Digital Media Stocks To Follow Today – November 7th

Adobe, Ziff Davis, DoubleVerify, Xunlei, and BuzzFeed are the five 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, online publishers, social networks, and digital advertising businesses. For investors, the term is a broad sector label rather than a formal stock-market classification, and these stocks may be influenced by user growth, advertising demand, subscriptions, and competition. 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.

ADBE traded down $7.14 during midday trading on Friday, hitting $239.30. The company had a trading volume of 3,295,382 shares, compared to its average volume of 4,311,005. The stock’s 50 day moving average price is $251.24 and its 200 day moving average price is $249.62. Adobe has a 52 week low of $190.12 and a 52 week high of $362.71. The company has a market capitalization of $93.14 billion, a price-to-earnings ratio of 13.35, a PEG ratio of 0.88 and a beta of 1.37. The company has a quick ratio of 0.77, a current ratio of 0.77 and a debt-to-equity ratio of 0.41.

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 ZD stock traded down $4.67 on Friday, reaching $49.61. 933,933 shares of the company were exchanged, compared to its average volume of 405,626. The company has a market cap of $1.70 billion, a price-to-earnings ratio of 2.93 and a beta of 1.10. The company has a 50-day moving average of $56.29 and a 200-day moving average of $47.70. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.16 and a quick ratio of 2.16. Ziff Davis has a one year low of $22.45 and a one year high of $60.48.

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.

DoubleVerify stock traded up $0.01 during midday trading on Friday, reaching $13.55. The stock had a trading volume of 1,299,380 shares, compared to its average volume of 1,770,863. DoubleVerify has a 12 month low of $7.64 and a 12 month high of $13.65. The company has a market capitalization of $2.12 billion, a P/E ratio of 33.89, a PEG ratio of 1.46 and a beta of 0.93. The company has a fifty day moving average price of $13.47 and a two-hundred day moving average price of $11.39. The company has a current ratio of 4.69, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01.

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 up $0.36 during trading on Friday, reaching $3.54. 437,594 shares of the stock were exchanged, compared to its average volume of 236,240. The firm’s 50 day moving average is $4.51 and its 200 day moving average is $5.44. The firm has a market cap of $225.64 million, a P/E ratio of -2.85 and a beta of 1.13. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.03. Xunlei has a twelve month low of $3.10 and a twelve month high of $8.80.

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 $0.04 during mid-day trading on Friday, reaching $0.52. The stock had a trading volume of 2,107,554 shares, compared to its average volume of 225,473. The firm has a market capitalization of $43.11 million, a PE ratio of -0.33 and a beta of 4.02. BuzzFeed has a fifty-two week low of $0.46 and a fifty-two week high of $2.21. The stock’s 50-day simple moving average is $1.05 and its 200-day simple moving average is $1.06. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.01.