Best Cloud Storage Stocks To Keep An Eye On – February 21st

NetApp, Tuya, Commvault Systems, Alarm.com, Backblaze, GoPro, and Shengfeng Development are the seven Cloud Storage stocks to watch today, according to MarketBeat’s stock screener tool. Cloud storage stocks refer to shares in companies that provide cloud-based storage services. These companies typically offer services to store, manage, and process data on remote servers that are accessed over the internet. They may provide services to both individuals and businesses. These companies had the highest dollar trading volume of any Cloud Storage stocks within the last several days.

NetApp (NTAP)

NetApp, Inc. provides cloud-led and data-centric services to manage and share data on-premises, and private and public clouds worldwide. It operates in two segments, Hybrid Cloud and Public Could. The company offers intelligent data management software, such as NetApp ONTAP, NetApp Snapshot, NetApp SnapCenter Backup Management, NetApp SnapMirror Data Replication, NetApp SnapLock Data Compliance, and storage infrastructure solutions, including NetApp All-Flash FAS series, NetApp Fabric Attached Storage, NetApp E/EF series, and NetApp StorageGRID.

NTAP stock traded up $1.55 during trading on Friday, hitting $126.10. 569,069 shares of the company traded hands, compared to its average volume of 1,357,564. The stock’s 50-day simple moving average is $120.07 and its 200 day simple moving average is $121.86. The company has a debt-to-equity ratio of 1.39, a current ratio of 0.91 and a quick ratio of 0.84. The company has a market cap of $25.64 billion, a PE ratio of 23.17, a P/E/G ratio of 2.96 and a beta of 1.23. NetApp has a 1 year low of $85.28 and a 1 year high of $135.45.

Tuya (TUYA)

Tuya Inc. offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.

TUYA stock traded up $0.38 during trading on Friday, hitting $4.26. 12,636,588 shares of the company traded hands, compared to its average volume of 4,014,221. The company has a market cap of $2.28 billion, a PE ratio of -141.17 and a beta of 0.48. Tuya has a 1 year low of $1.28 and a 1 year high of $4.63. The stock’s 50-day simple moving average is $2.24 and its 200 day simple moving average is $1.81.

Commvault Systems (CVLT)

Commvault Systems, Inc. provides data protection platform that helps customers to secure, defend, and recover their data in the United States and internationally. The company offers Commvault Backup and Recovery, a backup and recovery solution; Commvault Disaster Recovery, a replication and disaster recovery solution; Commvault Complete Data Protection, a data protection solution; and Metallic Data Protection as-a-service, which delivers enterprise-grade data protection as a service on a cloud platform, with advanced built-in security controls.

Shares of Commvault Systems stock traded down $3.53 on Friday, reaching $181.35. The company’s stock had a trading volume of 210,667 shares, compared to its average volume of 509,483. The company has a market capitalization of $7.98 billion, a P/E ratio of 47.36 and a beta of 0.65. Commvault Systems has a 52-week low of $92.36 and a 52-week high of $190.11. The stock has a 50-day moving average price of $163.97 and a 200-day moving average price of $158.89.

Alarm.com (ALRM)

Alarm.com Holdings, Inc. provides various Internet of Things (IoT) and solutions for residential, multi-family, small business, and enterprise commercial markets in North America and internationally. The company operates through two segments, Alarm.com and Other. It offers solutions to control and monitor security systems, as well as to IoT devices, including door locks, garage doors, thermostats, and video cameras; and video monitoring and analytics solutions, such as video analytics, escalated events, video doorbells, intelligent integration, live streaming, secure cloud storage, and video alerts.

Shares of Alarm.com stock traded up $0.21 on Friday, reaching $60.77. The company’s stock had a trading volume of 230,136 shares, compared to its average volume of 287,600. The company has a market capitalization of $3.00 billion, a P/E ratio of 26.20, a PEG ratio of 3.66 and a beta of 0.98. Alarm.com has a 52-week low of $51.87 and a 52-week high of $77.29. The stock has a 50-day moving average price of $62.06 and a 200-day moving average price of $59.68. The company has a quick ratio of 8.20, a current ratio of 8.66 and a debt-to-equity ratio of 1.42.

Backblaze (BLZE)

Backblaze, Inc., a storage cloud platform, provides businesses and consumers cloud services to store, use, and protect data in the United States and internationally. The company offers cloud services through a web-scale software infrastructure built on commodity hardware. It also provides Backblaze B2 Cloud Storage, which enables customers to store data, developers to build applications, and partners to expand their use cases.

Shares of Backblaze stock traded down $0.10 on Friday, reaching $7.36. The company’s stock had a trading volume of 164,689 shares, compared to its average volume of 292,574. The company has a market capitalization of $326.56 million, a P/E ratio of -6.63 and a beta of 0.92. Backblaze has a 52-week low of $4.91 and a 52-week high of $12.65. The stock has a 50-day moving average price of $6.50 and a 200-day moving average price of $6.52. The company has a quick ratio of 0.54, a current ratio of 0.54 and a debt-to-equity ratio of 0.39.

GoPro (GPRO)

GoPro, Inc. develops and sells cameras, mountable and wearable accessories, and subscription services and software in the Americas, Europe, the Middle East, Africa, the Asia and Pacific region, and internationally. The company provides cloud connected HERO12 Black, HERO11 Black, HERO11 Black Mini, HERO10 Black, HERO10 Black Bones, and HERO9 Black waterproof cameras; MAX, a 360-degree waterproof camera; Premium and Premium+ subscription services, which include full access to the Quik app, cloud storage supporting source video and photo quality, camera replacement, and damage protection; Quik subscription that offers access to editing tools, which allows users to edit photos, videos, and create cinematic stories; and Quik desktop and mobile apps that enable users to get their favorite photos and videos with footage from any phone or camera.

Shares of NASDAQ:GPRO traded down $0.02 during trading on Friday, reaching $0.80. The stock had a trading volume of 906,376 shares, compared to its average volume of 2,877,818. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.87 and a current ratio of 1.32. The business has a fifty day moving average price of $1.03 and a 200-day moving average price of $1.20. The stock has a market cap of $124.27 million, a PE ratio of -0.28 and a beta of 1.51. GoPro has a 1-year low of $0.77 and a 1-year high of $2.42.

Shengfeng Development (SFWL)

Shengfeng Development Limited, through its subsidiaries, provides contract logistics services in the People's Republic of China. The company offers business-to-business freight transportation services, such as full truckload and less than truckload; and cloud storage services, including warehouse management, order fulfillment, delivery process management, in-warehouse processing, and inventory optimization management services.

Shares of NASDAQ:SFWL traded down $0.01 during trading on Friday, reaching $1.02. The stock had a trading volume of 9,281 shares, compared to its average volume of 44,896. The business has a fifty day moving average price of $1.03 and a 200-day moving average price of $1.19. Shengfeng Development has a 1-year low of $0.81 and a 1-year high of $2.23.