Digital Media Stocks To Keep An Eye On - November 9th

Key Points

• MarketBeat’s digital-media stock screen named Adobe, Ziff Davis, DoubleVerify, Xunlei, and Townsquare Media among the sector’s highest-dollar-volume stocks in recent days.
• In Monday trading, Ziff Davis rose to $50.35, while Adobe, DoubleVerify, Xunlei, and Townsquare Media edged lower; Xunlei at $3.51 and Townsquare at $1.80 were close to their 52-week lows.
• The companies span digital content and software, advertising measurement, cloud-based media services, and marketing solutions—businesses exposed to shifts in advertising, technology, and consumer habits.

Adobe, Ziff Davis, DoubleVerify, Xunlei, and Townsquare Media are the five Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks are shares of companies that create, distribute, or monetize content and services through digital channels, such as streaming platforms, social networks, online publishers, and digital advertising firms. Investors may assess them based on factors such as audience growth, advertising or subscription revenue, competition, and changes in technology and consumer habits. These companies had the highest dollar trading volume of any Digital Media stocks within the last several days.

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 down $0.98 on Monday, hitting $238.32. 1,042,788 shares of the company were exchanged, compared to its average volume of 5,578,306. Adobe has a 1-year low of $190.12 and a 1-year high of $362.71. The firm has a 50 day moving average of $251.24 and a two-hundred day moving average of $249.62. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.41. The company has a market cap of $92.75 billion, a P/E ratio of 13.29, a P/E/G ratio of 0.83 and a beta of 1.37.

Read Our Latest Research Report on ADBE

Ziff Davis (ZD)

Ziff Davis, Inc., together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.

Shares of NASDAQ:ZD traded up $0.74 during mid-day trading on Monday, reaching $50.35. The stock had a trading volume of 197,154 shares, compared to its average volume of 731,260. The firm has a 50 day simple moving average of $56.29 and a two-hundred day simple moving average of $47.70. Ziff Davis has a twelve month low of $22.45 and a twelve month high of $60.48. The firm has a market cap of $1.73 billion, a PE ratio of 2.98 and a beta of 1.10. The company has a current ratio of 2.35, a quick ratio of 2.16 and a debt-to-equity ratio of 0.34.

Read Our Latest Research Report on ZD

DoubleVerify (DV)

DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments.

Shares of DV traded down $0.01 on Monday, hitting $13.55. The company's stock had a trading volume of 156,148 shares, compared to its average volume of 3,016,151. The firm's fifty day moving average price is $13.47 and its 200-day moving average price is $11.39. The company has a quick ratio of 4.69, a current ratio of 4.69 and a debt-to-equity ratio of 0.01. DoubleVerify has a fifty-two week low of $8.60 and a fifty-two week high of $13.65. The firm has a market capitalization of $2.12 billion, a price-to-earnings ratio of 33.89, a P/E/G ratio of 1.46 and a beta of 0.93.

Read Our Latest Research Report on DV

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 XNET traded down $0.03 during midday trading on Monday, hitting $3.51. The stock had a trading volume of 50,754 shares, compared to its average volume of 265,164. The firm has a market cap of $223.66 million, a price-to-earnings ratio of -2.81 and a beta of 1.13. The company has a 50 day simple moving average of $4.51 and a two-hundred day simple moving average of $5.44. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.03 and a quick ratio of 2.03. Xunlei has a twelve month low of $3.10 and a twelve month high of $8.80.

Read Our Latest Research Report on XNET

Townsquare Media (TSQ)

Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.

TSQ traded down $0.05 during trading hours on Monday, hitting $1.80. 71,897 shares of the company's stock were exchanged, compared to its average volume of 122,080. The stock has a market cap of $32.87 million, a price-to-earnings ratio of -0.65 and a beta of 1.35. The stock's 50-day moving average is $4.37 and its two-hundred day moving average is $5.91. Townsquare Media has a 1-year low of $1.78 and a 1-year high of $7.97.

Read Our Latest Research Report on TSQ

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