Promising Social Media Stocks To Keep An Eye On - May 30th

Trump Media & Technology Group, Shopify, HubSpot, Vertiv, and Ambarella are the five Social Media stocks to watch today, according to MarketBeat's stock screener tool. Social media stocks are shares of publicly traded companies whose core business is operating online platforms for social networking, content sharing and digital communication. Their market value is largely driven by user engagement metrics, advertising revenue and broader trends in the digital economy. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Trump Media & Technology Group (DJT)

Trump Media & Technology Group Corp. engages in operating social media and in the technology business. Its brands include TRUTH Social, TMTG+ and TMTG News. The company was founded on March 28, 2024 and is headquartered in Sarasota, FL.

NASDAQ:DJT traded up $0.64 during trading hours on Friday, reaching $21.47. 19,048,449 shares of the company's stock were exchanged, compared to its average volume of 16,093,849. The company has a 50-day moving average of $22.53 and a 200 day moving average of $27.92. The company has a quick ratio of 47.49, a current ratio of 45.33 and a debt-to-equity ratio of 0.01. Trump Media & Technology Group has a 1-year low of $11.75 and a 1-year high of $54.68.

Read Our Latest Research Report on DJT

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company's platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Shares of SHOP stock traded down $3.20 during mid-day trading on Friday, hitting $104.51. The stock had a trading volume of 3,538,369 shares, compared to its average volume of 9,425,638. Shopify has a fifty-two week low of $48.56 and a fifty-two week high of $129.38. The company's 50-day simple moving average is $95.41 and its 200-day simple moving average is $105.15. The firm has a market cap of $135.32 billion, a PE ratio of 67.26, a PEG ratio of 4.82 and a beta of 2.66.

Read Our Latest Research Report on SHOP

HubSpot (HUBS)

HubSpot, Inc., together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.

NYSE:HUBS traded up $3.21 during mid-day trading on Friday, hitting $581.46. 619,740 shares of the company's stock traded hands, compared to its average volume of 619,497. The company has a market cap of $30.67 billion, a PE ratio of 6,431.87, a price-to-earnings-growth ratio of 41.44 and a beta of 1.78. HubSpot has a 1 year low of $434.84 and a 1 year high of $881.13. The firm's 50 day simple moving average is $590.41 and its 200 day simple moving average is $671.54.

Read Our Latest Research Report on HUBS

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

VRT traded down $1.83 during trading on Friday, hitting $106.64. 2,765,940 shares of the company's stock were exchanged, compared to its average volume of 8,916,887. The stock has a 50 day moving average price of $86.01 and a 200 day moving average price of $105.45. Vertiv has a 1 year low of $53.60 and a 1 year high of $155.84. The company has a current ratio of 1.65, a quick ratio of 1.02 and a debt-to-equity ratio of 1.19. The firm has a market cap of $40.64 billion, a P/E ratio of 83.24, a price-to-earnings-growth ratio of 1.07 and a beta of 1.70.

Read Our Latest Research Report on VRT

Ambarella (AMBA)

Ambarella, Inc. develops semiconductor solutions that enable high-definition (HD) and ultra HD compression, image signal processing, and artificial intelligence processing worldwide. The company's system-on-a-chip designs integrated HD video processing, image processing, artificial intelligence computer vision algorithms, audio processing, and system functions onto a single chip for delivering video and image quality, differentiated functionality, and low power consumption.

AMBA stock traded down $10.70 during mid-day trading on Friday, hitting $51.30. 2,863,766 shares of the company were exchanged, compared to its average volume of 713,158. The firm has a fifty day simple moving average of $51.37 and a 200 day simple moving average of $63.44. Ambarella has a twelve month low of $38.86 and a twelve month high of $85.15. The company has a market capitalization of $2.18 billion, a PE ratio of -13.28 and a beta of 1.99.

Read Our Latest Research Report on AMBA