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Promising Digital Media Stocks To Watch Now - November 11th

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Key Points

  • MarketBeat’s digital-media watchlist names Adobe, DoubleVerify, Ziff Davis, Townsquare Media, and BuzzFeed, selected for having the highest recent dollar trading volume among companies in the category.
  • The stocks showed sharply different performance: Adobe traded at $238.07 and DoubleVerify at $13.57, while Ziff Davis was $50.71, Townsquare Media $1.56, and BuzzFeed $0.47.
  • Townsquare Media and BuzzFeed were near their 12-month lows of $1.52 and $0.44, respectively; BuzzFeed also had a notably high beta of 4.02, indicating greater share-price volatility.
  • Five stocks we like better than Adobe.

Adobe, DoubleVerify, Ziff Davis, Townsquare Media, and BuzzFeed 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 that create, distribute, or support content and services online, such as streaming, social media, digital publishing, and online advertising. Investors may group them together to assess opportunities and risks tied to digital audiences, advertising trends, subscriptions, and technology platforms. 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.

Shares of NASDAQ:ADBE traded up $1.37 during mid-day trading on Wednesday, reaching $238.07. 796,194 shares of the stock were exchanged, compared to its average volume of 5,555,490. The stock's 50 day simple moving average is $249.04 and its 200-day simple moving average is $249.02. Adobe has a one year low of $190.12 and a one year high of $362.71. The company has a market cap of $92.66 billion, a P/E ratio of 13.28, a P/E/G ratio of 0.83 and a beta of 1.37. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.41.

Read Our Latest Research Report on ADBE

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.

NYSE DV traded up $0.01 during trading on Wednesday, hitting $13.57. The stock had a trading volume of 748,934 shares, compared to its average volume of 3,015,719. DoubleVerify has a 12 month low of $8.60 and a 12 month high of $13.65. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.69 and a current ratio of 4.69. The company's 50-day moving average price is $13.48 and its two-hundred day moving average price is $11.42. The company has a market capitalization of $2.12 billion, a PE ratio of 33.94, a P/E/G ratio of 1.46 and a beta of 0.93.

Read Our Latest Research Report on DV

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 ZD traded down $0.43 during mid-day trading on Wednesday, hitting $50.71. 66,951 shares of the company's stock were exchanged, compared to its average volume of 730,297. The company has a market cap of $1.68 billion, a PE ratio of 3.00 and a beta of 1.10. Ziff Davis has a 52 week low of $22.45 and a 52 week high of $60.48. The company has a 50-day simple moving average of $56.10 and a 200 day simple moving average of $47.81. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.35 and a quick ratio of 2.16.

Read Our Latest Research Report on ZD

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.

Shares of NYSE TSQ remained flat at $1.56 during midday trading on Wednesday. 82,924 shares of the stock were exchanged, compared to its average volume of 122,729. The stock has a fifty day simple moving average of $4.21 and a 200 day simple moving average of $5.87. The company has a market cap of $28.44 million, a PE ratio of -0.57 and a beta of 1.35. Townsquare Media has a 12 month low of $1.52 and a 12 month high of $7.97.

Read Our Latest Research Report on TSQ

BuzzFeed (BZFD)

BuzzFeed, Inc., a digital media company, distributes content across owned and operated, as well as third-party platforms. The company offers BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a pocket friendly newsroom; Tasty, a platform for food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content.

BuzzFeed stock traded up $0.01 during mid-day trading on Wednesday, reaching $0.47. The company's stock had a trading volume of 257,478 shares, compared to its average volume of 1,303,167. The company has a market capitalization of $39.00 million, a price-to-earnings ratio of -0.30 and a beta of 4.02. BuzzFeed has a 12 month low of $0.44 and a 12 month high of $2.21. The business's 50 day simple moving average is $1.02 and its 200 day simple moving average is $1.05. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.01.

Read Our Latest Research Report on BZFD

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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