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 (also known as stock music or library music) are collections of pre-composed, royalty-free audio tracks and samples made available for licensing in films, commercials, video games and other media projects. They are typically licensed on a one-time or subscription basis, allowing content creators to access professional-quality music without commissioning custom compositions. By offering a wide range of genres, moods and instrumental styles, music stocks simplify and accelerate the integration of background music into multimedia productions. 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 NASDAQ AAPL traded up $9.82 during midday trading on Friday, hitting $229.85. 72,524,132 shares of the stock traded hands, compared to its average volume of 57,690,625. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.83 and a current ratio of 0.87. Apple has a one year low of $169.21 and a one year high of $260.10. The business has a 50 day moving average price of $206.24 and a two-hundred day moving average price of $213.17. The company has a market cap of $3.41 trillion, a PE ratio of 34.99, a P/E/G ratio of 2.24 and a beta of 1.16.
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.
AMZN stock traded down $1.01 during midday trading on Friday, reaching $222.12. 17,622,752 shares of the company's stock traded hands, compared to its average volume of 44,961,539. The company has a quick ratio of 0.81, a current ratio of 1.02 and a debt-to-equity ratio of 0.15. The firm's fifty day moving average price is $219.27 and its 200-day moving average price is $209.03. Amazon.com has a 52 week low of $161.38 and a 52 week high of $242.52. The company has a market cap of $2.37 trillion, a price-to-earnings ratio of 33.90, a P/E/G ratio of 1.50 and a beta of 1.31.
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 NYSE SPOT traded up $19.03 during mid-day trading on Friday, reaching $705.77. 1,689,895 shares of the company's stock traded hands, compared to its average volume of 2,346,359. The business has a 50-day simple moving average of $701.76 and a 200 day simple moving average of $628.47. The stock has a market cap of $144.48 billion, a P/E ratio of 171.36, a PEG ratio of 2.89 and a beta of 1.69. Spotify Technology has a 1-year low of $319.07 and a 1-year high of $785.00.
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.
BABA stock traded down $0.71 during mid-day trading on Friday, reaching $120.25. 6,529,532 shares of the company traded hands, compared to its average volume of 21,612,035. Alibaba Group has a fifty-two week low of $77.74 and a fifty-two week high of $148.43. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. The firm's 50 day moving average price is $115.65 and its 200 day moving average price is $118.93. The stock has a market cap of $286.83 billion, a price-to-earnings ratio of 16.14, a P/E/G ratio of 1.78 and a beta of 0.17.
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.
NYSE:DIS traded down $0.15 during trading hours on Friday, hitting $112.74. 5,285,247 shares of the company traded hands, compared to its average volume of 9,861,171. The company has a quick ratio of 0.61, a current ratio of 0.72 and a debt-to-equity ratio of 0.32. The company has a market cap of $202.67 billion, a PE ratio of 17.68, a PEG ratio of 1.68 and a beta of 1.56. The firm's 50-day simple moving average is $119.18 and its 200-day simple moving average is $107.98. Walt Disney has a one year low of $80.10 and a one year high of $124.69.
Read Our Latest Research Report on DIS
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Apple, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Apple wasn't on the list.
While Apple currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
