Promising Digital Media Stocks To Research – March 20th

Alibaba Group, Adobe, Digital Realty Trust, Rocket Companies, Sunrun, BCE, and Nexstar Media Group are the seven Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are equities of companies that create, distribute, or monetize digital content and services. These stocks typically represent firms operating in areas like social networking, streaming, online publishing, and digital advertising, and their performance is often closely linked to trends in internet usage and technological innovation. These companies had the highest dollar trading volume of any Digital Media stocks within the last several days.

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.

Shares of NYSE BABA traded down $5.85 during trading hours on Thursday, hitting $137.35. 13,807,719 shares of the stock were exchanged, compared to its average volume of 18,960,320. Alibaba Group has a 1-year low of $68.36 and a 1-year high of $148.43. The company has a market cap of $326.33 billion, a PE ratio of 19.83, a price-to-earnings-growth ratio of 0.61 and a beta of 0.27. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.48 and a current ratio of 1.48. The company’s fifty day simple moving average is $114.33 and its two-hundred day simple moving average is $100.04.

Adobe (ADBE)

Adobe Inc., together with its subsidiaries, operates as a diversified software company worldwide. It operates through three segments: Digital Media, Digital Experience, and Publishing and Advertising. The Digital Media segment offers products, services, and solutions that enable individuals, teams, and enterprises to create, publish, and promote content; and Document Cloud, a unified cloud-based document services platform.

Shares of ADBE stock traded up $5.99 during trading hours on Thursday, reaching $393.88. The company’s stock had a trading volume of 1,483,398 shares, compared to its average volume of 3,189,100. The firm’s 50 day simple moving average is $435.13 and its 200-day simple moving average is $478.38. The company has a market capitalization of $171.50 billion, a price-to-earnings ratio of 31.69, a PEG ratio of 2.15 and a beta of 1.37. Adobe has a fifty-two week low of $374.50 and a fifty-two week high of $587.75. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.29.

Digital Realty Trust (DLR)

Digital Realty Trust, Inc. operates as a real estate investment trust, which engages in the provision of data center, colocation and interconnection solutions. It serves the following industries: artificial intelligence (AI), networks, cloud, digital media, mobile, financial services, healthcare, and gaming.

Shares of DLR stock traded up $0.76 during trading hours on Thursday, reaching $151.85. The company’s stock had a trading volume of 281,530 shares, compared to its average volume of 1,856,104. Digital Realty Trust has a fifty-two week low of $135.54 and a fifty-two week high of $198.00. The company has a market capitalization of $51.12 billion, a price-to-earnings ratio of 93.55, a PEG ratio of 4.38 and a beta of 0.65. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80. The firm’s 50 day simple moving average is $163.85 and its 200-day simple moving average is $169.91.

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company’s solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

Shares of RKT traded up $0.66 during trading hours on Thursday, reaching $14.76. The stock had a trading volume of 2,754,827 shares, compared to its average volume of 3,381,796. Rocket Companies has a 12 month low of $10.06 and a 12 month high of $21.38. The stock has a market capitalization of $29.45 billion, a PE ratio of -92.28 and a beta of 2.39. The company has a debt-to-equity ratio of 1.51, a quick ratio of 15.47 and a current ratio of 15.47. The company’s 50-day moving average is $12.98 and its two-hundred day moving average is $14.68.

Sunrun (RUN)

Sunrun Inc. designs, develops, installs, sells, owns, and maintains residential solar energy systems in the United States. It also sells solar energy systems and products, such as panels and racking; and solar leads generated to customers. In addition, the company offers battery storage along with solar energy systems; and sells services to commercial developers through multi-family and new homes.

Shares of RUN traded up $0.40 during trading hours on Thursday, reaching $7.06. The stock had a trading volume of 2,810,309 shares, compared to its average volume of 10,667,231. Sunrun has a 12 month low of $5.93 and a 12 month high of $22.26. The stock has a market capitalization of $1.60 billion, a PE ratio of -3.87 and a beta of 2.84. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.15 and a current ratio of 1.47. The company’s 50-day moving average is $8.38 and its two-hundred day moving average is $11.86.

BCE (BCE)

BCE Inc., a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.

Shares of BCE traded down $0.30 during trading hours on Thursday, reaching $23.08. The stock had a trading volume of 723,571 shares, compared to its average volume of 2,702,388. The stock has a market capitalization of $21.27 billion, a PE ratio of 192.13, a PEG ratio of 4.13 and a beta of 0.57. BCE has a 12 month low of $21.87 and a 12 month high of $36.17. The company’s 50-day moving average is $23.62 and its two-hundred day moving average is $27.64. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.60 and a current ratio of 0.62.

Nexstar Media Group (NXST)

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.

NASDAQ NXST traded down $0.27 on Thursday, reaching $179.01. The company had a trading volume of 86,364 shares, compared to its average volume of 330,565. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of 10.32, a P/E/G ratio of 0.45 and a beta of 1.47. Nexstar Media Group has a fifty-two week low of $146.04 and a fifty-two week high of $191.86. The business has a 50 day moving average of $158.73 and a two-hundred day moving average of $163.92. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.68 and a quick ratio of 1.68.