NetApp, Commvault Systems, Alarm.com, Tuya, GoPro, Backblaze, and Shengfeng Development are the seven Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks refer to the publicly traded equities of companies that provide digital data storage services over the internet. These companies operate data centers and offer scalable storage solutions, data management, and backup services to both individuals and businesses, benefiting from growing digitalization and increased demand for remote data access. These companies had the highest dollar trading volume of any Cloud Storage stocks within the last several days.
NetApp (NTAP)
NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID.
Shares of NTAP stock traded up $0.36 during trading hours on Friday, hitting $82.64. 2,738,498 shares of the company's stock were exchanged, compared to its average volume of 1,914,734. The company has a market capitalization of $16.81 billion, a PE ratio of 15.19, a PEG ratio of 2.45 and a beta of 1.31. The business's 50 day simple moving average is $100.27 and its 200-day simple moving average is $114.19. NetApp has a 12-month low of $71.84 and a 12-month high of $135.45. The company has a current ratio of 0.91, a quick ratio of 0.84 and a debt-to-equity ratio of 1.39.
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Commvault Systems (CVLT)
Commvault Systems, Inc. provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.
NASDAQ CVLT traded up $1.10 during trading on Friday, hitting $152.49. 287,098 shares of the company's stock traded hands, compared to its average volume of 403,429. The stock has a fifty day moving average of $164.54 and a two-hundred day moving average of $161.65. Commvault Systems has a 12-month low of $93.48 and a 12-month high of $190.11. The firm has a market cap of $6.71 billion, a P/E ratio of 40.02 and a beta of 0.68.
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Alarm.com (ALRM)
Alarm.com Holdings, Inc. provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.
Shares of NASDAQ ALRM traded up $0.24 during midday trading on Friday, reaching $51.37. The company had a trading volume of 388,357 shares, compared to its average volume of 413,197. The firm's fifty day moving average price is $57.87 and its 200-day moving average price is $59.19. The company has a quick ratio of 7.38, a current ratio of 7.85 and a debt-to-equity ratio of 1.35. Alarm.com has a one year low of $48.23 and a one year high of $71.98. The stock has a market cap of $2.55 billion, a PE ratio of 22.43, a price-to-earnings-growth ratio of 3.59 and a beta of 1.03.
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Tuya (TUYA)
Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.
TUYA stock traded down $0.01 during midday trading on Friday, hitting $2.02. The company had a trading volume of 3,296,068 shares, compared to its average volume of 1,590,506. Tuya has a 52 week low of $1.28 and a 52 week high of $4.63. The stock has a market cap of $1.09 billion, a price-to-earnings ratio of -67.17 and a beta of 0.43. The stock's 50 day moving average price is $3.23 and its 200 day moving average price is $2.28.
Read Our Latest Research Report on TUYA
GoPro (GPRO)
GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.
NASDAQ:GPRO traded up $0.01 during midday trading on Friday, reaching $0.50. 4,362,465 shares of the stock traded hands, compared to its average volume of 2,349,260. The stock has a market capitalization of $78.02 million, a P/E ratio of -0.17 and a beta of 1.54. GoPro has a 12 month low of $0.40 and a 12 month high of $1.98. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.87 and a current ratio of 1.32. The company has a fifty day moving average of $0.73 and a 200 day moving average of $1.04.
Read Our Latest Research Report on GPRO
Backblaze (BLZE)
Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases.
Shares of NASDAQ:BLZE traded up $0.05 during midday trading on Friday, hitting $4.56. 326,823 shares of the stock traded hands, compared to its average volume of 375,717. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.39. The stock has a market capitalization of $247.61 million, a PE ratio of -4.11 and a beta of 1.02. Backblaze has a one year low of $4.07 and a one year high of $10.00. The business's 50 day moving average is $5.81 and its two-hundred day moving average is $6.34.
Read Our Latest Research Report on BLZE
Shengfeng Development (SFWL)
Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services.
SFWL traded down $0.04 during midday trading on Friday, reaching $0.88. 5,014 shares of the company's stock traded hands, compared to its average volume of 146,290. Shengfeng Development has a 52 week low of $0.81 and a 52 week high of $2.18. The firm has a fifty day moving average of $0.99 and a two-hundred day moving average of $1.11.
Read Our Latest Research Report on SFWL
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