Apple, Amazon.com, Alibaba Group, Spotify Technology, and Walt Disney are the five Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are publicly traded shares of companies whose core business involves creating, distributing or monetizing music. These firms can include record labels, streaming services, concert promoters, music publishers, instrument manufacturers and rights-management agencies. By buying music stocks, investors gain exposure to industry revenue streams such as streaming subscriptions, live performances, licensing deals and merchandise sales. 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.
Apple stock traded down $0.07 during trading hours on Wednesday, reaching $203.20. The stock had a trading volume of 27,954,231 shares, compared to its average volume of 57,994,313. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. The business's 50 day moving average price is $202.29 and its 200-day moving average price is $224.69. The company has a market cap of $3.03 trillion, a price-to-earnings ratio of 32.25, a PEG ratio of 2.44 and a beta of 1.27. Apple has a 52 week low of $169.21 and a 52 week high of $260.10.
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.
AMZN traded up $1.93 on Wednesday, reaching $207.64. The stock had a trading volume of 16,162,028 shares, compared to its average volume of 41,880,066. Amazon.com has a 12-month low of $151.61 and a 12-month high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The business's 50-day moving average price is $190.77 and its two-hundred day moving average price is $208.61. The company has a market cap of $2.20 trillion, a P/E ratio of 37.55, a price-to-earnings-growth ratio of 1.50 and a beta of 1.30.
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.
Alibaba Group stock traded up $4.01 during mid-day trading on Wednesday, hitting $118.98. The company's stock had a trading volume of 13,542,453 shares, compared to its average volume of 19,958,889. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $283.86 billion, a PE ratio of 17.19, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24. The stock's fifty day moving average is $118.88 and its two-hundred day moving average is $109.28. Alibaba Group has a 1 year low of $71.80 and a 1 year high of $148.43.
Read Our Latest Research Report on BABA
Spotify Technology (SPOT)
Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.
Shares of SPOT traded up $28.95 during midday trading on Wednesday, reaching $700.02. The stock had a trading volume of 1,635,544 shares, compared to its average volume of 2,221,171. The company's fifty day simple moving average is $603.63 and its two-hundred day simple moving average is $553.77. Spotify Technology has a 1-year low of $288.07 and a 1-year high of $703.85. The company has a market cap of $143.30 billion, a price-to-earnings ratio of 117.65 and a beta of 1.72.
Read Our Latest Research Report on SPOT
Walt Disney (DIS)
The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.
DIS traded up $0.25 during trading on Wednesday, reaching $113.85. 2,540,497 shares of the stock were exchanged, compared to its average volume of 10,020,554. The company has a debt-to-equity ratio of 0.36, a current ratio of 0.68 and a quick ratio of 0.62. The company has a market capitalization of $204.67 billion, a price-to-earnings ratio of 37.08, a P/E/G ratio of 1.80 and a beta of 1.49. Walt Disney has a 1 year low of $80.10 and a 1 year high of $118.63. The business's 50 day moving average price is $97.56 and its two-hundred day moving average price is $105.70.
Read Our Latest Research Report on DIS
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