Digital Media Stocks Worth Watching – January 20th

Alibaba Group, Adobe, Sunrun, BCE, and Rocket Companies are the five Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks refer to the publicly-traded companies that are involved in creating, distributing, or selling digital content such as videos, music, games, or other online services. These stocks can be impacted by factors such as technological advancements, changes in consumer behavior, and industry competition. Investors may be interested in digital media stocks for their potential growth opportunities in the ever-evolving digital landscape. 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 $2.73 during midday trading on Monday, hitting $85.16. 21,072,995 shares of the stock were exchanged, compared to its average volume of 10,289,486. Alibaba Group has a twelve month low of $66.63 and a twelve month high of $117.82. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.16. The company has a 50 day moving average price of $86.06 and a 200-day moving average price of $87.86. The stock has a market cap of $202.93 billion, a P/E ratio of 17.27, a PEG ratio of 0.40 and a beta of 0.30.

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.

NASDAQ:ADBE traded up $3.06 during mid-day trading on Monday, hitting $429.99. 3,976,733 shares of the company’s stock traded hands, compared to its average volume of 4,102,276. Adobe has a 1 year low of $403.75 and a 1 year high of $638.25. The company has a market cap of $189.28 billion, a PE ratio of 34.68, a price-to-earnings-growth ratio of 1.97 and a beta of 1.31. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.11 and a current ratio of 1.07. The firm’s 50 day simple moving average is $476.55 and its 200 day simple moving average is $512.03.

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 RUN traded down $0.11 during mid-day trading on Monday, reaching $9.44. 9,251,623 shares of the company’s stock were exchanged, compared to its average volume of 6,805,299. The company has a quick ratio of 1.15, a current ratio of 1.47 and a debt-to-equity ratio of 1.92. Sunrun has a 52-week low of $9.01 and a 52-week high of $22.26. The company has a market cap of $2.12 billion, a price-to-earnings ratio of -5.19 and a beta of 2.58. The company has a 50-day simple moving average of $10.31 and a two-hundred day simple moving average of $14.68.

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.

NYSE:BCE traded up $0.34 during trading hours on Monday, reaching $23.16. 2,840,402 shares of the company traded hands, compared to its average volume of 3,751,226. The company has a debt-to-equity ratio of 2.26, a current ratio of 0.62 and a quick ratio of 0.60. The firm’s 50-day moving average is $25.03 and its 200-day moving average is $30.63. The stock has a market cap of $21.12 billion, a P/E ratio of 330.79, a P/E/G ratio of 3.76 and a beta of 0.56. BCE has a 1-year low of $21.87 and a 1-year high of $41.77.

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.

Shares of NYSE:RKT traded up $0.12 on Monday, hitting $11.86. The company had a trading volume of 3,044,617 shares, compared to its average volume of 2,805,080. 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 cap of $23.66 billion, a PE ratio of -74.14 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 business has a 50 day moving average of $12.50 and a 200 day moving average of $15.75.