Digital Media Stocks To Add to Your Watchlist – August 16th

Alibaba Group, Adobe, and Sunrun are the three Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are shares of publicly traded companies that create, distribute or monetize content through digital channels—such as streaming video services, social networking platforms, podcasts and online advertising networks. By buying these equities, investors gain exposure to growth driven by user engagement, digital ad revenues and technology innovation in content delivery. Their performance often reflects shifts in consumer behavior, platform algorithms and regulatory developments. 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 NYSE BABA traded down $1.16 during trading hours on Friday, reaching $121.12. 11,116,699 shares of the stock traded hands, compared to its average volume of 12,711,124. The company has a market capitalization of $288.85 billion, a P/E ratio of 16.26, a price-to-earnings-growth ratio of 1.80 and a beta of 0.17. 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 52-week low of $79.21 and a 52-week high of $148.43. The company’s 50-day simple moving average is $116.23 and its two-hundred day simple moving average is $120.30.

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 traded up $6.27 on Friday, hitting $354.85. 3,716,829 shares of the company were exchanged, compared to its average volume of 3,584,382. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.99 and a current ratio of 0.99. Adobe has a 12 month low of $330.04 and a 12 month high of $587.75. The stock has a market capitalization of $150.53 billion, a PE ratio of 22.70, a price-to-earnings-growth ratio of 1.65 and a beta of 1.51. The firm has a fifty day simple moving average of $371.84 and a two-hundred day simple moving average of $392.84.

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.

RUN stock traded up $3.44 during midday trading on Friday, hitting $13.92. The stock had a trading volume of 76,333,032 shares, compared to its average volume of 14,380,869. The firm has a market cap of $3.21 billion, a price-to-earnings ratio of -1.20 and a beta of 2.37. The business has a 50-day moving average of $9.63 and a two-hundred day moving average of $8.36. Sunrun has a 52-week low of $5.38 and a 52-week high of $22.26. The company has a debt-to-equity ratio of 3.70, a current ratio of 1.41 and a quick ratio of 1.02.