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Best Cloud Storage Stocks To Consider - March 18th

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NetApp, Commvault Systems, Tuya, Alarm.com, and GoPro are the five Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks refer to shares of companies that provide online storage solutions and related data management services to businesses and individuals. These companies enable users to store, access, and manage data remotely over the internet, often as part of broader cloud computing services, and are seen as a growing sector within the technology market. 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 NASDAQ NTAP traded down $0.04 during mid-day trading on Tuesday, reaching $93.24. 587,518 shares of the company were exchanged, compared to its average volume of 1,717,508. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 1.39. NetApp has a twelve month low of $89.88 and a twelve month high of $135.45. The company's 50-day simple moving average is $114.43 and its 200-day simple moving average is $118.83. The stock has a market capitalization of $18.97 billion, a P/E ratio of 17.09, a P/E/G ratio of 2.45 and a beta of 1.24.

Read Our Latest Research Report on NTAP

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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.

CVLT traded down $0.74 on Tuesday, reaching $159.82. The stock had a trading volume of 65,718 shares, compared to its average volume of 369,435. The firm has a 50-day moving average of $165.22 and a 200-day moving average of $160.60. Commvault Systems has a fifty-two week low of $93.48 and a fifty-two week high of $190.11. The company has a market capitalization of $7.03 billion, a price-to-earnings ratio of 41.95 and a beta of 0.62.

Read Our Latest Research Report on CVLT

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.

Shares of TUYA stock traded down $0.14 on Tuesday, hitting $3.82. The company had a trading volume of 2,062,324 shares, compared to its average volume of 1,385,793. The stock's 50-day moving average is $2.89 and its two-hundred day moving average is $2.07. Tuya has a twelve month low of $1.28 and a twelve month high of $4.63. The firm has a market cap of $2.06 billion, a P/E ratio of -125.50 and a beta of 0.39.

Read Our Latest Research Report on TUYA

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 down $0.20 during mid-day trading on Tuesday, hitting $58.16. The company had a trading volume of 60,821 shares, compared to its average volume of 380,129. The company has a market capitalization of $2.89 billion, a PE ratio of 25.40, a price-to-earnings-growth ratio of 3.59 and a beta of 1.10. Alarm.com has a one year low of $51.87 and a one year high of $74.97. The firm has a fifty day moving average price of $60.63 and a 200 day moving average price of $59.41. The company has a debt-to-equity ratio of 1.35, a current ratio of 7.85 and a quick ratio of 7.38.

Read Our Latest Research Report on ALRM

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.

GoPro stock traded down $0.00 during trading on Tuesday, hitting $0.75. 3,102,415 shares of the company were exchanged, compared to its average volume of 2,015,704. GoPro has a 52 week low of $0.64 and a 52 week high of $2.40. The business's 50 day moving average is $0.90 and its 200 day moving average is $1.14. The company has a market capitalization of $115.76 million, a P/E ratio of -0.26 and a beta of 1.62. The company has a current ratio of 1.32, a quick ratio of 0.87 and a debt-to-equity ratio of 0.51.

Read Our Latest Research Report on GPRO

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