Promising Ecommerce Stocks To Keep An Eye On – July 16th

Walmart, W.W. Grainger, and Colgate-Palmolive are the three Ecommerce stocks to watch today, according to MarketBeat’s stock screener tool. Ecommerce stocks are shares of publicly traded companies whose primary business involves selling goods or services online through digital marketplaces and proprietary websites. Investors buy these stocks to gain exposure to the growth of internet-based retail, which is driven by consumer preferences for convenience, digital payment solutions, and efficient logistics. These companies had the highest dollar trading volume of any Ecommerce stocks within the last several days.

Walmart (WMT)

Walmart Inc. engages in the operation of retail, wholesale, other units, and eCommerce worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club. It operates supercenters, supermarkets, hypermarkets, warehouse clubs, cash and carry stores, and discount stores under Walmart and Walmart Neighborhood Market brands; membership-only warehouse clubs; ecommerce websites, such as walmart.com.mx, walmart.ca, flipkart.com, PhonePe and other sites; and mobile commerce applications.

Walmart stock traded down $0.43 during trading hours on Wednesday, hitting $94.96. The stock had a trading volume of 6,492,371 shares, compared to its average volume of 18,074,469. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.78 and a quick ratio of 0.22. The stock has a market capitalization of $757.79 billion, a price-to-earnings ratio of 40.59, a PEG ratio of 4.61 and a beta of 0.68. Walmart has a 1-year low of $66.67 and a 1-year high of $105.30. The stock’s fifty day moving average is $96.97 and its two-hundred day moving average is $94.55.

W.W. Grainger (GWW)

W.W. Grainger, Inc., together with its subsidiaries, distributes maintenance, repair, and operating products and services primarily in North America, Japan, the United Kingdom, and internationally. The company operates through two segments, High-Touch Solutions N.A. and Endless Assortment. The company provides safety, security, material handling and storage equipment, pumps and plumbing equipment, cleaning and maintenance, and metalworking and hand tools.

Shares of GWW traded down $4.28 during trading hours on Wednesday, reaching $1,035.10. 295,032 shares of the company traded hands, compared to its average volume of 251,173. The company has a quick ratio of 1.60, a current ratio of 2.74 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $49.73 billion, a PE ratio of 26.59, a price-to-earnings-growth ratio of 2.77 and a beta of 1.18. W.W. Grainger has a fifty-two week low of $893.99 and a fifty-two week high of $1,227.66. The stock has a fifty day simple moving average of $1,061.86 and a 200 day simple moving average of $1,036.99.

Colgate-Palmolive (CL)

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products in the United States and internationally. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The Oral, Personal and Home Care segment offers toothpaste, toothbrushes, mouthwash, bar and liquid hand soaps, shower gels, shampoos, conditioners, deodorants and antiperspirants, skin health products, dishwashing detergents, fabric conditioners, household cleaners, and other related items.

NYSE CL traded down $0.43 during trading hours on Wednesday, hitting $87.72. 1,998,423 shares of the company’s stock were exchanged, compared to its average volume of 5,296,532. The business’s 50 day moving average is $90.53 and its 200-day moving average is $90.46. Colgate-Palmolive has a 12-month low of $85.32 and a 12-month high of $109.30. The firm has a market capitalization of $71.09 billion, a P/E ratio of 24.79, a price-to-earnings-growth ratio of 4.70 and a beta of 0.37. The company has a debt-to-equity ratio of 8.96, a quick ratio of 0.54 and a current ratio of 0.85.