Digital Media Stocks To Add to Your Watchlist – May 15th

Alibaba Group, Adobe, and Sunrun are the three Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are shares of publicly traded companies that create, distribute or monetize content through online platforms—ranging from social networks and streaming video services to digital advertising and gaming. Investing in these equities offers exposure to the rapid growth of internet-based media and advertising, while entailing risks tied to shifting consumer habits, regulatory changes and technological innovation. Key players include social-media giants, streaming providers, digital publishers and ad-tech firms. 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 BABA traded down $10.23 on Thursday, hitting $123.83. 22,169,763 shares of the stock traded hands, compared to its average volume of 20,477,674. The business has a 50 day simple moving average of $123.88 and a 200 day simple moving average of $106.88. The company has a market capitalization of $295.68 billion, a PE ratio of 17.91, a P/E/G ratio of 0.61 and a beta of 0.24. Alibaba Group has a one year low of $71.80 and a one year 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.

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 up $4.29 during trading hours on Thursday, hitting $403.76. The company’s stock had a trading volume of 860,811 shares, compared to its average volume of 3,423,101. The company has a market cap of $172.08 billion, a PE ratio of 32.53, a PEG ratio of 2.15 and a beta of 1.55. Adobe has a 12-month low of $332.01 and a 12-month high of $587.75. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.07 and a current ratio of 1.07. The business has a 50 day moving average price of $376.62 and a two-hundred day moving average price of $435.30.

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 down $0.04 during trading hours on Thursday, reaching $12.66. The company’s stock had a trading volume of 6,971,195 shares, compared to its average volume of 11,051,254. The firm has a 50 day moving average price of $7.06 and a 200-day moving average price of $8.99. Sunrun has a one year low of $5.45 and a one year high of $22.26. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.47 and a quick ratio of 1.15. The stock has a market cap of $2.89 billion, a P/E ratio of -6.89 and a beta of 2.66.