Promising Digital Media Stocks To Research – November 6th

Adobe, Ziff Davis, DoubleVerify, Xunlei, BuzzFeed, Townsquare Media, and LiveOne are the seven 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 support online content and services, such as streaming, digital advertising, social media, and online publishing. Investors may buy them to gain exposure to the growth of digital audiences and spending, though their performance can be affected by competition, advertising trends, and changing technology. 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.

Shares of ADBE traded down $4.51 during trading hours on Friday, hitting $241.93. The company had a trading volume of 1,185,281 shares, compared to its average volume of 5,589,710. The company’s fifty day moving average price is $252.24 and its two-hundred day moving average price is $249.87. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 0.41. Adobe has a one year low of $190.12 and a one year high of $362.71. The company has a market capitalization of $94.16 billion, a PE ratio of 13.53, a price-to-earnings-growth ratio of 0.87 and a beta of 1.37.

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 Ziff Davis stock traded down $2.87 during trading on Friday, reaching $51.41. The company’s stock had a trading volume of 245,810 shares, compared to its average volume of 730,561. Ziff Davis has a 1-year low of $22.45 and a 1-year high of $60.48. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 2.92 and a beta of 1.10. The company has a quick ratio of 2.16, a current ratio of 2.16 and a debt-to-equity ratio of 0.32. The company has a 50-day simple moving average of $56.41 and a two-hundred day simple moving average of $47.64.

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.

Shares of NYSE DV traded up $0.03 during midday trading on Friday, reaching $13.56. The company had a trading volume of 213,466 shares, compared to its average volume of 3,024,455. The business’s 50-day simple moving average is $13.47 and its 200 day simple moving average is $11.38. DoubleVerify has a 1 year low of $7.64 and a 1 year high of $13.65. The company has a current ratio of 4.69, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01. The stock has a market cap of $2.12 billion, a P/E ratio of 33.91, a P/E/G ratio of 1.46 and a beta of 0.93.

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.

Shares of XNET stock traded up $0.22 during mid-day trading on Friday, reaching $3.40. The stock had a trading volume of 121,574 shares, compared to its average volume of 264,646. Xunlei has a 1-year low of $3.10 and a 1-year high of $8.80. The firm has a market cap of $216.72 million, a price-to-earnings ratio of -2.74 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. The business’s fifty day moving average is $4.54 and its 200-day moving average is $5.46.

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.

Shares of BuzzFeed stock traded down $0.07 on Friday, reaching $0.49. 628,386 shares of the stock were exchanged, compared to its average volume of 1,307,824. The business has a 50 day moving average price of $1.06 and a two-hundred day moving average price of $1.06. The firm has a market capitalization of $40.75 million, a price-to-earnings ratio of -0.31 and a beta of 4.02. BuzzFeed has a twelve month low of $0.49 and a twelve month high of $2.21. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.51.

Townsquare Media (TSQ)

Townsquare Media, Inc. operates as a digital media and marketing solutions company in small and medium-sized businesses. It operates through three segments: Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. The Subscription Digital Marketing Solutions segment offers website design, creation, and development, as well as hosting services; and search engine optimization, online directory optimization, e-commerce solutions, online reputation monitoring, social media management, appointment scheduling, payment and invoice, customer management, and email and SMS marketing services.

NYSE:TSQ traded down $0.21 during midday trading on Friday, hitting $1.87. The company’s stock had a trading volume of 56,800 shares, compared to its average volume of 121,847. Townsquare Media has a fifty-two week low of $1.86 and a fifty-two week high of $7.97. The firm’s 50 day moving average is $4.45 and its 200-day moving average is $5.93. The firm has a market cap of $34.13 million, a P/E ratio of -0.68 and a beta of 1.35.

LiveOne (LVO)

LiveOne, Inc., a digital media company, engages in the acquisition, distribution, and monetization of live music, Internet radio, podcasting/vodcasting, and music-related streaming and video content. It operates LiveXLive, a live music streaming platform; PodcastOne, a podcasting platform; and Slacker, an integrated membership and advertising streaming music service, as well as produces original music-related content.

NASDAQ LVO traded up $0.01 on Friday, hitting $2.33. 13,446 shares of the company’s stock traded hands, compared to its average volume of 75,901. The firm’s 50-day moving average price is $2.94 and its two-hundred day moving average price is $4.60. The firm has a market capitalization of $31.95 million, a PE ratio of -1.33 and a beta of 1.81. LiveOne has a 1-year low of $2.08 and a 1-year high of $7.19.