Apple, Amazon.com, and Alibaba Group are the three Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are libraries of pre-recorded musical tracks available for licensing by filmmakers, advertisers, video producers and other content creators. These tracks—often sold under royalty-free or rights-managed terms—allow users to legally incorporate professional music into their projects without commissioning bespoke compositions. 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 $2.08 during mid-day trading on Monday, hitting $213.26. The company had a trading volume of 37,336,852 shares, compared to its average volume of 53,084,905. The stock has a market cap of $3.19 trillion, a price-to-earnings ratio of 33.23, a PEG ratio of 2.36 and a beta of 1.20. Apple has a 12 month low of $169.21 and a 12 month high of $260.10. The company has a debt-to-equity ratio of 1.18, a current ratio of 0.82 and a quick ratio of 0.78. The firm's 50 day simple moving average is $204.57 and its two-hundred day simple moving average is $215.41.
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.
Shares of AMZN traded up $3.16 during trading hours on Monday, hitting $229.29. 27,877,292 shares of the company were exchanged, compared to its average volume of 41,936,790. The company has a market capitalization of $2.43 trillion, a PE ratio of 37.36, a PEG ratio of 1.69 and a beta of 1.33. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.05 and a quick ratio of 0.84. The firm has a fifty day simple moving average of $213.50 and a 200-day simple moving average of $208.51. Amazon.com has a one year low of $151.61 and a one year high of $242.52.
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.
Shares of Alibaba Group stock traded up $0.43 during midday trading on Monday, hitting $120.66. The company's stock had a trading volume of 14,198,736 shares, compared to its average volume of 20,193,025. The firm has a market capitalization of $287.89 billion, a P/E ratio of 16.20, a PEG ratio of 1.77 and a beta of 0.22. The stock has a 50-day simple moving average of $116.76 and a 200-day simple moving average of $115.86. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. Alibaba Group has a 1-year low of $73.87 and a 1-year high of $148.43.
Read Our Latest Research Report on BABA
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