Apple, Amazon.com, Alibaba Group, Spotify Technology, and Walt Disney are the five Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are shares of publicly traded companies whose core business involves the creation, distribution, streaming or monetization of music—this includes record labels, streaming platforms, concert promoters and rights‐management firms. By buying and selling music stocks, investors seek exposure to revenue streams such as streaming royalties, live‐event ticket sales and licensing fees. 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 $1.55 on Tuesday, hitting $214.03. The company had a trading volume of 29,030,885 shares, compared to its average volume of 53,048,989. The company has a current ratio of 0.82, a quick ratio of 0.78 and a debt-to-equity ratio of 1.18. Apple has a 52-week low of $169.21 and a 52-week high of $260.10. The business has a 50 day moving average of $204.57 and a 200 day moving average of $215.41. The company has a market cap of $3.20 trillion, a PE ratio of 33.27, a PEG ratio of 2.36 and a beta of 1.20.
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.
Amazon.com stock traded down $1.80 during trading on Tuesday, hitting $227.50. The company's stock had a trading volume of 22,842,505 shares, compared to its average volume of 41,909,161. The stock has a market capitalization of $2.42 trillion, a price-to-earnings ratio of 37.00, a P/E/G ratio of 1.69 and a beta of 1.33. The stock's fifty day moving average is $213.50 and its 200 day moving average is $208.51. Amazon.com has a 1-year low of $151.61 and a 1-year high of $242.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.84 and a current ratio of 1.05.
Read Our Latest Research Report on AMZN
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.
Alibaba Group stock traded up $0.18 during trading on Tuesday, hitting $120.45. The company's stock had a trading volume of 8,087,943 shares, compared to its average volume of 20,162,352. The stock has a market capitalization of $287.40 billion, a price-to-earnings ratio of 16.15, a P/E/G ratio of 1.77 and a beta of 0.21. The stock's fifty day moving average is $116.76 and its 200 day moving average is $115.86. Alibaba Group has a 1-year low of $73.87 and a 1-year high of $148.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.55 and a current ratio of 1.55.
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.
Spotify Technology stock traded down $28.16 during trading on Tuesday, hitting $678.72. The company's stock had a trading volume of 1,111,977 shares, compared to its average volume of 2,214,481. The stock has a market capitalization of $138.94 billion, a price-to-earnings ratio of 112.64, a P/E/G ratio of 1.85 and a beta of 1.68. The stock's fifty day moving average is $696.06 and its 200 day moving average is $611.91. Spotify Technology has a 1-year low of $290.13 and a 1-year high of $785.00.
Read Our Latest Research Report on SPOT
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.
DIS stock traded up $0.46 during trading on Tuesday, reaching $121.30. 2,805,575 shares of the stock traded hands, compared to its average volume of 9,965,673. The business's 50 day moving average price is $117.00 and its 200-day moving average price is $106.95. Walt Disney has a 52-week low of $80.10 and a 52-week high of $124.69. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.67 and a quick ratio of 0.61. The firm has a market capitalization of $218.07 billion, a PE ratio of 24.80, a P/E/G ratio of 1.78 and a beta of 1.56.
Read Our Latest Research Report on DIS
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