Apple, Amazon.com, Spotify Technology, Alibaba Group, and Walt Disney are the five Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are equity shares of companies operating in the music industry—such as record labels, streaming platforms, publishers and concert promoters. By buying these stocks, investors gain exposure to revenue streams from recorded music sales and streams, music publishing royalties and live‐event ticketing. These companies had the highest dollar trading volume of any Music stocks within the last several days.
Apple (AAPL)
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
AAPL stock traded down $7.97 on Friday, reaching $205.35. The company's stock had a trading volume of 100,891,435 shares, compared to its average volume of 56,620,753. The firm has a fifty day moving average of $212.15 and a two-hundred day moving average of $228.63. The company has a market capitalization of $3.08 trillion, a P/E ratio of 32.60, a price-to-earnings-growth ratio of 2.44 and a beta of 1.26. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. Apple has a 52 week low of $169.21 and a 52 week high of $260.10.
Read Our Latest Research Report on AAPL
Amazon.com (AMZN)
Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.
Shares of NASDAQ AMZN traded down $0.22 during mid-day trading on Friday, reaching $189.98. 77,794,995 shares of the company traded hands, compared to its average volume of 41,684,289. Amazon.com has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The firm has a market cap of $2.02 trillion, a PE ratio of 34.35, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The stock has a fifty day simple moving average of $190.48 and a 200-day simple moving average of $207.77. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.06 and a quick ratio of 0.87.
Read Our Latest Research Report on AMZN
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 SPOT traded up $40.51 during mid-day trading on Friday, hitting $642.77. The company's stock had a trading volume of 4,848,856 shares, compared to its average volume of 2,162,090. Spotify Technology has a fifty-two week low of $286.21 and a fifty-two week high of $653.32. The stock has a market capitalization of $131.58 billion, a price-to-earnings ratio of 108.03 and a beta of 1.75. The firm has a 50-day moving average price of $570.40 and a 200 day moving average price of $514.59.
Read Our Latest Research Report on SPOT
Alibaba Group (BABA)
Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.
Shares of NYSE BABA traded up $5.33 during trading on Friday, hitting $125.86. The company had a trading volume of 18,023,694 shares, compared to its average volume of 20,593,585. The business's 50-day moving average is $125.16 and its 200 day moving average is $105.31. The company has a market cap of $300.54 billion, a P/E ratio of 18.19, a PEG ratio of 0.61 and a beta of 0.24. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.48 and a current ratio of 1.48. Alibaba Group has a 52 week low of $71.80 and a 52 week high of $148.43.
Read Our Latest Research Report on BABA
Walt Disney (DIS)
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
DIS traded up $1.71 during trading on Friday, reaching $92.52. The company had a trading volume of 7,591,072 shares, compared to its average volume of 10,113,226. The firm's 50-day simple moving average is $95.08 and its 200 day simple moving average is $104.00. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The company has a market cap of $167.26 billion, a price-to-earnings ratio of 30.14, a PEG ratio of 1.80 and a beta of 1.44. Walt Disney has a 12-month low of $80.10 and a 12-month high of $118.63.
Read Our Latest Research Report on DIS
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