Promising Digital Media Stocks To Watch Today – March 31st

Alibaba Group, Adobe, Rocket Companies, Digital Realty Trust, Sunrun, BCE, and Nexstar Media Group are the seven Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are shares of companies that produce, distribute, or profit from digital content and services, such as streaming platforms, social media networks, online gaming, and digital advertising. These stocks represent ownership in innovative firms driving the digital transformation of traditional media and are often characterized by rapid growth potential and volatility due to evolving technology trends and consumer behaviors. 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 down $1.16 during trading hours on Monday, reaching $131.27. The stock had a trading volume of 6,620,937 shares, compared to its average volume of 28,373,867. Alibaba Group has a 52-week low of $68.36 and a 52-week high of $148.43. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.48 and a current ratio of 1.48. The stock has a market cap of $311.91 billion, a P/E ratio of 18.97, a price-to-earnings-growth ratio of 0.61 and a beta of 0.28. The stock has a fifty day moving average of $121.60 and a 200 day moving average of $102.70.

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 ADBE stock traded down $5.06 during trading hours on Monday, hitting $380.65. The company’s stock had a trading volume of 1,340,264 shares, compared to its average volume of 3,784,827. The company has a current ratio of 1.07, a quick ratio of 1.07 and a debt-to-equity ratio of 0.29. The company has a 50 day moving average of $431.81 and a 200 day moving average of $468.92. Adobe has a 12-month low of $374.50 and a 12-month high of $587.75. The stock has a market cap of $162.23 billion, a PE ratio of 30.70, a price-to-earnings-growth ratio of 2.15 and a beta of 1.37.

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 down $1.25 during mid-day trading on Monday, hitting $11.78. The company’s stock had a trading volume of 21,557,810 shares, compared to its average volume of 5,339,913. The business’s fifty day moving average is $13.33 and its two-hundred day moving average is $14.37. The stock has a market cap of $23.52 billion, a price-to-earnings ratio of -73.63 and a beta of 2.39. The company has a debt-to-equity ratio of 1.51, a current ratio of 15.47 and a quick ratio of 15.47. Rocket Companies has a 1 year low of $10.06 and a 1 year high of $21.38.

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 DLR traded up $0.35 during mid-day trading on Monday, reaching $142.45. The company had a trading volume of 1,068,946 shares, compared to its average volume of 1,960,485. The stock has a market capitalization of $47.95 billion, a P/E ratio of 87.93, a PEG ratio of 4.38 and a beta of 0.65. Digital Realty Trust has a 52-week low of $135.54 and a 52-week high of $198.00. The stock has a 50 day moving average of $160.10 and a two-hundred day moving average of $169.92. The company has a quick ratio of 1.61, a current ratio of 2.07 and a debt-to-equity ratio of 0.80.

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.

Sunrun stock traded down $0.13 during mid-day trading on Monday, hitting $5.82. The company had a trading volume of 4,770,804 shares, compared to its average volume of 11,029,395. The company has a market capitalization of $1.32 billion, a price-to-earnings ratio of -3.20 and a beta of 2.84. Sunrun has a 12-month low of $5.55 and a 12-month high of $22.26. The company’s fifty day moving average is $7.89 and its 200-day moving average is $11.20. The company has a current ratio of 1.47, a quick ratio of 1.15 and a debt-to-equity ratio of 1.92.

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.

Shares of BCE traded up $0.08 during trading hours on Monday, hitting $23.05. The stock had a trading volume of 788,266 shares, compared to its average volume of 2,698,013. The firm has a 50-day moving average price of $23.59 and a 200 day moving average price of $26.95. BCE has a fifty-two week low of $21.87 and a fifty-two week high of $36.17. The firm has a market capitalization of $21.24 billion, a price-to-earnings ratio of 192.04, a PEG ratio of 4.13 and a beta of 0.57. The company has a debt-to-equity ratio of 2.26, a quick ratio of 0.60 and a current ratio of 0.62.

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.

Shares of Nexstar Media Group stock traded up $1.86 during trading hours on Monday, reaching $178.31. The stock had a trading volume of 90,422 shares, compared to its average volume of 350,644. Nexstar Media Group has a twelve month low of $146.04 and a twelve month high of $191.86. The company has a current ratio of 1.68, a quick ratio of 1.68 and a debt-to-equity ratio of 2.98. The firm has a market capitalization of $5.44 billion, a PE ratio of 10.30, a PEG ratio of 0.45 and a beta of 1.47. The stock’s 50 day moving average is $162.36 and its 200 day moving average is $164.63.