Social Media Stocks To Follow Now – April 29th

Shopify, Shift4 Payments, and Vertiv are the three Social Media stocks to watch today, according to MarketBeat’s stock screener tool. Social media stocks are shares of publicly traded companies whose core business is operating social networking platforms (for example Meta Platforms, Twitter/X and Snap). By buying these stocks, investors gain exposure to trends in user engagement, digital advertising revenue and new monetization strategies. Their market performance is often driven by metrics such as active user growth, ad sales, regulatory changes and competitive dynamics. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

Shares of SHOP stock traded up $0.49 on Tuesday, hitting $99.06. The company had a trading volume of 4,006,089 shares, compared to its average volume of 9,252,621. The firm has a market cap of $128.26 billion, a P/E ratio of 64.04, a price-to-earnings-growth ratio of 4.82 and a beta of 2.82. The company has a 50-day moving average price of $96.21 and a 200-day moving average price of $102.16. Shopify has a twelve month low of $48.56 and a twelve month high of $129.38.

Shift4 Payments (FOUR)

Shift4 Payments, Inc. (NYSE FOUR) provides integrated payment processing and technology solutions in the United States. Its payments platform provides omni-channel card acceptance and processing solutions, including end-to-end payment processing for various payment types; merchant acquiring; proprietary omni-channel gateway; complementary software integrations; integrated and mobile point-of-sale (POS) solutions; security and risk management solutions; and reporting and analytical tools, as well as tokenization, risk management/underwriting, payment device and chargeback management, fraud prevention, and gift card solutions.

NYSE FOUR traded up $10.47 during trading hours on Tuesday, reaching $90.13. The company’s stock had a trading volume of 2,849,469 shares, compared to its average volume of 1,605,759. The firm has a market capitalization of $8.03 billion, a price-to-earnings ratio of 29.44, a P/E/G ratio of 1.04 and a beta of 1.80. Shift4 Payments has a 1-year low of $56.10 and a 1-year high of $127.50. The company’s 50-day moving average is $85.10 and its two-hundred day moving average is $98.61. The company has a debt-to-equity ratio of 2.12, a current ratio of 1.38 and a quick ratio of 2.97.

Vertiv (VRT)

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.

VRT traded down $0.35 on Tuesday, hitting $85.80. 2,894,967 shares of the company’s stock were exchanged, compared to its average volume of 8,964,848. The firm has a 50-day moving average price of $80.62 and a 200-day moving average price of $107.39. The company has a current ratio of 1.65, a quick ratio of 1.02 and a debt-to-equity ratio of 1.19. The stock has a market cap of $32.67 billion, a price-to-earnings ratio of 67.24, a P/E/G ratio of 1.07 and a beta of 1.71. Vertiv has a fifty-two week low of $53.60 and a fifty-two week high of $155.84.