Top Streaming Stocks To Watch Now - November 6th

Key Points

• MarketBeat’s five streaming stocks to watch are Spotify Technology, Roku, Franco-Nevada, NetEase and Logitech International, selected for their recent dollar trading volume.
• “Streaming stocks” usually means precious-metals royalty and streaming companies, but this list spans several businesses: Franco-Nevada is a metals-focused streamer, while the others include audio, video and music-streaming businesses and streaming-related hardware.
• In Friday midday trading, Roku, Franco-Nevada and NetEase shares rose, while Spotify and Logitech shares fell.

Spotify Technology, Roku, Franco-Nevada, NetEase, and Logitech International are the five Streaming stocks to watch today, according to MarketBeat's stock screener tool. “Streaming stocks” usually refers to shares in precious-metal streaming companies. These companies provide mining firms with upfront financing in exchange for the right to buy a portion of future production at agreed prices, giving investors exposure to metals without directly operating mines. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

Spotify Technology (SPOT)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

Shares of NYSE:SPOT traded down $12.52 during midday trading on Friday, reaching $601.89. The company had a trading volume of 993,461 shares, compared to its average volume of 2,187,925. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $668.49. The company's 50 day moving average price is $535.91 and its 200 day moving average price is $500.01. The stock has a market cap of $123.92 billion, a P/E ratio of 39.93, a P/E/G ratio of 1.94 and a beta of 1.49.

Read Our Latest Research Report on SPOT

Roku (ROKU)

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

Shares of NASDAQ:ROKU traded up $0.63 during midday trading on Friday, reaching $161.00. 2,582,985 shares of the company traded hands, compared to its average volume of 3,280,707. Roku has a 12 month low of $78.53 and a 12 month high of $163.57. The firm's fifty day moving average price is $155.25 and its two-hundred day moving average price is $128.63. The firm has a market capitalization of $23.90 billion, a price-to-earnings ratio of 47.65 and a beta of 2.12.

Read Our Latest Research Report on ROKU

Franco-Nevada (FNV)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.

Shares of NYSE:FNV traded up $2.03 on Friday, hitting $252.72. The company's stock had a trading volume of 320,540 shares, compared to its average volume of 817,232. The company has a 50-day simple moving average of $249.16 and a 200 day simple moving average of $240.06. Franco-Nevada has a 1 year low of $187.47 and a 1 year high of $285.67. The company has a market capitalization of $48.75 billion, a PE ratio of 32.99, a PEG ratio of 2.81 and a beta of 0.34.

Read Our Latest Research Report on FNV

NetEase (NTES)

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.

NTES traded up $2.84 on Friday, reaching $129.40. The company had a trading volume of 483,667 shares, compared to its average volume of 839,240. NetEase has a 52-week low of $106.06 and a 52-week high of $149.11. The company has a market cap of $82.85 billion, a price-to-earnings ratio of 17.81, a P/E/G ratio of 1.44 and a beta of 0.64. The business has a 50 day simple moving average of $119.53 and a 200 day simple moving average of $120.93.

Read Our Latest Research Report on NTES

Logitech International (LOGI)

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.

Shares of NASDAQ:LOGI traded down $1.44 on Friday, reaching $96.73. 491,259 shares of the company traded hands, compared to its average volume of 1,097,946. The stock has a market capitalization of $14.18 billion, a P/E ratio of 17.40, a price-to-earnings-growth ratio of 5.29 and a beta of 1.21. The business's 50-day simple moving average is $101.86 and its 200 day simple moving average is $99.73. Logitech International has a 52 week low of $83.32 and a 52 week high of $129.66.

Read Our Latest Research Report on LOGI

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