Social Media Stocks To Follow Today - August 1st

Key Points

• Vertiv, Shopify, Mondelez International, Innodata, and Expedia Group are highlighted as the top social media stocks to follow, driven by metrics such as user growth and advertising revenue.
• Vertiv Holdings Co. shares traded down to $139.83, experiencing strong trading volume with a market capitalization of $53.29 billion and a price-to-earnings ratio of 66.91.
• Shopify Inc. stocks fell to $118.15 on a trading volume of over 6 million shares, with a market cap of $153.28 billion and a price-to-earnings ratio of 76.27.

Vertiv, Shopify, Mondelez International, Innodata, and Expedia Group 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 primary business is operating online social networking platforms, content-sharing apps, or digital communication services. Their performance is driven largely by user growth, engagement metrics, advertising revenue and data-monetization trends. Investors in these stocks watch metrics like monthly active users, ad-rate changes and platform innovations to gauge future earnings potential. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

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.

Shares of NYSE:VRT traded down $5.77 on Friday, hitting $139.83. The stock had a trading volume of 6,518,889 shares, compared to its average volume of 9,516,198. The firm's 50 day moving average price is $121.71 and its 200-day moving average price is $104.78. The company has a market capitalization of $53.29 billion, a price-to-earnings ratio of 66.91, a price-to-earnings-growth ratio of 1.34 and a beta of 1.75. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.28 and a current ratio of 1.72. Vertiv has a twelve month low of $53.60 and a twelve month high of $155.84.

Read Our Latest Research Report on VRT

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.

Shopify stock traded down $4.06 during trading hours on Friday, reaching $118.15. 6,174,309 shares of the company's stock traded hands, compared to its average volume of 10,335,878. Shopify has a fifty-two week low of $48.56 and a fifty-two week high of $129.38. The firm has a market capitalization of $153.28 billion, a price-to-earnings ratio of 76.27, a PEG ratio of 4.82 and a beta of 2.61. The firm's 50 day moving average is $113.56 and its 200-day moving average is $106.44.

Read Our Latest Research Report on SHOP

Mondelez International (MDLZ)

Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.

Shares of NASDAQ:MDLZ traded down $0.33 during midday trading on Friday, hitting $64.37. The stock had a trading volume of 5,454,814 shares, compared to its average volume of 9,088,833. The company has a quick ratio of 0.40, a current ratio of 0.64 and a debt-to-equity ratio of 0.69. The business's 50-day simple moving average is $67.77 and its 200-day simple moving average is $65.20. Mondelez International has a 12 month low of $53.95 and a 12 month high of $76.06. The company has a market cap of $83.34 billion, a P/E ratio of 23.59, a PEG ratio of 4.90 and a beta of 0.48.

Read Our Latest Research Report on MDLZ

Innodata (INOD)

Innodata Inc. operates as a global data engineering company in the United States, the United Kingdom, the Netherlands, Canada, and internationally. The company operates through three segments: Digital Data Solutions (DDS), Synodex, and Agility. The DDS segment engages in the provision of artificial intelligence (AI) data preparation services; collecting or creating training data; annotating training data; and training AI algorithms for its customers, as well as AI model deployment and integration services.

Shares of Innodata stock traded down $9.91 during trading on Friday, reaching $44.99. The company's stock had a trading volume of 5,669,559 shares, compared to its average volume of 2,161,205. Innodata has a 52 week low of $13.02 and a 52 week high of $71.00. The business's 50-day moving average price is $46.70 and its 200-day moving average price is $42.91. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 0.09. The firm has a market cap of $1.43 billion, a PE ratio of 43.28 and a beta of 2.68.

Read Our Latest Research Report on INOD

Expedia Group (EXPE)

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

Shares of EXPE stock traded down $4.37 during trading hours on Friday, hitting $175.85. 913,078 shares of the company's stock traded hands, compared to its average volume of 2,078,322. The company has a quick ratio of 0.73, a current ratio of 0.73 and a debt-to-equity ratio of 1.92. Expedia Group has a 12 month low of $110.20 and a 12 month high of $207.73. The stock's 50 day simple moving average is $174.03 and its 200 day simple moving average is $172.71. The stock has a market cap of $22.35 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 0.86 and a beta of 1.57.

Read Our Latest Research Report on EXPE

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