Best Music Stocks To Research – February 09th

Amazon.com, Apple, Alibaba Group, Spotify Technology, and Walt Disney are the five Music stocks to watch today, according to MarketBeat’s stock screener tool. Music stocks refer to publicly traded companies that operate within the music industry, including record labels, streaming services, and music production companies. Investors can purchase shares of these companies with the aim of profiting from the growth and success of the music industry. These companies had the highest dollar trading volume of any Music stocks within the last several days.

Amazon.com (AMZN)

Amazon.com, Inc. engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally. The company operates through three segments: North America, International, and Amazon Web Services (AWS). It also manufactures and sells electronic devices, including Kindle, Fire tablets, Fire TVs, Echo, Ring, Blink, and eero; and develops and produces media content.

Amazon.com stock traded down $9.68 during trading on Friday, reaching $229.15. The company had a trading volume of 77,420,680 shares, compared to its average volume of 33,645,924. The firm’s 50-day simple moving average is $226.93 and its 200 day simple moving average is $200.72. Amazon.com has a 52 week low of $151.61 and a 52 week high of $242.52. The company has a current ratio of 1.09, a quick ratio of 0.87 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.41 trillion, a price-to-earnings ratio of 41.44, a price-to-earnings-growth ratio of 1.36 and a beta of 1.15.

Apple (AAPL)

Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

Shares of NASDAQ AAPL traded down $5.59 during trading on Friday, hitting $227.63. The company had a trading volume of 39,626,060 shares, compared to its average volume of 58,424,872. Apple has a 12 month low of $164.07 and a 12 month high of $260.10. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.88 and a current ratio of 0.92. The firm has a market capitalization of $3.42 trillion, a P/E ratio of 36.13, a price-to-earnings-growth ratio of 2.32 and a beta of 1.20. The stock has a 50 day simple moving average of $241.26 and a 200 day simple moving average of $231.04.

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.

Alibaba Group stock traded up $3.33 during midday trading on Friday, hitting $103.71. The stock had a trading volume of 39,472,659 shares, compared to its average volume of 21,722,708. The company has a current ratio of 1.37, a quick ratio of 1.37 and a debt-to-equity ratio of 0.16. Alibaba Group has a 52-week low of $68.36 and a 52-week high of $117.82. The company has a market capitalization of $246.69 billion, a PE ratio of 21.04, a P/E/G ratio of 0.42 and a beta of 0.31. The firm’s fifty day moving average is $88.04 and its two-hundred day moving average is $89.69.

Spotify Technology (SPOT)

Spotify Technology S.A., together with its subsidiaries, provides audio streaming subscription services worldwide. It operates through two segments, Premium and Ad-Supported. The Premium segment offers unlimited online and offline streaming access to its catalog of music and podcasts without commercial breaks to its subscribers.

Shares of SPOT traded down $2.33 during mid-day trading on Friday, reaching $623.54. The stock had a trading volume of 2,317,533 shares, compared to its average volume of 2,176,745. The firm has a market cap of $124.12 billion, a price-to-earnings ratio of 104.80 and a beta of 1.63. Spotify Technology has a 12 month low of $228.07 and a 12 month high of $632.45. The business has a fifty day moving average of $493.96 and a 200 day moving average of $415.25.

Walt Disney (DIS)

The Walt Disney Company operates as an entertainment company worldwide. It operates through three segments: Entertainment, Sports, and Experiences. The company produces and distributes film and television video streaming content under the ABC Television Network, Disney, Freeform, FX, Fox, National Geographic, and Star brand television channels, as well as ABC television stations and A+E television networks; and produces original content under the ABC Signature, Disney Branded Television, FX Productions, Lucasfilm, Marvel, National Geographic Studios, Pixar, Searchlight Pictures, Twentieth Century Studios, 20th Television, and Walt Disney Pictures banners.

Walt Disney stock traded down $1.26 during mid-day trading on Friday, hitting $110.83. The stock had a trading volume of 8,665,849 shares, compared to its average volume of 8,609,331. Walt Disney has a one year low of $83.91 and a one year high of $123.74. The company has a current ratio of 0.68, a quick ratio of 0.67 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $200.36 billion, a P/E ratio of 36.10, a P/E/G ratio of 1.95 and a beta of 1.42. The firm’s 50 day moving average is $111.87 and its 200 day moving average is $101.19.