Digital Media Stocks To Follow Today – November 5th

Adobe, DoubleVerify, Ziff Davis, BuzzFeed, Townsquare Media, Xunlei, and GameSquare are the seven 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 and services through digital channels, such as streaming platforms, social networks, online publishers, and digital advertising businesses. Investors may consider them based on factors like audience growth, advertising revenue, subscriptions, and competition, though the category is broad and not always a formal stock-market sector. These companies had the highest dollar trading volume of any Digital Media stocks within the last several days.

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.

Adobe stock traded down $1.69 during midday trading on Thursday, reaching $246.79. The stock had a trading volume of 2,025,397 shares, compared to its average volume of 5,591,706. The firm’s fifty day simple moving average is $252.78 and its two-hundred day simple moving average is $250.12. Adobe has a twelve month low of $190.12 and a twelve month high of $362.71. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77. The firm has a market cap of $96.05 billion, a price-to-earnings ratio of 13.78, a PEG ratio of 0.86 and a beta of 1.37.

DoubleVerify (DV)

DoubleVerify Holdings, Inc. provides a software platform for digital media measurement, and data analytics in the United States and internationally. The company provides solutions to advertisers that enable advertisers to increase the effectiveness and quality and return on their digital advertising investments.

NYSE:DV traded up $0.01 during trading hours on Thursday, hitting $13.56. 496,724 shares of the stock traded hands, compared to its average volume of 3,024,870. The firm has a 50 day moving average price of $13.46 and a 200 day moving average price of $11.36. The company has a current ratio of 4.69, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01. DoubleVerify has a fifty-two week low of $7.64 and a fifty-two week high of $13.65. The firm has a market cap of $2.12 billion, a price-to-earnings ratio of 33.91, a PEG ratio of 1.46 and a beta of 0.93.

Ziff Davis (ZD)

Ziff Davis, Inc., together with its subsidiaries, operates as a digital media and internet company in the United States and internationally. The company offers PCMag, an online resource for laboratory-based product reviews, technology news, buying guides, and research papers; Mashable for publishing technology and culture content; Spiceworks Ziff Davis provides digital content of IT products and services; retailMeNot, a savings destination platform; Offers.com, a coupon and deals website; and event-based properties, including BlackFriday.com, TheBlackFriday.com, BestBlackFriday.com, and DealsofAmerica.com.

Shares of Ziff Davis stock traded down $1.30 during midday trading on Thursday, hitting $55.45. The company’s stock had a trading volume of 102,797 shares, compared to its average volume of 729,759. Ziff Davis has a 1-year low of $22.45 and a 1-year high of $60.48. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.32. The firm has a market capitalization of $1.90 billion, a P/E ratio of 3.16 and a beta of 1.10. The stock has a 50-day simple moving average of $56.44 and a 200-day simple moving average of $47.56.

BuzzFeed (BZFD)

BuzzFeed, Inc., a digital media company, distributes content across owned and operated, as well as third-party platforms. The company offers BuzzFeed, a go-to authority for entertainment, pop culture, and Internet with articles, lists, quizzes, videos, and original series; BuzzFeed News, a pocket friendly newsroom; Tasty, a platform for food content; HuffPost, media platform for news, politics, opinion, entertainment, features, and lifestyle content.

BuzzFeed stock traded down $0.31 during mid-day trading on Thursday, hitting $0.61. The company’s stock had a trading volume of 1,695,306 shares, compared to its average volume of 1,306,214. The firm’s 50 day moving average is $1.07 and its 200 day moving average is $1.06. The company has a market cap of $50.75 million, a PE ratio of -0.38 and a beta of 4.02. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.01 and a quick ratio of 1.01. BuzzFeed has a 52-week low of $0.54 and a 52-week high of $2.21.

Townsquare Media (TSQ)

Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.

TSQ traded down $0.13 during trading on Thursday, reaching $2.05. 203,462 shares of the stock traded hands, compared to its average volume of 121,048. The stock’s 50-day simple moving average is $4.53 and its two-hundred day simple moving average is $5.95. Townsquare Media has a fifty-two week low of $1.90 and a fifty-two week high of $7.97. The stock has a market cap of $37.38 million, a price-to-earnings ratio of -0.71 and a beta of 1.35.

Xunlei (XNET)

Xunlei Limited, together with its subsidiaries, operates an internet platform for digital media content in the People's Republic of China. Its platform is based on cloud technology that enables users to access, store, manage, and consume digital media content. The company offers Xunlei Accelerator, which enables users to accelerate digital transmission over the internet; mobile acceleration plug-in, which provides mobile device users with benefits of download speed acceleration and download success rate improvements; and subscription services that offer users premium services through Green Channel and Fast Bird products.

XNET stock traded down $0.39 during mid-day trading on Thursday, hitting $3.13. The stock had a trading volume of 114,232 shares, compared to its average volume of 263,323. Xunlei has a 1-year low of $3.18 and a 1-year high of $8.80. The company has a fifty day moving average of $4.58 and a 200 day moving average of $5.48. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $199.51 million, a price-to-earnings ratio of -2.52 and a beta of 1.13.

GameSquare (GAME)

GameSquare Holdings, Inc. operates as a vertically integrated digital media, entertainment, and technology company. Its platform to connect with gaming and youth culture audiences. The company’s end-to-end platform includes Code Red Esports Ltd., an esports talent agency; GCN, a digital media company focusing on the gaming and esports audience; Zoned, a gaming and lifestyle marketing agency; Complexity Gaming, a esports organization operating; Fourth Frame Studios, a creative production studio; and Mission Supply, a merchandise and consumer products business; Frankly Media, programmatic advertising, Stream Hatchet, live streaming analytics, and Sideqik a social influencer marketing platform.

GAME traded down $0.19 on Thursday, hitting $2.47. The company had a trading volume of 49,504 shares, compared to its average volume of 396,634. GameSquare has a 1-year low of $1.88 and a 1-year high of $5.28. The company’s fifty day moving average price is $2.97 and its 200 day moving average price is $3.00. The stock has a market cap of $32.27 million, a price-to-earnings ratio of -0.50 and a beta of 1.46.