Promising Fitness Stocks To Watch Now - May 30th

Apple, PDD, and GAP are the three Fitness stocks to watch today, according to MarketBeat's stock screener tool. Fitness stocks are shares of publicly traded companies whose core businesses involve fitness and wellness—ranging from gym chains and athleisure apparel brands to exercise-equipment manufacturers and digital workout platforms. By buying these stocks, investors gain exposure to consumer spending on health, active lifestyles and related services. Their performance typically hinges on factors like membership growth, product innovation and broader economic and wellness trends. These companies had the highest dollar trading volume of any Fitness 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 NASDAQ AAPL traded up $1.46 during midday trading on Friday, reaching $201.41. 34,222,655 shares of the company traded hands, compared to its average volume of 56,249,790. The company has a market cap of $3.01 trillion, a price-to-earnings ratio of 31.97, a PEG ratio of 2.44 and a beta of 1.27. The stock has a 50-day moving average price of $203.59 and a 200 day moving average price of $225.20. Apple has a 52 week low of $169.21 and a 52 week high of $260.10. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88.

Read Our Latest Research Report on AAPL

PDD (PDD)

PDD Holdings Inc., a multinational commerce group, owns and operates a portfolio of businesses. It operates Pinduoduo, an e-commerce platform that offers products in various categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverage, electronic appliances, furniture and household goods, cosmetics and other personal care, sports and fitness items and auto accessories; and Temu, an online marketplace.

PDD stock traded down $1.74 during trading hours on Friday, hitting $96.55. 13,840,057 shares of the company traded hands, compared to its average volume of 10,186,255. The firm's 50-day simple moving average is $107.49 and its two-hundred day simple moving average is $108.91. The firm has a market cap of $134.41 billion, a P/E ratio of 9.43, a P/E/G ratio of 0.32 and a beta of 0.57. PDD has a 1-year low of $87.11 and a 1-year high of $155.67. The company has a quick ratio of 2.15, a current ratio of 2.15 and a debt-to-equity ratio of 0.02.

Read Our Latest Research Report on PDD

GAP (GAP)

Gap, Inc. operates as a global apparel retail company, which offers clothing, apparel, accessories, and personal care products for men, women, and children. The firm operates through the following segments: Gap Global, Old Navy Global, Banana Republic Global, Athleta, and Other. The Gap Global segment includes apparel and accessories for men and women under the Gap brand, along with the GapKids, BabyGap, GapMaternity, GapBody, and GapFit collections.

Shares of NYSE GAP traded down $5.51 during mid-day trading on Friday, reaching $22.45. 52,028,260 shares of the company traded hands, compared to its average volume of 7,562,194. GAP has a fifty-two week low of $16.99 and a fifty-two week high of $29.29. The firm has a market cap of $8.45 billion, a PE ratio of 10.39, a price-to-earnings-growth ratio of 0.94 and a beta of 2.24. The stock has a fifty day simple moving average of $22.43 and a 200-day simple moving average of $22.91. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.54 and a quick ratio of 0.84.

Read Our Latest Research Report on GAP