Apple, Amazon.com, Spotify Technology, Alibaba Group, Walt Disney, Western Digital, and Live Nation Entertainment are the seven Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks (often called “stock music”) are libraries of pre-recorded musical tracks that creators can license for use in films, advertisements, videos and other media projects. Rather than commissioning an original score, users select from a catalog organized by genre, mood and length, then obtain rights under royalty-free or rights-managed terms. This approach streamlines the process of adding professional audio to multimedia content at a predictable cost. 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 $4.97 during trading hours on Wednesday, hitting $201.89. The company's stock had a trading volume of 33,907,995 shares, compared to its average volume of 58,368,887. The business's 50-day moving average is $205.87 and its two-hundred day moving average is $226.43. The company has a market capitalization of $3.02 trillion, a PE ratio of 32.05, a PEG ratio of 2.44 and a beta of 1.27. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. Apple has a 52-week low of $169.21 and a 52-week high of $260.10.
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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.
NASDAQ:AMZN traded down $3.04 during trading hours on Wednesday, hitting $201.03. The company's stock had a trading volume of 27,846,942 shares, compared to its average volume of 45,990,094. The business's 50-day moving average is $189.68 and its two-hundred day moving average is $208.79. The company has a market capitalization of $2.13 trillion, a PE ratio of 36.35, a PEG ratio of 1.50 and a beta of 1.30. 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 52-week low of $151.61 and a 52-week high of $242.52.
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.
NYSE:SPOT traded down $12.50 during trading hours on Wednesday, hitting $646.11. The company's stock had a trading volume of 1,214,739 shares, compared to its average volume of 2,192,144. The business's 50-day moving average is $590.56 and its two-hundred day moving average is $537.33. The company has a market capitalization of $132.26 billion, a PE ratio of 108.83 and a beta of 1.72. Spotify Technology has a 52-week low of $288.07 and a 52-week high of $669.00.
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.
NYSE:BABA traded down $1.62 during trading hours on Wednesday, hitting $123.54. The company's stock had a trading volume of 5,971,352 shares, compared to its average volume of 20,258,552. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.48 and a current ratio of 1.48. The company has a market capitalization of $295.01 billion, a PE ratio of 17.88, a PEG ratio of 0.61 and a beta of 0.24. Alibaba Group has a 52-week low of $71.80 and a 52-week high of $148.43. The business's 50-day moving average is $122.84 and its two-hundred day moving average is $107.63.
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.
Walt Disney stock traded down $1.57 during trading hours on Wednesday, hitting $110.79. The stock had a trading volume of 3,304,578 shares, compared to its average volume of 9,997,753. 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 has a market capitalization of $199.17 billion, a price-to-earnings ratio of 36.16, a PEG ratio of 1.80 and a beta of 1.49. Walt Disney has a 1-year low of $80.10 and a 1-year high of $118.63. The stock's fifty day moving average is $95.21 and its two-hundred day moving average is $105.02.
Read Our Latest Research Report on DIS
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.
Western Digital stock traded down $0.82 during trading hours on Wednesday, hitting $49.81. The stock had a trading volume of 2,950,451 shares, compared to its average volume of 8,676,515. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.99 and a quick ratio of 1.26. The stock has a market capitalization of $17.38 billion, a price-to-earnings ratio of 11.86 and a beta of 1.42. Western Digital has a 1-year low of $28.83 and a 1-year high of $61.16. The stock's fifty day moving average is $41.14 and its two-hundred day moving average is $55.38.
Read Our Latest Research Report on WDC
Live Nation Entertainment (LYV)
Live Nation Entertainment, Inc. operates as a live entertainment company worldwide. It operates through Concerts, Ticketing, and Sponsorship & Advertising segments. The Concerts segment promotes live music events in its owned or operated venues, and in rented third-party venues. This segment operates and manages music venues; produces music festivals; creates and streams associated content; and offers management and other services to artists.
Live Nation Entertainment stock traded down $1.11 during trading hours on Wednesday, hitting $145.19. The stock had a trading volume of 972,385 shares, compared to its average volume of 2,237,578. The company has a debt-to-equity ratio of 6.10, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $33.65 billion, a price-to-earnings ratio of 53.48, a PEG ratio of 1.81 and a beta of 1.47. Live Nation Entertainment has a 1-year low of $86.81 and a 1-year high of $157.75. The stock's fifty day moving average is $130.53 and its two-hundred day moving average is $134.41.
Read Our Latest Research Report on LYV
See Also
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