NVIDIA, AppLovin, and Spotify Technology are the three Streaming stocks to watch today, according to MarketBeat's stock screener tool. Streaming stocks are shares of publicly traded companies whose core business is delivering digital content—such as video, music or live broadcasts—over the internet in real time. These companies typically earn revenue through subscription fees, advertising or transactional purchases, leveraging on-demand access to build and retain large audiences. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.
NVIDIA (NVDA)
NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.
Shares of NASDAQ:NVDA traded up $2.76 during trading on Monday, hitting $137.89. 136,945,636 shares of the stock were exchanged, compared to its average volume of 283,913,472. NVIDIA has a 12-month low of $86.62 and a 12-month high of $195.95. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13. The company has a fifty day moving average price of $115.48 and a two-hundred day moving average price of $126.24. The company has a market cap of $3.37 trillion, a PE ratio of 54.28, a P/E/G ratio of 1.76 and a beta of 2.11.
Read Our Latest Research Report on NVDA
AppLovin (APP)
AppLovin Corporation engages in building a software-based platform for advertisers to enhance the marketing and monetization of their content in the United States and internationally. It operates through two segments, Software Platform and Apps. The company's software solutions include AppDiscovery, a marketing software solution, which matches advertiser demand with publisher supply through auctions; MAX, an in-app bidding software that optimizes the value of a publisher's advertising inventory by running a real-time competitive auction; Adjust, a measurement and analytics marketing platform that provides marketers with the visibility, insights, and tools needed to grow their apps from early stage to maturity; and Wurl, a connected TV platform, which distributes streaming video for content companies and provides advertising and publishing solutions through its AdPool, ContentDiscovery, and Global FAST Pass products.
APP traded up $4.80 during trading on Monday, hitting $397.80. The company's stock had a trading volume of 4,492,215 shares, compared to its average volume of 6,083,414. The stock has a market cap of $134.61 billion, a PE ratio of 87.65, a PEG ratio of 3.02 and a beta of 2.39. The company has a debt-to-equity ratio of 3.70, a current ratio of 2.41 and a quick ratio of 2.41. The firm's 50 day moving average price is $298.37 and its 200-day moving average price is $328.97. AppLovin has a twelve month low of $60.67 and a twelve month high of $525.15.
Read Our Latest Research Report on APP
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.
NYSE:SPOT traded up $5.78 during mid-day trading on Monday, hitting $670.92. The company had a trading volume of 1,282,582 shares, compared to its average volume of 2,223,970. The firm has a market capitalization of $137.34 billion, a price-to-earnings ratio of 112.73 and a beta of 1.72. Spotify Technology has a 1 year low of $288.07 and a 1 year high of $674.00. The business has a fifty day simple moving average of $599.93 and a 200-day simple moving average of $551.47.
Read Our Latest Research Report on SPOT
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