NetApp, CommVault Systems, and Alarm.com are the three Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks are shares of publicly traded companies that provide cloud-based data storage, backup and management services to businesses and consumers. Investors in these stocks gain exposure to the recurring-revenue models and growth potential driven by rising digital data demands, remote work trends and ongoing digital transformation. These companies had the highest dollar trading volume of any Cloud Storage stocks within the last several days.
NetApp (NTAP)
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID.
NASDAQ NTAP traded down $3.03 on Friday, hitting $101.10. The company's stock had a trading volume of 1,414,970 shares, compared to its average volume of 1,410,739. NetApp has a 52-week low of $71.84 and a 52-week high of $135.45. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 2.39. The company's 50-day simple moving average is $104.23 and its 200 day simple moving average is $102.10. The firm has a market cap of $20.26 billion, a P/E ratio of 17.80, a PEG ratio of 2.40 and a beta of 1.44.
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CommVault Systems (CVLT)
Commvault Systems, Inc. provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.
NASDAQ CVLT traded down $10.22 on Friday, hitting $179.73. The company's stock had a trading volume of 515,257 shares, compared to its average volume of 501,117. CommVault Systems has a 52-week low of $127.35 and a 52-week high of $200.68. The company's 50-day simple moving average is $177.02 and its 200 day simple moving average is $168.97. The firm has a market cap of $8.00 billion, a P/E ratio of 99.85 and a beta of 0.73.
Read Our Latest Research Report on CVLT
Alarm.com (ALRM)
Alarm.com Holdings, Inc. provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.
NASDAQ ALRM traded down $0.58 on Friday, hitting $54.05. The company's stock had a trading volume of 501,093 shares, compared to its average volume of 263,039. Alarm.com has a 52-week low of $48.23 and a 52-week high of $70.06. The company has a current ratio of 2.14, a quick ratio of 2.01 and a debt-to-equity ratio of 0.64. The company's 50-day simple moving average is $56.64 and its 200 day simple moving average is $57.16. The firm has a market cap of $2.69 billion, a P/E ratio of 22.81, a PEG ratio of 2.92 and a beta of 0.97.
Read Our Latest Research Report on ALRM
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