NetApp, CommVault Systems, Alarm.com, Tuya, GoPro, Backblaze, and Shengfeng Development are the seven Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks are equity shares of companies that provide data storage and management services hosted on remote servers and accessed via the Internet. Investors in these stocks gain exposure to the growing demand for scalable, secure, and cost-effective data storage solutions. Leading examples include publicly traded providers such as Amazon Web Services, Microsoft Azure and Google Cloud Platform. 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.
NTAP traded down $0.06 on Friday, reaching $102.69. The stock had a trading volume of 3,005,801 shares, compared to its average volume of 1,926,311. NetApp has a 12-month low of $71.84 and a 12-month high of $135.45. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 2.39. The business's 50-day moving average price is $95.79 and its two-hundred day moving average price is $104.89. The company has a market cap of $20.58 billion, a P/E ratio of 18.08, a price-to-earnings-growth ratio of 2.35 and a beta of 1.42.
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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.
CVLT traded down $9.72 on Friday, reaching $170.45. The stock had a trading volume of 1,168,412 shares, compared to its average volume of 426,792. CommVault Systems has a 12-month low of $118.07 and a 12-month high of $192.01. The business's 50-day moving average price is $173.62 and its two-hundred day moving average price is $166.52. The company has a market cap of $7.52 billion, a P/E ratio of 100.86 and a beta of 0.75.
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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.
ALRM traded down $0.15 on Friday, reaching $56.17. The stock had a trading volume of 572,992 shares, compared to its average volume of 397,489. The company has a market cap of $2.79 billion, a P/E ratio of 23.70, a price-to-earnings-growth ratio of 3.01 and a beta of 1.02. The business's 50-day moving average price is $55.83 and its two-hundred day moving average price is $58.65. The company has a current ratio of 2.14, a quick ratio of 2.01 and a debt-to-equity ratio of 0.64. Alarm.com has a 12-month low of $48.23 and a 12-month high of $71.98.
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Tuya (TUYA)
Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.
Shares of TUYA stock traded down $0.18 on Friday, reaching $2.35. 3,926,237 shares of the company were exchanged, compared to its average volume of 1,966,073. The company has a market cap of $1.27 billion, a price-to-earnings ratio of 58.64 and a beta of 0.47. The business has a 50-day moving average price of $2.43 and a 200 day moving average price of $2.56. Tuya has a 1 year low of $1.28 and a 1 year high of $4.63.
Read Our Latest Research Report on TUYA
GoPro (GPRO)
GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.
Shares of GPRO stock traded up $0.04 on Friday, reaching $0.91. 8,719,573 shares of the company were exchanged, compared to its average volume of 2,663,902. The company has a market cap of $143.02 million, a price-to-earnings ratio of -1.01 and a beta of 1.35. The business has a 50-day moving average price of $0.65 and a 200 day moving average price of $0.82. GoPro has a 1 year low of $0.40 and a 1 year high of $1.76.
Read Our Latest Research Report on GPRO
Backblaze (BLZE)
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases.
Shares of BLZE stock traded down $0.08 on Friday, reaching $5.00. 465,556 shares of the company were exchanged, compared to its average volume of 404,582. The company has a market cap of $274.50 million, a price-to-earnings ratio of -4.95 and a beta of 1.17. The business has a 50-day moving average price of $5.13 and a 200 day moving average price of $5.75. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.09 and a current ratio of 1.09. Backblaze has a 1 year low of $3.94 and a 1 year high of $8.08.
Read Our Latest Research Report on BLZE
Shengfeng Development (SFWL)
Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services.
Shares of SFWL stock traded down $0.00 on Friday, reaching $0.97. 21,035 shares of the company were exchanged, compared to its average volume of 47,880. The business has a 50-day moving average price of $0.98 and a 200 day moving average price of $1.01. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 0.13. Shengfeng Development has a 1 year low of $0.86 and a 1 year high of $1.60.
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