Apple, Amazon.com, Alibaba Group, Walt Disney, Spotify Technology, Synchrony Financial, and Etsy are the seven Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are publicly traded shares of companies operating in the music industry, including record labels, streaming platforms, live-event promoters and instrument manufacturers. By investing in these equities, shareholders gain exposure to revenue sources such as digital‐streaming subscriptions, licensing fees, concert ticket sales and music merchandise. 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.
NASDAQ:AAPL traded down $3.27 on Wednesday, reaching $199.41. 35,252,359 shares of the company's stock were exchanged, compared to its average volume of 55,975,064. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. The firm has a market cap of $2.98 trillion, a price-to-earnings ratio of 31.71, a P/E/G ratio of 2.44 and a beta of 1.22. Apple has a 52 week low of $169.21 and a 52 week high of $260.10. The stock has a fifty day simple moving average of $200.71 and a 200-day simple moving average of $223.77.
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.
Amazon.com stock traded down $3.93 during mid-day trading on Wednesday, reaching $213.68. The company's stock had a trading volume of 18,321,023 shares, compared to its average volume of 42,043,185. The firm's fifty day moving average price is $193.04 and its two-hundred day moving average price is $209.02. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. Amazon.com has a 12-month low of $151.61 and a 12-month high of $242.52. The company has a market capitalization of $2.27 trillion, a P/E ratio of 38.66, a PEG ratio of 1.50 and a beta of 1.33.
Read Our Latest Research Report on AMZN
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 down $1.46 during mid-day trading on Wednesday, hitting $120.42. The company had a trading volume of 7,277,844 shares, compared to its average volume of 19,954,618. The company has a market capitalization of $287.32 billion, a price-to-earnings ratio of 17.40, a P/E/G ratio of 0.61 and a beta of 0.22. Alibaba Group has a 1 year low of $71.80 and a 1 year high of $148.43. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.19. The stock's 50-day moving average price is $117.79 and its 200-day moving average price is $110.46.
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 $0.36 during trading on Wednesday, reaching $119.09. 5,113,619 shares of the company were exchanged, compared to its average volume of 10,050,848. Walt Disney has a 12-month low of $80.10 and a 12-month high of $120.50. The company's 50-day moving average is $99.43 and its two-hundred day moving average is $105.72. The company has a quick ratio of 0.62, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $214.08 billion, a price-to-earnings ratio of 38.78, a P/E/G ratio of 1.80 and a beta of 1.54.
Read Our Latest Research Report on DIS
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 $13.48 during midday trading on Wednesday, hitting $706.80. 673,469 shares of the company traded hands, compared to its average volume of 2,209,317. Spotify Technology has a one year low of $288.07 and a one year high of $717.87. The firm has a market cap of $144.69 billion, a P/E ratio of 118.65 and a beta of 1.68. The stock has a 50-day moving average of $618.26 and a 200-day moving average of $561.98.
Read Our Latest Research Report on SPOT
Synchrony Financial (SYF)
Synchrony Financial, together with its subsidiaries, operates as a consumer financial services company in the United States. It provides credit products, such as credit cards, commercial credit products, and consumer installment loans. The company also offers private label credit cards, dual co-brand and general purpose credit cards, short- and long-term installment loans, and consumer banking products; and deposit products, including certificates of deposit, individual retirement accounts, money market accounts, and savings accounts, and sweep and affinity deposits, as well as accepts deposits through third-party securities brokerage firms.
Synchrony Financial stock traded up $1.37 during midday trading on Wednesday, reaching $62.13. 2,695,440 shares of the stock were exchanged, compared to its average volume of 3,907,052. Synchrony Financial has a 52 week low of $40.55 and a 52 week high of $70.93. The company has a debt-to-equity ratio of 1.01, a quick ratio of 1.24 and a current ratio of 1.24. The firm has a market cap of $23.65 billion, a PE ratio of 7.28, a PEG ratio of 0.71 and a beta of 1.44. The company's fifty day moving average is $53.82 and its 200-day moving average is $59.88.
Read Our Latest Research Report on SYF
Etsy (ETSY)
Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items.
Shares of Etsy stock traded down $0.94 during trading on Wednesday, hitting $60.89. The stock had a trading volume of 2,626,137 shares, compared to its average volume of 4,083,595. Etsy has a 12 month low of $40.05 and a 12 month high of $66.90. The firm has a market cap of $6.35 billion, a price-to-earnings ratio of 25.79, a P/E/G ratio of 2.57 and a beta of 1.80. The business's 50-day moving average is $48.11 and its 200 day moving average is $51.17.
Read Our Latest Research Report on ETSY
Further Reading
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