Music Stocks To Watch Today – February 18th

Apple, Amazon.com, Alibaba Group, Spotify Technology, Walt Disney, Western Digital, and Etsy are the seven Music stocks to watch today, according to MarketBeat’s stock screener tool. Music stocks refer to publicly traded companies within the music industry that specialize in various aspects, such as music production, distribution, streaming services, and live music events. Investors can purchase shares of these companies on stock exchanges, allowing them to own a portion of the company and potentially profit from its financial success. These companies had the highest dollar trading volume of any Music stocks within the last several days.

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 $0.13 during mid-day trading on Tuesday, hitting $244.47. The company had a trading volume of 48,178,946 shares, compared to its average volume of 54,918,613. The company has a market capitalization of $3.67 trillion, a PE ratio of 38.80, a price-to-earnings-growth ratio of 2.32 and a beta of 1.20. The company has a debt-to-equity ratio of 1.26, a current ratio of 0.92 and a quick ratio of 0.88. Apple has a 1-year low of $164.07 and a 1-year high of $260.10. The business’s 50-day simple moving average is $240.66 and its 200 day simple moving average is $231.94.

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 $2.23 during midday trading on Tuesday, reaching $226.45. The company’s stock had a trading volume of 42,893,292 shares, compared to its average volume of 35,147,559. Amazon.com has a fifty-two week low of $151.61 and a fifty-two week high of $242.52. The company has a quick ratio of 0.87, a current ratio of 1.09 and a debt-to-equity ratio of 0.21. The company has a market cap of $2.38 trillion, a P/E ratio of 40.95, a P/E/G ratio of 1.36 and a beta of 1.15. The business has a 50-day simple moving average of $228.26 and a 200-day simple moving average of $202.87.

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 $2.45 during midday trading on Tuesday, reaching $127.18. The company’s stock had a trading volume of 42,016,984 shares, compared to its average volume of 25,863,869. Alibaba Group has a fifty-two week low of $68.36 and a fifty-two week high of $129.02. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.16. The company has a market cap of $302.53 billion, a P/E ratio of 25.80, a P/E/G ratio of 0.42 and a beta of 0.31. The business has a 50-day simple moving average of $91.90 and a 200-day simple moving average of $91.53.

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.

Spotify Technology stock traded down $6.78 during midday trading on Tuesday, reaching $631.40. The company’s stock had a trading volume of 1,931,221 shares, compared to its average volume of 2,083,274. Spotify Technology has a fifty-two week low of $239.66 and a fifty-two week high of $652.63. The company has a market cap of $125.68 billion, a P/E ratio of 106.12 and a beta of 1.63. The business has a 50-day simple moving average of $511.45 and a 200-day simple moving average of $428.76.

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 $0.90 during midday trading on Tuesday, reaching $109.48. The company’s stock had a trading volume of 8,334,601 shares, compared to its average volume of 8,289,167. Walt Disney has a fifty-two week low of $83.91 and a fifty-two week high of $123.74. The company has a quick ratio of 0.67, a current ratio of 0.68 and a debt-to-equity ratio of 0.36. The company has a market cap of $197.91 billion, a P/E ratio of 35.66, a P/E/G ratio of 1.95 and a beta of 1.42. The business has a 50-day simple moving average of $111.06 and a 200-day simple moving average of $102.02.

Western Digital (WDC)

Western Digital Corporation develops, manufactures, and sells data storage devices and solutions in the United States, China, Hong Kong, Europe, the Middle East, Africa, rest of Asia, and internationally. It offers client devices, including hard disk drives (HDDs) and solid state drives (SSDs) for desktop and notebook personal computers (PCs), gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs, and other portable and wearable devices, as well as automotive, Internet of Things, industrial, and connected home applications.

Shares of WDC stock traded up $3.64 during mid-day trading on Tuesday, hitting $72.03. 9,363,568 shares of the stock were exchanged, compared to its average volume of 6,708,122. The stock’s fifty day simple moving average is $64.57 and its two-hundred day simple moving average is $65.37. The stock has a market capitalization of $25.05 billion, a price-to-earnings ratio of 17.15 and a beta of 1.44. Western Digital has a 12-month low of $52.77 and a 12-month high of $81.55. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.26 and a current ratio of 1.99.

Etsy (ETSY)

Etsy, Inc., together with its subsidiaries, operates two-sided online marketplaces that connect buyers and sellers in the United States, the United Kingdom, Germany, Canada, Australia, and France. Its primary marketplace is Etsy.com that connects artisans and entrepreneurs with various consumers. The company also offers Reverb, a musical instrument marketplace; Depop, a fashion resale marketplace; and Elo7, a Brazil-based marketplace for handmade and unique items.

Shares of ETSY stock traded up $0.14 during mid-day trading on Tuesday, hitting $57.34. 7,450,730 shares of the stock were exchanged, compared to its average volume of 2,934,590. The stock’s fifty day simple moving average is $54.88 and its two-hundred day simple moving average is $53.84. The stock has a market capitalization of $6.45 billion, a price-to-earnings ratio of 29.26, a P/E/G ratio of 2.71 and a beta of 2.00. Etsy has a 12-month low of $47.10 and a 12-month high of $78.65.