Streaming Stocks To Research – November 3rd

Spotify Technology, Roku, Franco-Nevada, Logitech International, NetEase, Tencent Music Entertainment Group, and Rumble are the seven Streaming stocks to watch today, according to MarketBeat’s stock screener tool. “Streaming stocks” generally refers to shares of publicly traded companies whose business centers on delivering digital content—such as movies, television, music, or live events—through internet-based streaming services. Investors evaluate these stocks based on factors such as subscriber growth, content costs, revenue, profitability, and competition. These companies had the highest dollar trading volume of any Streaming stocks within the last several days.

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 NYSE:SPOT traded up $3.75 during midday trading on Tuesday, reaching $597.79. The company had a trading volume of 821,009 shares, compared to its average volume of 2,188,827. The stock has a market cap of $123.07 billion, a P/E ratio of 39.63, a P/E/G ratio of 1.66 and a beta of 1.61. The company’s 50 day moving average price is $531.87 and its 200 day moving average price is $498.51. Spotify Technology has a 52-week low of $405.00 and a 52-week high of $668.49.

Roku (ROKU)

Roku, Inc., together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

Roku stock traded up $4.71 during trading on Tuesday, hitting $160.23. The stock had a trading volume of 2,146,464 shares, compared to its average volume of 3,268,829. Roku has a 1 year low of $78.53 and a 1 year high of $161.26. The stock’s 50 day moving average is $155.11 and its two-hundred day moving average is $127.79. The stock has a market cap of $23.78 billion, a price-to-earnings ratio of 68.50 and a beta of 2.05.

Franco-Nevada (FNV)

Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.

FNV stock traded down $3.98 during midday trading on Tuesday, reaching $225.29. 292,862 shares of the company’s stock traded hands, compared to its average volume of 817,222. The firm has a market capitalization of $43.45 billion, a PE ratio of 29.52, a price-to-earnings-growth ratio of 2.77 and a beta of 0.34. The company has a 50-day moving average price of $250.95 and a two-hundred day moving average price of $240.07. Franco-Nevada has a 52 week low of $181.95 and a 52 week high of $285.67.

Logitech International (LOGI)

Logitech International S.A., through its subsidiaries, designs, manufactures, and markets software-enabled hardware solutions that connect people to working, creating, gaming, and streaming worldwide. The company offers products for gamers and streamers, including mice, racing wheels, headsets, keyboards, microphones, and streaming services; corded and cordless keyboards and keyboard-and-mouse combinations; pointing devices, such as wireless mice and wireless mouse products; conference room cameras, such as ConferenceCams; controllers for video conferencing room solutions; PC-based webcams, including streaming cameras and VC webcams; tablet accessories that includes keyboards for tablets; PC and VC headsets, in-ear headphones, and premium wireless earbuds; and mobile speakers and PC speakers, as well as portable wireless Bluetooth speakers.

Shares of Logitech International stock traded down $1.79 during trading on Tuesday, hitting $92.76. The stock had a trading volume of 589,663 shares, compared to its average volume of 1,092,549. The business’s 50-day moving average is $101.95 and its 200 day moving average is $99.71. The firm has a market cap of $13.60 billion, a price-to-earnings ratio of 16.71, a P/E/G ratio of 3.66 and a beta of 1.14. Logitech International has a 12 month low of $83.32 and a 12 month high of $129.66.

NetEase (NTES)

NetEase, Inc. engages in online games, music streaming, online intelligent learning services, and internet content services businesses in China and internationally . The company operates through Games and Related Value-Added Services, Youdao, Cloud Music, and Innovative Businesses and Others segments.

Shares of NTES traded up $0.67 during trading hours on Tuesday, hitting $116.16. The company had a trading volume of 387,450 shares, compared to its average volume of 835,815. The stock’s 50 day moving average price is $119.75 and its 200 day moving average price is $121.18. The firm has a market cap of $74.37 billion, a P/E ratio of 16.00, a P/E/G ratio of 1.32 and a beta of 0.68. NetEase has a 52-week low of $106.06 and a 52-week high of $149.11.

Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.

Shares of TME stock traded up $0.06 during trading hours on Tuesday, reaching $8.96. The company’s stock had a trading volume of 3,527,778 shares, compared to its average volume of 8,818,354. The company has a current ratio of 1.74, a quick ratio of 1.74 and a debt-to-equity ratio of 0.13. Tencent Music Entertainment Group has a one year low of $7.66 and a one year high of $23.00. The stock has a market capitalization of $14.11 billion, a P/E ratio of 11.07, a P/E/G ratio of 1.46 and a beta of 0.78. The firm’s fifty day simple moving average is $8.27 and its 200 day simple moving average is $10.29.

Rumble (RUM)

Rumble Inc. operates video sharing platforms in the United States, Canada, and internationally. The company operates rumble.com, a free-to-use video sharing and livestreaming platform where users can subscribe to channels to stay in touch with creators, and access video on-demand (VOD) and live content streamed by creators.

Shares of RUM traded up $0.09 during trading hours on Tuesday, reaching $5.13. 1,520,693 shares of the company traded hands, compared to its average volume of 3,283,754. Rumble has a 12 month low of $4.62 and a 12 month high of $10.60. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.25. The company’s fifty day moving average price is $7.51 and its two-hundred day moving average price is $6.71. The company has a market capitalization of $2.55 billion, a price-to-earnings ratio of -8.72 and a beta of 1.25.