Promising Digital Media Stocks To Research – March 3rd

Alibaba Group, Adobe, and Digital Realty Trust are the three Digital Media stocks to watch today, according to MarketBeat’s stock screener tool. Digital media stocks are shares in companies that produce, distribute, or monetize content through digital channels, such as online streaming, social media, and digital advertising platforms. These stocks represent firms that are capitalizing on the shift from traditional, offline media to online, technology-driven models, reflecting the market’s expectations of continued growth in the digital communication 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 $1.44 during mid-day trading on Monday, reaching $133.95. 10,065,049 shares of the company were exchanged, compared to its average volume of 31,047,592. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.48 and a quick ratio of 1.48. The firm’s 50-day simple moving average is $100.36 and its 200 day simple moving average is $94.99. Alibaba Group has a 1 year low of $68.36 and a 1 year high of $145.30. The firm has a market cap of $318.26 billion, a price-to-earnings ratio of 19.35, a P/E/G ratio of 0.61 and a beta of 0.31.

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 NASDAQ ADBE traded up $8.01 during trading on Monday, reaching $446.57. The stock had a trading volume of 726,665 shares, compared to its average volume of 3,404,647. 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 company has a market cap of $194.39 billion, a P/E ratio of 35.99, a PEG ratio of 2.15 and a beta of 1.31. Adobe has a fifty-two week low of $403.75 and a fifty-two week high of $587.75. The business’s 50-day moving average price is $439.71 and its 200-day moving average price is $490.59.

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.

Digital Realty Trust stock traded up $0.66 during midday trading on Monday, reaching $156.98. 460,328 shares of the stock traded hands, compared to its average volume of 2,426,119. The firm has a market cap of $52.85 billion, a PE ratio of 96.82, a price-to-earnings-growth ratio of 4.38 and a beta of 0.63. The company has a current ratio of 2.07, a quick ratio of 1.61 and a debt-to-equity ratio of 0.80. The company has a 50-day simple moving average of $171.26 and a two-hundred day simple moving average of $170.02. Digital Realty Trust has a 12-month low of $135.54 and a 12-month high of $198.00.