Social Media Stocks To Follow Today – July 17th

Shopify, Vertiv, and Mondelez International are the three Social Media stocks to watch today, according to MarketBeat’s stock screener tool. Social media stocks are shares of publicly traded companies whose primary business is operating social networking platforms and related services. Their market value is largely driven by user growth, engagement metrics, advertising revenues and data-driven offerings. Investors in these stocks often watch regulatory developments, platform innovations and shifts in consumer behavior to gauge future profitability. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Shares of SHOP traded up $5.52 during mid-day trading on Thursday, reaching $125.52. The company had a trading volume of 8,010,134 shares, compared to its average volume of 9,275,256. The stock has a market capitalization of $162.85 billion, a P/E ratio of 81.06, a PEG ratio of 4.82 and a beta of 2.61. The stock has a 50 day moving average of $109.16 and a two-hundred day moving average of $105.11. Shopify has a 52-week low of $48.56 and a 52-week high of $129.38.

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

VRT stock traded up $5.98 during midday trading on Thursday, hitting $131.38. 5,820,659 shares of the company’s stock were exchanged, compared to its average volume of 8,597,024. Vertiv has a 1-year low of $53.60 and a 1-year high of $155.84. The business has a 50-day simple moving average of $114.73 and a two-hundred day simple moving average of $103.93. The stock has a market capitalization of $50.07 billion, a PE ratio of 76.36, a P/E/G ratio of 1.27 and a beta of 1.75. The company has a current ratio of 1.72, a quick ratio of 1.28 and a debt-to-equity ratio of 1.09.

Mondelez International (MDLZ)

Mondelez International, Inc., through its subsidiaries, manufactures, markets, and sells snack food and beverage products in the Latin America, North America, Asia, the Middle East, Africa, and Europe. It provides biscuits and baked snacks, including cookies, crackers, salted snacks, snack bars, and cakes and pastries; chocolates; and gums and candies, as well as various cheese and grocery, and powdered beverage products.

NASDAQ:MDLZ traded up $2.05 during midday trading on Thursday, reaching $69.52. The company had a trading volume of 4,491,753 shares, compared to its average volume of 8,057,316. The firm has a market capitalization of $90.01 billion, a price-to-earnings ratio of 25.85, a PEG ratio of 5.17 and a beta of 0.48. The company has a current ratio of 0.61, a quick ratio of 0.40 and a debt-to-equity ratio of 0.61. The stock’s fifty day simple moving average is $66.98 and its 200-day simple moving average is $64.40. Mondelez International has a 12-month low of $53.95 and a 12-month high of $76.06.