NetApp, CommVault Systems, and Alarm.com are the three Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks are publicly traded shares of companies that offer on-demand data storage and management services over the internet. Investors in these stocks gain exposure to businesses that operate large-scale server networks and software platforms enabling individuals and organizations to store, access, and back up digital information remotely. Their performance typically tracks trends in data generation, enterprise IT spending and advances in security, scalability and infrastructure technology. These companies had the highest dollar trading volume of any Cloud Storage stocks within the last several days.
NetApp (NTAP)
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID.
NASDAQ NTAP traded down $2.15 on Friday, reaching $101.98. The stock had a trading volume of 312,276 shares, compared to its average volume of 2,062,841. The company has a debt-to-equity ratio of 2.39, a current ratio of 1.25 and a quick ratio of 1.22. The firm has a fifty day moving average of $104.16 and a two-hundred day moving average of $102.21. NetApp has a 1-year low of $71.84 and a 1-year high of $135.45. The company has a market cap of $20.43 billion, a P/E ratio of 17.95, a price-to-earnings-growth ratio of 2.41 and a beta of 1.42.
Read Our Latest Research Report on NTAP
CommVault Systems (CVLT)
Commvault Systems, Inc. provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.
Shares of CVLT traded down $6.46 during trading hours on Friday, hitting $183.49. 147,339 shares of the company were exchanged, compared to its average volume of 495,535. The company has a market cap of $8.17 billion, a price-to-earnings ratio of 101.94 and a beta of 0.73. CommVault Systems has a fifty-two week low of $127.35 and a fifty-two week high of $200.68. The firm's fifty day moving average is $176.91 and its 200 day moving average is $168.83.
Read Our Latest Research Report on CVLT
Alarm.com (ALRM)
Alarm.com Holdings, Inc. provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.
Shares of ALRM traded up $0.16 during trading hours on Friday, hitting $54.79. 210,483 shares of the company were exchanged, compared to its average volume of 341,083. The company has a market cap of $2.73 billion, a price-to-earnings ratio of 23.11, a P/E/G ratio of 2.99 and a beta of 0.99. Alarm.com has a fifty-two week low of $48.23 and a fifty-two week high of $70.06. The company has a quick ratio of 2.01, a current ratio of 2.14 and a debt-to-equity ratio of 0.64. The firm's fifty day moving average is $56.69 and its 200 day moving average is $57.21.
Read Our Latest Research Report on ALRM
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider NetApp, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NetApp wasn't on the list.
While NetApp currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
