Promising Digital Media Stocks To Follow Now – November 10th

Adobe, DoubleVerify, Ziff Davis, Townsquare Media, and LiveOne 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 platforms. They can include firms in streaming, online publishing, social media, digital advertising, and gaming, and their performance may depend on factors such as audience growth, advertising demand, and subscription revenue. 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 NASDAQ:ADBE traded down $2.60 on Tuesday, hitting $234.72. 824,321 shares of the company’s stock were exchanged, compared to its average volume of 5,567,782. The stock has a market capitalization of $91.35 billion, a price-to-earnings ratio of 13.10, a price-to-earnings-growth ratio of 0.87 and a beta of 1.37. Adobe has a 12 month low of $190.12 and a 12 month high of $362.71. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.77 and a quick ratio of 0.77. The business’s 50 day simple moving average is $250.16 and its two-hundred day simple moving average is $249.33.

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 down $0.01 during mid-day trading on Tuesday, reaching $13.55. The company had a trading volume of 790,257 shares, compared to its average volume of 3,013,699. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 33.89, a price-to-earnings-growth ratio of 1.46 and a beta of 0.93. DoubleVerify has a 52 week low of $8.60 and a 52 week high of $13.65. The business’s 50-day moving average is $13.48 and its 200-day moving average is $11.41. The company has a current ratio of 4.69, a quick ratio of 4.50 and a debt-to-equity ratio of 0.01.

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.

ZD stock traded down $0.19 during mid-day trading on Tuesday, reaching $50.37. The company had a trading volume of 86,692 shares, compared to its average volume of 731,460. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.16 and a quick ratio of 2.16. The company has a market capitalization of $1.73 billion, a PE ratio of 2.98 and a beta of 1.10. The firm has a 50 day moving average of $56.18 and a 200 day moving average of $47.76. Ziff Davis has a 12 month low of $22.45 and a 12 month high of $60.48.

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.

Shares of Townsquare Media stock traded down $0.15 on Tuesday, hitting $1.60. 99,283 shares of the company traded hands, compared to its average volume of 122,248. The stock’s 50 day moving average price is $4.29 and its 200-day moving average price is $5.89. Townsquare Media has a 52 week low of $1.60 and a 52 week high of $7.97. The company has a market cap of $29.17 million, a PE ratio of -0.59 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 down $0.15 during midday trading on Tuesday, hitting $2.48. The stock had a trading volume of 57,197 shares, compared to its average volume of 75,717. LiveOne has a one year low of $2.08 and a one year high of $7.19. The company has a market capitalization of $34.00 million, a price-to-earnings ratio of -1.42 and a beta of 1.81. The stock has a 50-day moving average of $2.89 and a 200 day moving average of $4.59.