NetApp, Commvault Systems, and Alarm.com are the three Cloud Storage stocks to watch today, according to MarketBeat's stock screener tool. Cloud storage stocks refer to shares of companies that provide data storage solutions hosted on remote servers accessed via the internet. These firms enable individuals and businesses to manage, secure, and retrieve digital information moving away from traditional on-site storage methods, often tapping into the broader trend of digital transformation and cloud computing. 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.
NASDAQ NTAP traded up $1.10 during trading hours on Tuesday, reaching $82.78. The company's stock had a trading volume of 437,762 shares, compared to its average volume of 1,921,702. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.84 and a current ratio of 0.91. The company's 50-day moving average is $95.52 and its two-hundred day moving average is $112.42. The stock has a market cap of $16.84 billion, a PE ratio of 15.22, a PEG ratio of 2.45 and a beta of 1.31. NetApp has a fifty-two week low of $71.84 and a fifty-two week high of $135.45.
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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.
Shares of CVLT traded up $6.86 on Tuesday, hitting $149.91. 118,143 shares of the stock traded hands, compared to its average volume of 405,920. Commvault Systems has a 1 year low of $94.28 and a 1 year high of $190.11. The stock's 50 day moving average is $161.46 and its two-hundred day moving average is $161.66. The firm has a market capitalization of $6.60 billion, a P/E ratio of 39.26 and a beta of 0.68.
Read Our Latest Research Report on CVLT
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.
NASDAQ:ALRM traded up $0.90 during mid-day trading on Tuesday, reaching $50.24. The company's stock had a trading volume of 85,173 shares, compared to its average volume of 413,743. The company has a debt-to-equity ratio of 1.35, a current ratio of 7.85 and a quick ratio of 7.38. The stock has a market cap of $2.49 billion, a P/E ratio of 21.93, a P/E/G ratio of 3.59 and a beta of 1.03. Alarm.com has a twelve month low of $48.23 and a twelve month high of $71.98. The company's fifty day simple moving average is $56.41 and its two-hundred day simple moving average is $59.10.
Read Our Latest Research Report on ALRM
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