Digital Media Stocks To Watch Today – July 17th

Alibaba Group, Adobe, Rocket Companies, Digital Realty Trust, GameSquare, Sunrun, and BCE are the seven Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are publicly traded equities of companies that create, distribute or monetize digital content—ranging from streaming video and music services to social networks, online gaming platforms and digital advertising networks. Investors in these stocks seek exposure to growth driven by shifting consumer habits toward online entertainment, mobile engagement and data-driven advertising. 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 BABA traded up $1.98 during mid-day trading on Thursday, hitting $117.71. The stock had a trading volume of 8,109,215 shares, compared to its average volume of 22,704,010. The company has a market cap of $280.87 billion, a PE ratio of 15.80, a PEG ratio of 1.72 and a beta of 0.21. The company’s fifty day simple moving average is $117.03 and its two-hundred day simple moving average is $114.96. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.19. Alibaba Group has a fifty-two week low of $73.87 and a fifty-two week high of $148.43.

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.

NASDAQ:ADBE traded up $3.56 during midday trading on Thursday, reaching $365.33. 1,454,940 shares of the company traded hands, compared to its average volume of 3,461,089. Adobe has a twelve month low of $332.01 and a twelve month high of $587.75. The firm has a market capitalization of $154.97 billion, a price-to-earnings ratio of 23.38, a price-to-earnings-growth ratio of 1.73 and a beta of 1.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.99 and a quick ratio of 0.99. The company has a fifty day moving average price of $394.90 and a 200 day moving average price of $404.10.

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.

RKT stock traded up $0.10 during trading on Thursday, reaching $13.70. 7,835,385 shares of the company’s stock were exchanged, compared to its average volume of 10,369,326. The company has a quick ratio of 12.62, a current ratio of 12.62 and a debt-to-equity ratio of 1.37. Rocket Companies has a 1-year low of $10.06 and a 1-year high of $21.38. The company’s fifty day moving average price is $13.34 and its 200-day moving average price is $12.96. The firm has a market cap of $27.41 billion, a PE ratio of -456.83 and a beta of 2.28.

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.

DLR stock traded up $2.02 during trading on Thursday, reaching $175.00. 572,698 shares of the company’s stock were exchanged, compared to its average volume of 2,189,249. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.81. Digital Realty Trust has a 1-year low of $129.95 and a 1-year high of $198.00. The company’s fifty day moving average price is $172.01 and its 200-day moving average price is $164.02. The firm has a market cap of $58.94 billion, a PE ratio of 163.59, a P/E/G ratio of 2.60 and a beta of 0.95.

GameSquare (GAME)

GameSquare Holdings, Inc. operates as a vertically integrated digital media, entertainment, and technology company. Its platform to connect with gaming and youth culture audiences. The company’s end-to-end platform includes Code Red Esports Ltd., an esports talent agency; GCN, a digital media company focusing on the gaming and esports audience; Zoned, a gaming and lifestyle marketing agency; Complexity Gaming, a esports organization operating; Fourth Frame Studios, a creative production studio; and Mission Supply, a merchandise and consumer products business; Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.

Shares of GameSquare stock traded down $0.70 during trading on Thursday, hitting $1.62. The stock had a trading volume of 58,308,313 shares, compared to its average volume of 1,626,324. The company has a debt-to-equity ratio of 0.97, a current ratio of 0.57 and a quick ratio of 0.57. The firm has a market cap of $62.85 million, a P/E ratio of -1.07 and a beta of 0.76. The business has a fifty day moving average of $0.94 and a two-hundred day moving average of $0.83. GameSquare has a fifty-two week low of $0.50 and a fifty-two week high of $2.87.

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 Sunrun stock traded down $0.01 during trading on Thursday, hitting $10.33. The stock had a trading volume of 4,022,458 shares, compared to its average volume of 13,462,534. The company has a debt-to-equity ratio of 3.89, a current ratio of 1.32 and a quick ratio of 0.99. The firm has a market cap of $2.36 billion, a P/E ratio of -0.85 and a beta of 2.60. The business has a fifty day moving average of $8.92 and a two-hundred day moving average of $8.23. Sunrun has a fifty-two week low of $5.38 and a fifty-two week high of $22.26.

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 stock traded down $0.37 on Thursday, reaching $24.06. 734,129 shares of the company were exchanged, compared to its average volume of 3,332,324. The stock has a fifty day moving average price of $22.31 and a 200-day moving average price of $22.73. The firm has a market capitalization of $22.44 billion, a price-to-earnings ratio of 92.60, a price-to-earnings-growth ratio of 3.97 and a beta of 0.61. The company has a current ratio of 0.64, a quick ratio of 0.61 and a debt-to-equity ratio of 2.40. BCE has a fifty-two week low of $20.28 and a fifty-two week high of $36.17.