Best Cybersecurity Stocks To Follow Now - November 5th

Key Points

• Five cybersecurity stocks highlighted by MarketBeat’s trading-volume screener were Palo Alto Networks, CrowdStrike, Fortinet, BlackBerry, and SentinelOne.
• All five shares fell in Thursday’s mid-day trading: Palo Alto Networks was at $322.56, CrowdStrike $221.32, Fortinet $124.45, BlackBerry $8.19, and SentinelOne $22.00.
• Palo Alto Networks and CrowdStrike were the largest companies in the group, with market capitalizations of $264.11 billion and $226.61 billion, respectively; BlackBerry was the smallest at $4.79 billion.

Palo Alto Networks, CrowdStrike, Fortinet, BlackBerry, and SentinelOne are the five Cybersecurity stocks to watch today, according to MarketBeat's stock screener tool. Cybersecurity stocks are shares of companies that provide products or services to protect computer systems, networks, data, and digital infrastructure from cyber threats. Investors may buy them to gain exposure to the cybersecurity industry, though their performance can be affected by competition, regulation, and changing technology. These companies had the highest dollar trading volume of any Cybersecurity stocks within the last several days.

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 PANW traded down $25.48 during mid-day trading on Thursday, reaching $322.56. The company's stock had a trading volume of 5,429,830 shares, compared to its average volume of 8,026,051. The business has a fifty day moving average of $372.17 and a 200 day moving average of $272.30. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.06. The company has a market cap of $264.11 billion, a price-to-earnings ratio of 631.85, a price-to-earnings-growth ratio of 10.04 and a beta of 0.96. Palo Alto Networks has a 1 year low of $139.57 and a 1 year high of $432.33.

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 NASDAQ CRWD traded down $19.68 during mid-day trading on Thursday, reaching $221.32. The company had a trading volume of 7,798,956 shares, compared to its average volume of 12,493,684. The stock has a market capitalization of $226.61 billion, a PE ratio of 5,518.88, a price-to-earnings-growth ratio of 118.73 and a beta of 1.19. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.57 and a current ratio of 1.57. CrowdStrike has a twelve month low of $85.68 and a twelve month high of $286.99. The stock's 50 day moving average is $243.44 and its 200-day moving average is $169.16.

Read Our Latest Research Report on CRWD

Fortinet (FTNT)

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.

Fortinet stock traded down $4.94 during mid-day trading on Thursday, hitting $124.45. 2,536,984 shares of the company's stock were exchanged, compared to its average volume of 5,873,041. Fortinet has a 1-year low of $73.55 and a 1-year high of $197.13. The stock has a market cap of $91.43 billion, a P/E ratio of 40.25, a P/E/G ratio of 2.46 and a beta of 1.04. The company has a current ratio of 1.40, a quick ratio of 1.28 and a debt-to-equity ratio of 0.22. The stock has a 50 day moving average of $169.84 and a two-hundred day moving average of $129.04.

Read Our Latest Research Report on FTNT

BlackBerry (BB)

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions.

BlackBerry stock traded down $0.57 on Thursday, reaching $8.19. 12,114,725 shares of the stock were exchanged, compared to its average volume of 17,990,934. The stock has a market cap of $4.79 billion, a PE ratio of 68.31 and a beta of 2.23. The firm has a fifty day moving average price of $8.45 and a two-hundred day moving average price of $6.91. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.25. BlackBerry has a twelve month low of $3.12 and a twelve month high of $13.59.

Read Our Latest Research Report on BB

SentinelOne (S)

SentinelOne, Inc. operates as a cybersecurity provider in the United States and internationally. Its Singularity Platform delivers an artificial intelligence-powered autonomous threat prevention, detection, and response capabilities across an organization's endpoints, cloud workloads, and identify credentials, which enables seamless and autonomous protection against a spectrum of cyber threats.

SentinelOne stock traded down $1.49 during mid-day trading on Thursday, reaching $22.00. The company had a trading volume of 2,965,913 shares, compared to its average volume of 8,522,549. SentinelOne has a 52 week low of $11.81 and a 52 week high of $26.50. The firm has a market cap of $7.66 billion, a price-to-earnings ratio of -21.77 and a beta of 0.59. The company has a 50 day moving average of $23.08 and a 200-day moving average of $17.75.

Read Our Latest Research Report on S

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