded companies that create, produce or distribute media and leisure content—ranging from films and television to music, video games and streaming services. They offer investors exposure to the entertainment industry’s revenue streams, including box-office receipts, subscription fees and advertising dollars. Because their fortunes hinge on consumer tastes, content trends and technological shifts, entertainment stocks can be more cyclical and volatile than broader market indices. These companies had the highest dollar trading volume of any Entertainment 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 BABA traded down $2.00 during trading hours on Monday, reaching $118.36. 6,833,667 shares of the company traded hands, compared to its average volume of 21,532,115. The stock has a market capitalization of $282.27 billion, a P/E ratio of 15.88, a P/E/G ratio of 1.77 and a beta of 0.17. The business has a fifty day moving average price of $115.78 and a 200-day moving average price of $119.63. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. Alibaba Group has a 12-month low of $77.74 and a 12-month high of $148.43.

Read Our Latest Research Report on BABA

SEA (SE)

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.

Shares of SE stock traded down $1.34 on Monday, reaching $146.27. 4,307,923 shares of the company were exchanged, compared to its average volume of 4,541,340. The company has a market cap of $86.17 billion, a price-to-earnings ratio of 102.95 and a beta of 1.58. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.49 and a current ratio of 1.51. SEA has a 1 year low of $65.15 and a 1 year high of $172.65. The business has a 50-day moving average price of $156.64 and a 200 day moving average price of $140.92.

Read Our Latest Research Report on SE

Arista Networks (ANET)

Arista Networks, Inc. engages in the development, marketing, and sale of data-driven, client to cloud networking solutions for data center, campus, and routing environments in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific. Its cloud networking solutions consist of Extensible Operating System (EOS), a publish-subscribe state-sharing networking operating system offered in combination with a set of network applications.

NYSE ANET traded down $0.32 during trading on Monday, hitting $138.86. The stock had a trading volume of 4,327,532 shares, compared to its average volume of 10,654,021. The firm has a 50 day moving average price of $105.60 and a 200 day moving average price of $95.06. The company has a market capitalization of $174.53 billion, a PE ratio of 54.56, a PEG ratio of 3.47 and a beta of 1.37. Arista Networks has a twelve month low of $59.43 and a twelve month high of $141.75.

Read Our Latest Research Report on ANET

Featured Articles

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.

Should You Invest $1,000 in Alibaba Group Right Now?

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

Metaverse Stocks And Why You Can't Ignore Them Cover

Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines