Top Digital Media Stocks To Follow Today – February 16th

Alibaba Group, Adobe, Digital Realty Trust, Sunrun, BCE, Nexstar Media Group, and Magnite are the seven Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks refer to investments in companies that operate within the digital media industry. These stocks can include companies involved in internet streaming services, social media platforms, online advertising, and other digital content creation and distribution businesses. Investors may seek to profit from the growth and innovation within the digital media sector by buying and trading these stocks. 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.

NYSE BABA traded up $5.19 during trading on Friday, reaching $124.73. 52,592,862 shares of the company’s stock traded hands, compared to its average volume of 21,722,708. 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 firm has a market cap of $296.71 billion, a price-to-earnings ratio of 25.30, a price-to-earnings-growth ratio of 0.42 and a beta of 0.31. The company’s 50 day simple moving average is $91.25 and its two-hundred day simple moving average is $91.11. Alibaba Group has a 12-month low of $68.36 and a 12-month high of $126.80.

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 $0.94 during trading on Friday, reaching $460.16. 2,621,864 shares of the company’s stock traded hands, compared to its average volume of 3,588,013. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $200.31 billion, a price-to-earnings ratio of 37.11, a price-to-earnings-growth ratio of 2.11 and a beta of 1.31. The company’s 50 day simple moving average is $446.56 and its two-hundred day simple moving average is $496.59. Adobe has a 12-month low of $403.75 and a 12-month high of $607.32.

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 Digital Realty Trust stock traded down $0.75 on Friday, reaching $164.06. The stock had a trading volume of 4,795,069 shares, compared to its average volume of 2,331,411. The company has a 50 day moving average price of $175.45 and a 200 day moving average price of $168.94. The company has a quick ratio of 1.61, a current ratio of 1.61 and a debt-to-equity ratio of 0.81. Digital Realty Trust has a 1 year low of $131.42 and a 1 year high of $198.00. The stock has a market capitalization of $54.42 billion, a P/E ratio of 137.86, a P/E/G ratio of 4.27 and a beta of 0.63.

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 Sunrun stock traded up $0.24 on Friday, reaching $8.82. The stock had a trading volume of 7,499,245 shares, compared to its average volume of 10,613,304. The company has a 50 day moving average price of $9.62 and a 200 day moving average price of $13.72. 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 1 year low of $7.87 and a 1 year high of $22.26.

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 $0.23 during trading hours on Friday, hitting $23.86. 2,282,436 shares of the company were exchanged, compared to its average volume of 3,432,294. The stock has a market capitalization of $21.76 billion, a price-to-earnings ratio of 198.79, a PEG ratio of 3.91 and a beta of 0.57. BCE has a 52-week low of $21.87 and a 52-week high of $38.14. 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 company’s 50 day moving average price is $23.63 and its 200-day moving average price is $29.36.

Nexstar Media Group (NXST)

Nexstar Media Group, Inc. operates as a diversified media company that produces and distributes engaging local and national news, sports and entertainment content across the television and digital platforms in the United States. It owns, operates, programs, or provides sales and other services to various markets; and offers television programming services.

NASDAQ NXST traded up $2.58 on Friday, hitting $153.34. 278,985 shares of the company’s stock traded hands, compared to its average volume of 259,050. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 2.98. Nexstar Media Group has a 1-year low of $147.25 and a 1-year high of $191.86. The firm’s 50-day moving average price is $156.99 and its two-hundred day moving average price is $164.44. The firm has a market capitalization of $4.76 billion, a PE ratio of 8.87, a P/E/G ratio of 0.44 and a beta of 1.45.

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.

NASDAQ MGNI traded up $0.51 on Friday, hitting $20.00. 2,102,770 shares of the company’s stock traded hands, compared to its average volume of 1,713,613. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.76. Magnite has a 1-year low of $8.38 and a 1-year high of $21.29. The firm’s 50-day moving average price is $17.01 and its two-hundred day moving average price is $14.89. The firm has a market capitalization of $2.81 billion, a PE ratio of 333.33, a P/E/G ratio of 1.05 and a beta of 2.52.