Manufacturing Stocks To Keep An Eye On - July 30th

Key Points

• Palo Alto Networks, CyberArk Software, and Vertiv are highlighted as key manufacturing stocks to monitor due to their high trading volumes recently.
• Palo Alto Networks has a market cap of $123.33 billion and a P/E ratio of 105.63, with shares recently trading around $184.96.
• CyberArk Software reported a strong trading day with shares up to $440.16, showcasing its growing importance in identity security solutions.

Palo Alto Networks, CyberArk Software, and Vertiv are the three Manufacturing stocks to watch today, according to MarketBeat's stock screener tool. Manufacturing stocks are the inventories held by a production facility, encompassing raw materials, work-in-progress items, and finished goods. They serve to buffer production processes against supply interruptions, ensure timely order fulfillment, and represent a key component of a manufacturer’s current assets. These companies had the highest dollar trading volume of any Manufacturing 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 stock traded down $8.89 during mid-day trading on Wednesday, reaching $184.96. 29,997,220 shares of the company's stock traded hands, compared to its average volume of 5,569,350. Palo Alto Networks has a 12 month low of $142.01 and a 12 month high of $210.39. The firm has a 50 day moving average price of $196.53 and a two-hundred day moving average price of $187.18. The firm has a market capitalization of $123.33 billion, a PE ratio of 105.63, a price-to-earnings-growth ratio of 5.71 and a beta of 0.97.

Read Our Latest Research Report on PANW

CyberArk Software (CYBR)

CyberArk Software Ltd., together with its subsidiaries, develops, markets, and sells software-based identity security solutions and services in the United States, Europe, the Middle East, Africa, and internationally. Its solutions include Privileged Access Manager, which offers risk-based credential security and session; Vendor Privileged Access Manager combines Privileged Access Manager and Remote Access to provide secure access to third-party vendors; Dynamic Privileged Access, a SaaS solution that provides just-in-time access to Linux Virtual Machines; Endpoint Privilege Manager, a SaaS solution that secures privileges on the endpoint; and Secure Desktop, a solution that protects access to endpoints.

Shares of NASDAQ CYBR traded up $5.68 during mid-day trading on Wednesday, hitting $440.16. 10,268,021 shares of the company's stock traded hands, compared to its average volume of 764,621. The company has a market capitalization of $21.76 billion, a P/E ratio of -236.55 and a beta of 1.00. CyberArk Software has a 1 year low of $230.00 and a 1 year high of $452.00. The company's 50-day moving average is $388.96 and its two-hundred day moving average is $366.53.

Read Our Latest Research Report on CYBR

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

VRT stock traded up $2.07 during mid-day trading on Wednesday, reaching $144.77. The company had a trading volume of 12,775,420 shares, compared to its average volume of 9,486,925. The firm has a 50 day moving average of $120.06 and a 200 day moving average of $104.35. Vertiv has a 12 month low of $53.60 and a 12 month high of $155.84. The company has a market capitalization of $55.17 billion, a PE ratio of 83.45, a price-to-earnings-growth ratio of 1.42 and a beta of 1.75. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.72 and a quick ratio of 1.28.

Read Our Latest Research Report on VRT

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