Digital Media Stocks To Watch Now – March 19th

Alibaba Group, Adobe, Digital Realty Trust, Sunrun, and Rocket Companies are the five Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are shares of companies that primarily operate through digital platforms to create, distribute, or monetize content such as streaming media, social networking, and online advertising. These stocks represent corporations that leverage modern technologies and internet connectivity to reach and engage consumers, often reflecting rapid innovation and changes in digital consumption trends. 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 NYSE:BABA traded up $0.73 on Wednesday, reaching $143.47. 8,017,950 shares of the company traded hands, compared to its average volume of 18,905,572. The company’s 50 day moving average is $113.14 and its 200-day moving average is $99.73. The stock has a market capitalization of $340.87 billion, a PE ratio of 20.75, a P/E/G ratio of 0.61 and a beta of 0.27. Alibaba Group has a fifty-two week low of $68.36 and a fifty-two week high of $148.43. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48.

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.

Shares of Adobe stock traded down $0.43 during midday trading on Wednesday, hitting $390.94. The company’s stock had a trading volume of 1,295,773 shares, compared to its average volume of 3,694,753. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.29. Adobe has a 1-year low of $374.50 and a 1-year high of $587.75. The stock has a 50-day simple moving average of $435.77 and a 200-day simple moving average of $479.02. The firm has a market capitalization of $170.22 billion, a P/E ratio of 31.53, a PEG ratio of 2.15 and a beta of 1.37.

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.

NYSE DLR traded up $1.68 during trading on Wednesday, hitting $150.34. 307,331 shares of the company traded hands, compared to its average volume of 1,857,047. Digital Realty Trust has a 12 month low of $135.54 and a 12 month high of $198.00. The business has a fifty day simple moving average of $164.45 and a 200 day simple moving average of $170.04. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The company has a market capitalization of $50.61 billion, a P/E ratio of 92.75, a PEG ratio of 4.38 and a beta of 0.65.

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.

NASDAQ RUN traded up $0.08 during trading on Wednesday, hitting $6.59. 2,829,924 shares of the company traded hands, compared to its average volume of 10,921,535. Sunrun has a 12 month low of $5.93 and a 12 month high of $22.26. The business has a fifty day simple moving average of $8.46 and a 200 day simple moving average of $11.90. The company has a current ratio of 1.47, a quick ratio of 1.15 and a debt-to-equity ratio of 1.92. The company has a market capitalization of $1.49 billion, a P/E ratio of -3.62 and a beta of 2.84.

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 $0.07 during trading on Wednesday, hitting $15.34. 1,163,631 shares of the company traded hands, compared to its average volume of 3,358,911. Rocket Companies has a 12 month low of $10.06 and a 12 month high of $21.38. The business has a fifty day simple moving average of $12.89 and a 200 day simple moving average of $14.68. The company has a current ratio of 15.47, a quick ratio of 15.47 and a debt-to-equity ratio of 1.51. The company has a market capitalization of $30.61 billion, a P/E ratio of -96.09 and a beta of 2.39.