Best Entertainment Stocks Worth Watching – May 2nd

Alibaba Group, Take-Two Interactive Software, and Roblox are the three Entertainment stocks to watch today, according to MarketBeat’s stock screener tool. Entertainment stocks are shares of companies whose primary business is creating, producing, distributing or exhibiting entertainment content and experiences—ranging from film and television studios and music labels to streaming platforms, video game publishers and theme parks. These stocks give investors exposure to consumer spending on leisure and cultural activities and tend to be influenced by trends in content consumption, technological innovation and box-office or ratings performance. These companies had the highest dollar trading volume of any Entertainment 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 up $5.34 during midday trading on Friday, reaching $125.87. 11,622,786 shares of the company’s stock were exchanged, compared to its average volume of 20,633,244. The company’s 50 day simple moving average is $125.33 and its two-hundred day simple moving average is $105.14. 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 firm has a market capitalization of $300.78 billion, a PE ratio of 18.17, a price-to-earnings-growth ratio of 0.61 and a beta of 0.24. Alibaba Group has a 12 month low of $71.80 and a 12 month high of $148.43.

Take-Two Interactive Software (TTWO)

Take-Two Interactive Software, Inc. develops, publishes, and markets interactive entertainment solutions for consumers worldwide. It develops and publishes action/adventure products under the Grand Theft Auto, LA Noire, Max Payne, Midnight Club, and Red Dead Redemption names, as well as other franchises.

TTWO stock traded down $12.97 during trading on Friday, hitting $222.20. 5,811,163 shares of the stock traded hands, compared to its average volume of 1,887,428. The stock has a market cap of $39.22 billion, a price-to-earnings ratio of -10.42, a P/E/G ratio of 6.83 and a beta of 1.01. Take-Two Interactive Software has a one year low of $135.24 and a one year high of $238.00. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.54. The company has a 50 day simple moving average of $210.71 and a 200 day simple moving average of $193.18.

Roblox (RBLX)

Roblox Corporation develops and operates an online entertainment platform in the United States and internationally. It offers Roblox Studio, a free toolset that allows developers and creators to build, publish, and operate 3D experiences, and other content; Roblox Client, an application that allows users to explore 3D experience; and Roblox Cloud, which provides services and infrastructure that power the platform.

Shares of RBLX stock traded up $3.95 during trading hours on Friday, hitting $72.95. 7,868,148 shares of the company’s stock were exchanged, compared to its average volume of 7,966,255. The stock’s 50-day moving average is $59.43 and its 200-day moving average is $58.14. The stock has a market cap of $45.85 billion, a price-to-earnings ratio of -50.30 and a beta of 1.49. The company has a debt-to-equity ratio of 4.82, a current ratio of 1.02 and a quick ratio of 0.98. Roblox has a 52 week low of $29.55 and a 52 week high of $75.74.