Best Digital Media Stocks To Keep An Eye On - January 30th

Alibaba Group, Adobe, Digital Realty Trust, Sunrun, BCE, Rocket Companies, and Magnite are the seven Digital Media stocks to watch today, according to MarketBeat's stock screener tool. Digital media stocks refer to publicly traded companies that operate within the digital media industry. These companies create, distribute, or monetize digital content such as streaming services, social media platforms, online advertising, or digital publishing. Investors may purchase shares of these companies on stock exchanges in the hopes of benefiting from the growth and profitability of the digital media sector. 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 Alibaba Group stock traded up $4.56 on Thursday, hitting $101.28. The company had a trading volume of 19,679,487 shares, compared to its average volume of 17,804,162. The business has a 50-day simple moving average of $85.93 and a 200-day simple moving average of $88.52. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.37 and a quick ratio of 1.37. The company has a market cap of $241.22 billion, a PE ratio of 20.58, a PEG ratio of 0.37 and a beta of 0.30. Alibaba Group has a 52 week low of $68.36 and a 52 week high of $117.82.

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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 stock traded up $5.72 during trading hours on Thursday, hitting $447.40. 952,013 shares of the stock traded hands, compared to its average volume of 3,841,676. The stock has a 50-day simple moving average of $464.63 and a 200 day simple moving average of $505.15. The company has a market cap of $194.75 billion, a P/E ratio of 36.03, a P/E/G ratio of 2.12 and a beta of 1.31. Adobe has a one year low of $403.75 and a one year high of $638.25. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.29.

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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.

Shares of DLR traded up $1.67 during mid-day trading on Thursday, hitting $163.40. The company's stock had a trading volume of 594,813 shares, compared to its average volume of 2,363,070. The stock has a market capitalization of $54.20 billion, a price-to-earnings ratio of 137.38, a PEG ratio of 4.64 and a beta of 0.64. Digital Realty Trust has a fifty-two week low of $131.42 and a fifty-two week high of $198.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.61 and a quick ratio of 1.61. The firm has a 50-day moving average price of $182.02 and a 200 day moving average price of $167.93.

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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 NASDAQ RUN traded down $0.05 during trading on Thursday, hitting $9.34. The company had a trading volume of 2,381,005 shares, compared to its average volume of 10,681,892. Sunrun has a 52 week low of $8.22 and a 52 week high of $22.26. The company has a market cap of $2.10 billion, a P/E ratio of -5.15 and a beta of 2.58. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.15 and a current ratio of 1.47. The business's 50-day moving average is $10.20 and its 200 day moving average is $14.42.

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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.

BCE traded up $0.27 during trading on Thursday, reaching $23.97. The company had a trading volume of 884,079 shares, compared to its average volume of 3,217,508. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.60 and a current ratio of 0.62. BCE has a 12-month low of $21.87 and a 12-month high of $40.99. The company has a market cap of $21.86 billion, a price-to-earnings ratio of 342.36, a PEG ratio of 3.83 and a beta of 0.56. The firm's 50-day simple moving average is $24.44 and its 200 day simple moving average is $30.17.

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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.

NYSE RKT traded up $0.41 on Thursday, hitting $12.81. 815,518 shares of the stock were exchanged, compared to its average volume of 3,122,190. The company has a market capitalization of $25.54 billion, a price-to-earnings ratio of -80.06 and a beta of 2.42. Rocket Companies has a 52-week low of $10.06 and a 52-week high of $21.38. The company has a debt-to-equity ratio of 1.51, a current ratio of 15.47 and a quick ratio of 15.47. The company's 50-day moving average price is $12.19 and its two-hundred day moving average price is $15.65.

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Magnite (MGNI)

Magnite, Inc., together with its subsidiaries, operates an independent omni-channel sell-side advertising platform in the United States and internationally. The company's platform offers applications and services for sellers of digital advertising inventory or publishers that own and operate CTV channels, applications, websites, and other digital media properties to manage and monetize their inventory; and applications and services for buyers, including advertisers, agencies, agency trading desks, and demand side platforms to buy digital advertising inventory, as well as an independent marketplace that connects buyers and sellers.

Shares of NASDAQ:MGNI traded down $0.06 during trading on Thursday, reaching $17.50. The stock had a trading volume of 485,662 shares, compared to its average volume of 1,659,679. Magnite has a 52 week low of $8.38 and a 52 week high of $18.38. The firm has a market capitalization of $2.46 billion, a price-to-earnings ratio of 292.33, a P/E/G ratio of 0.84 and a beta of 2.51. The stock has a fifty day simple moving average of $16.52 and a two-hundred day simple moving average of $14.53. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 0.76.

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