Ecommerce Stocks To Add to Your Watchlist - November 6th

Key Points

• Five high-trading-volume ecommerce stocks to watch are Walmart (WMT), GameStop (GME), GigaCloud Technology (GCT), Pattern Group (PTRN), and ContextLogic (WISH).
• The companies span different parts of online commerce: Walmart and GameStop sell products through ecommerce platforms, GigaCloud runs a B2B marketplace for large goods, and Pattern helps brands grow on global marketplaces.
• In Friday trading, Walmart, GigaCloud, and ContextLogic shares fell, while GameStop and Pattern Group shares rose.

Walmart, GameStop, GigaCloud Technology, Pattern Group, and ContextLogic are the five Ecommerce stocks to watch today, according to MarketBeat's stock screener tool. Ecommerce stocks are shares of publicly traded companies that sell goods or services online, or provide supporting services such as digital payments, online marketplaces, and delivery. For investors, they offer exposure to the growth of online commerce, but their performance can be affected by competition, consumer spending, and profitability. These companies had the highest dollar trading volume of any Ecommerce stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Shares of WMT traded down $1.82 during trading hours on Friday, reaching $125.90. The stock had a trading volume of 13,193,439 shares, compared to its average volume of 24,883,813. The company has a quick ratio of 0.23, a current ratio of 0.77 and a debt-to-equity ratio of 0.41. Walmart has a 52 week low of $98.88 and a 52 week high of $135.15. The firm has a 50-day moving average of $112.02 and a 200 day moving average of $118.55. The company has a market cap of $998.84 billion, a P/E ratio of 45.54, a P/E/G ratio of 4.67 and a beta of 0.53.

Read Our Latest Research Report on WMT

GameStop (GME)

GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads.

GameStop stock traded up $0.55 during mid-day trading on Friday, hitting $24.72. 2,159,872 shares of the company's stock were exchanged, compared to its average volume of 7,538,802. The company's 50 day simple moving average is $23.42 and its 200-day simple moving average is $22.71. The company has a quick ratio of 8.07, a current ratio of 8.72 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $12.47 billion, a P/E ratio of 16.28 and a beta of 1.65. GameStop has a fifty-two week low of $17.79 and a fifty-two week high of $28.30.

Read Our Latest Research Report on GME

GigaCloud Technology (GCT)

GigaCloud Technology Inc. provides end-to-end B2B ecommerce solutions for large parcel merchandise in the United States and internationally. The company offers GigaCloud Marketplace integrates product discovery to payments to logistics tools into one easy-to-use platform. Its marketplace connects manufacturers primarily in Asia with resellers in the United States, Asia, and Europe to execute cross-border transactions across furniture, home appliance, fitness equipment, and other large parcel categories.

NASDAQ:GCT traded down $3.07 on Friday, reaching $59.94. The company's stock had a trading volume of 440,783 shares, compared to its average volume of 675,430. GigaCloud Technology has a 1-year low of $27.56 and a 1-year high of $67.18. The firm has a market cap of $2.14 billion, a PE ratio of 14.17 and a beta of 1.61. The business's 50-day moving average price is $54.94 and its two-hundred day moving average price is $44.26.

Read Our Latest Research Report on GCT

Pattern Group (PTRN)

At Pattern, we are on a mission to help brands accelerate profitable growth on global ecommerce marketplaces. Today, our proprietary technology and on-demand experts operate across more than 60 marketplaces to increase product sales to consumers in more than 100 countries. Utilizing more than 46 trillion data points and sophisticated machine learning and artificial intelligence (“AI”) models, we strive to optimize and automate key levers of ecommerce growth, including advertising, content creation and management, pricing, forecasting and customer service.

Shares of NASDAQ:PTRN traded up $0.75 during trading on Friday, hitting $18.00. 493,864 shares of the company's stock traded hands, compared to its average volume of 1,453,923. The company has a 50-day moving average price of $18.32 and a 200-day moving average price of $17.58. Pattern Group has a 52 week low of $8.92 and a 52 week high of $29.80. The company has a market cap of $2.80 billion, a price-to-earnings ratio of 27.74 and a beta of 1.29.

Read Our Latest Research Report on PTRN

ContextLogic (WISH)

WISH stock traded down $0.16 during mid-day trading on Friday, hitting $15.30. 144,388 shares of the company were exchanged, compared to its average volume of 991,637. The firm has a market cap of $373.29 million, a P/E ratio of -1.28 and a beta of 2.09. The firm's 50 day simple moving average is $14.66 and its 200 day simple moving average is $10.27. ContextLogic has a 1-year low of $3.55 and a 1-year high of $9.90.

Read Our Latest Research Report on WISH

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