Digital Media Stocks To Consider – April 16th

Alibaba Group, Adobe, Digital Realty Trust, BCE, and Rocket Companies are the five Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks represent shares of companies that specialize in creating, distributing, or monetizing content through digital platforms such as social media, streaming services, and online advertising networks. These stocks reflect the growing shift in media consumption towards digital formats, highlighting the evolution and innovation within the media landscape in the internet age. 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.

BABA traded down $3.96 on Wednesday, reaching $108.32. The stock had a trading volume of 8,536,981 shares, compared to its average volume of 20,538,662. Alibaba Group has a 12-month low of $68.36 and a 12-month high of $148.43. 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 company has a market cap of $257.29 billion, a P/E ratio of 15.65, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24. The business’s 50-day moving average price is $127.13 and its two-hundred day moving average price is $104.74.

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.

ADBE stock traded down $2.11 during mid-day trading on Wednesday, reaching $348.27. 1,225,917 shares of the company’s stock were exchanged, compared to its average volume of 3,389,332. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.07 and a quick ratio of 1.07. The company has a market cap of $148.43 billion, a price-to-earnings ratio of 28.09, a price-to-earnings-growth ratio of 2.15 and a beta of 1.49. The stock’s 50 day moving average is $409.57 and its 200 day moving average is $453.41. Adobe has a 12-month low of $332.01 and a 12-month high of $587.75.

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.

NYSE DLR traded up $2.92 on Wednesday, hitting $149.15. The company had a trading volume of 566,486 shares, compared to its average volume of 2,024,599. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.07 and a quick ratio of 1.61. The company’s fifty day moving average price is $152.30 and its 200-day moving average price is $168.07. The company has a market capitalization of $50.23 billion, a PE ratio of 92.07, a PEG ratio of 4.38 and a beta of 0.92. Digital Realty Trust has a 12-month low of $129.95 and a 12-month high of $198.00.

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 NYSE BCE traded up $0.46 during trading on Wednesday, hitting $21.70. The company had a trading volume of 873,102 shares, compared to its average volume of 2,777,957. The company has a quick ratio of 0.60, a current ratio of 0.62 and a debt-to-equity ratio of 2.26. BCE has a fifty-two week low of $20.28 and a fifty-two week high of $36.17. The firm has a market capitalization of $20.00 billion, a price-to-earnings ratio of 180.79, a price-to-earnings-growth ratio of 4.13 and a beta of 0.56. The stock has a fifty day simple moving average of $23.01 and a two-hundred day simple moving average of $25.76.

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 Rocket Companies stock traded down $0.12 during mid-day trading on Wednesday, reaching $12.39. 1,298,487 shares of the stock traded hands, compared to its average volume of 4,497,396. The company has a quick ratio of 15.47, a current ratio of 15.47 and a debt-to-equity ratio of 1.51. The business has a 50-day moving average of $13.52 and a 200 day moving average of $13.81. The stock has a market capitalization of $24.72 billion, a PE ratio of -77.41 and a beta of 2.35. Rocket Companies has a fifty-two week low of $10.06 and a fifty-two week high of $21.38.