Promising Music Stocks To Research - June 20th

Apple, Amazon.com, Alibaba Group, Walt Disney, and Spotify Technology are the five Music stocks to watch today, according to MarketBeat's stock screener tool. Error: Response status code does not indicate success: 429 (Too Many Requests). 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 $3.11 during trading on Friday, reaching $199.69. 43,796,538 shares of the company traded hands, compared to its average volume of 54,302,775. The firm has a fifty day simple moving average of $202.29 and a 200 day simple moving average of $222.00. The company has a quick ratio of 0.78, a current ratio of 0.82 and a debt-to-equity ratio of 1.18. Apple has a 1-year low of $169.21 and a 1-year high of $260.10. The firm has a market cap of $2.98 trillion, a P/E ratio of 31.08, a price-to-earnings-growth ratio of 2.19 and a beta of 1.22.

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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.

Shares of NASDAQ:AMZN traded down $2.53 during midday trading on Friday, hitting $209.99. 33,719,352 shares of the stock were exchanged, compared to its average volume of 42,130,623. The company has a market capitalization of $2.23 trillion, a PE ratio of 34.19, a P/E/G ratio of 1.61 and a beta of 1.33. Amazon.com has a 52-week low of $151.61 and a 52-week 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. The business's fifty day simple moving average is $197.91 and its two-hundred day simple moving average is $209.34.

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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 $0.45 during mid-day trading on Friday, hitting $113.04. The stock had a trading volume of 6,402,313 shares, compared to its average volume of 19,915,823. Alibaba Group has a 1-year low of $71.80 and a 1-year high of $148.43. The company has a fifty day moving average of $119.24 and a 200 day moving average of $111.70. The company has a current ratio of 1.55, a quick ratio of 1.48 and a debt-to-equity ratio of 0.19. The stock has a market capitalization of $269.62 billion, a price-to-earnings ratio of 15.18, a PEG ratio of 0.47 and a beta of 0.22.

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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.

Shares of Walt Disney stock traded down $0.76 during trading on Friday, hitting $117.11. 4,972,758 shares of the stock traded hands, compared to its average volume of 10,072,892. The company has a fifty day moving average price of $104.04 and a two-hundred day moving average price of $105.87. Walt Disney has a twelve month low of $80.10 and a twelve month high of $120.50. The stock has a market cap of $210.53 billion, a P/E ratio of 23.95, a PEG ratio of 1.73 and a beta of 1.54. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.61 and a current ratio of 0.67.

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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.

SPOT traded up $2.85 during midday trading on Friday, hitting $713.04. 599,922 shares of the company's stock traded hands, compared to its average volume of 2,200,030. The company has a market cap of $145.97 billion, a PE ratio of 118.32, a price-to-earnings-growth ratio of 1.86 and a beta of 1.68. The stock's fifty day simple moving average is $643.00 and its 200-day simple moving average is $572.69. Spotify Technology has a one year low of $288.07 and a one year high of $728.80.

Read Our Latest Research Report on SPOT