Music Stocks To Research - April 17th

Apple, Amazon.com, Alibaba Group, Walt Disney, and Spotify Technology are the five Music stocks to watch today, according to MarketBeat's stock screener tool. Music stocks are publicly traded shares of companies whose primary business activities involve music production, distribution, streaming, and licensing. These stocks give investors exposure to the music industry's growth and evolving consumer trends, including digital streaming, live performances, and emerging forms of music engagement. These companies had the highest dollar trading volume of any Music stocks within the last several days.

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

NASDAQ AAPL traded up $4.36 on Thursday, reaching $198.63. 29,766,941 shares of the stock were exchanged, compared to its average volume of 56,707,017. The company has a current ratio of 0.92, a quick ratio of 0.88 and a debt-to-equity ratio of 1.26. Apple has a one year low of $164.08 and a one year high of $260.10. The firm has a market capitalization of $2.98 trillion, a PE ratio of 31.43, a PEG ratio of 2.44 and a beta of 1.26. The company's 50-day simple moving average is $220.98 and its two-hundred day simple moving average is $230.53.

Read Our Latest Research Report on AAPL

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

Shares of AMZN traded down $0.70 during trading hours on Thursday, reaching $173.63. 27,987,755 shares of the stock traded hands, compared to its average volume of 41,637,398. Amazon.com has a 52-week low of $151.61 and a 52-week high of $242.52. The company has a current ratio of 1.06, a quick ratio of 0.87 and a debt-to-equity ratio of 0.18. The company has a market cap of $1.84 trillion, a P/E ratio of 31.40, a price-to-earnings-growth ratio of 1.50 and a beta of 1.39. The company's 50-day moving average price is $200.86 and its two-hundred day moving average price is $208.06.

Read Our Latest Research Report on AMZN

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 up $2.66 during mid-day trading on Thursday, reaching $109.41. The company's stock had a trading volume of 12,083,699 shares, compared to its average volume of 20,555,216. The stock has a fifty day moving average of $127.19 and a two-hundred day moving average of $104.75. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48. Alibaba Group has a 52 week low of $68.36 and a 52 week high of $148.43. The firm has a market capitalization of $259.87 billion, a PE ratio of 15.80, a P/E/G ratio of 0.61 and a beta of 0.24.

Read Our Latest Research Report on BABA

Walt Disney (DIS)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

Shares of Walt Disney stock traded up $2.94 on Thursday, hitting $85.71. 8,094,528 shares of the company traded hands, compared to its average volume of 9,988,565. Walt Disney has a 52 week low of $80.10 and a 52 week high of $118.63. The business has a 50-day simple moving average of $100.21 and a 200 day simple moving average of $104.52. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.62 and a current ratio of 0.68. The stock has a market capitalization of $154.94 billion, a P/E ratio of 27.90, a price-to-earnings-growth ratio of 1.80 and a beta of 1.44.

Read Our Latest Research Report on DIS

Spotify Technology (SPOT)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

NYSE SPOT traded up $12.09 on Thursday, reaching $575.16. The company had a trading volume of 722,584 shares, compared to its average volume of 2,178,404. The stock has a market capitalization of $117.74 billion, a PE ratio of 96.68 and a beta of 1.75. Spotify Technology has a 12 month low of $267.76 and a 12 month high of $652.63. The firm's 50 day moving average price is $577.96 and its 200 day moving average price is $496.06.

Read Our Latest Research Report on SPOT