Promising Entertainment Stocks To Add to Your Watchlist – February 02nd

Alibaba Group, Verizon Communications, and Comcast are the three Entertainment stocks to watch today, according to MarketBeat’s stock screener tool. Entertainment stocks refer to publicly traded companies within the entertainment industry, such as those involved in film, television, music, sports, gaming, and other forms of entertainment. These stocks are investments in companies that generate revenue through providing entertainment-related products and services, and can be influenced by factors like box office performance, streaming trends, and consumer preferences. These companies had the highest dollar trading volume of any Entertainment stocks within the last several days.

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 down $4.09 during trading on Friday, reaching $98.65. The stock had a trading volume of 36,378,141 shares, compared to its average volume of 16,013,848. Alibaba Group has a 52-week low of $68.36 and a 52-week high of $117.82. The business has a 50 day moving average price of $86.58 and a 200 day moving average price of $88.83. 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 stock has a market cap of $234.66 billion, a PE ratio of 20.01, a P/E/G ratio of 0.41 and a beta of 0.30.

Verizon Communications (VZ)

Verizon Communications Inc., through its subsidiaries, engages in the provision of communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. It operates in two segments, Verizon Consumer Group (Consumer) and Verizon Business Group (Business).

Verizon Communications stock traded down $0.07 during mid-day trading on Friday, hitting $39.41. The company had a trading volume of 45,176,702 shares, compared to its average volume of 22,944,896. The stock has a market cap of $165.88 billion, a price-to-earnings ratio of 9.52, a PEG ratio of 4.21 and a beta of 0.46. The company has a quick ratio of 0.59, a current ratio of 0.63 and a debt-to-equity ratio of 1.21. Verizon Communications has a 1 year low of $37.58 and a 1 year high of $45.36. The business has a fifty day moving average of $40.61 and a 200 day moving average of $41.57.

Comcast (CMCSA)

Comcast Corporation operates as a media and technology company worldwide. It operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. The Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising.

Shares of CMCSA traded up $0.41 during mid-day trading on Friday, reaching $33.66. 39,168,556 shares of the company’s stock were exchanged, compared to its average volume of 20,222,426. The business’s fifty day simple moving average is $38.61 and its 200-day simple moving average is $40.07. Comcast has a 52-week low of $32.50 and a 52-week high of $47.11. The stock has a market capitalization of $128.80 billion, a PE ratio of 9.05, a price-to-earnings-growth ratio of 1.36 and a beta of 1.01. The company has a debt-to-equity ratio of 1.14, a current ratio of 0.72 and a quick ratio of 0.72.