Apple, Amazon.com, Walt Disney, Alibaba Group, Spotify Technology, Etsy, and Western Digital are the seven Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are shares of publicly traded companies whose primary business is creating, distributing or monetizing music—such as streaming platforms, record labels, music publishers or concert promoters. By buying these stocks, investors gain exposure to the industry’s revenue streams, including subscription fees, advertising, licensing income and performance royalties. 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.
Shares of Apple stock traded down $2.75 during trading hours on Friday, hitting $196.45. The company's stock had a trading volume of 51,345,532 shares, compared to its average volume of 54,742,937. The business has a 50 day moving average price of $201.76 and a two-hundred day moving average price of $223.02. Apple has a 12-month low of $169.21 and a 12-month high of $260.10. The company has a market cap of $2.93 trillion, a PE ratio of 31.18, a PEG ratio of 2.44 and a beta of 1.22. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92.
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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 Amazon.com stock traded down $1.14 during trading hours on Friday, hitting $212.10. The company's stock had a trading volume of 29,295,190 shares, compared to its average volume of 42,179,363. Amazon.com has a 12-month low of $151.61 and a 12-month high of $242.52. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.87 and a current ratio of 1.06. The business has a 50 day moving average price of $195.47 and a two-hundred day moving average price of $209.18. The company has a market cap of $2.25 trillion, a PE ratio of 38.35, a PEG ratio of 1.50 and a beta of 1.33.
Read Our Latest Research Report on AMZN
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.
Shares of DIS stock traded down $0.76 during trading hours on Friday, hitting $117.85. The stock had a trading volume of 13,143,189 shares, compared to its average volume of 10,094,029. Walt Disney has a one year low of $80.10 and a one year high of $120.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The stock's 50-day moving average price is $101.58 and its two-hundred day moving average price is $105.85. The stock has a market capitalization of $211.86 billion, a price-to-earnings ratio of 38.39, a PEG ratio of 1.80 and a beta of 1.54.
Read Our Latest Research Report on DIS
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.
NYSE BABA traded down $3.91 during trading hours on Friday, hitting $112.71. 13,309,167 shares of the company were exchanged, compared to its average volume of 19,998,473. The stock has a 50-day moving average price of $118.35 and a 200 day moving average price of $111.10. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 0.19. Alibaba Group has a 52 week low of $71.80 and a 52 week high of $148.43. The stock has a market cap of $268.93 billion, a PE ratio of 16.29, a price-to-earnings-growth ratio of 0.61 and a beta of 0.22.
Read Our Latest Research Report on BABA
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 up $7.71 during trading hours on Friday, hitting $710.53. 1,124,720 shares of the company's stock traded hands, compared to its average volume of 2,209,186. Spotify Technology has a 1 year low of $288.07 and a 1 year high of $717.87. The business has a fifty day moving average price of $629.98 and a 200-day moving average price of $566.76. The firm has a market capitalization of $145.45 billion, a P/E ratio of 119.42 and a beta of 1.68.
Read Our Latest Research Report on SPOT
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 NASDAQ:ETSY traded down $3.30 during trading hours on Friday, hitting $55.99. 10,589,250 shares of the company's stock traded hands, compared to its average volume of 4,168,723. Etsy has a 1 year low of $40.05 and a 1 year high of $66.81. The business has a fifty day moving average price of $49.04 and a 200-day moving average price of $51.24. The firm has a market capitalization of $5.84 billion, a P/E ratio of 23.62, a price-to-earnings-growth ratio of 2.57 and a beta of 1.80.
Read Our Latest Research Report on ETSY
Western Digital (WDC)
Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications.
Shares of NASDAQ WDC traded down $0.08 during trading hours on Friday, reaching $55.70. The stock had a trading volume of 10,554,434 shares, compared to its average volume of 6,475,552. The company has a current ratio of 1.99, a quick ratio of 1.26 and a debt-to-equity ratio of 0.60. The firm has a market cap of $19.43 billion, a price-to-earnings ratio of 13.26 and a beta of 1.49. The business's fifty day moving average price is $45.72 and its two-hundred day moving average price is $53.70. Western Digital has a 52-week low of $28.83 and a 52-week high of $81.55.
Read Our Latest Research Report on WDC
See Also
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