Promising Cloud Storage Stocks Worth Watching – April 28th

NetApp, Commvault Systems, and Alarm.com are the three Cloud Storage stocks to watch today, according to MarketBeat’s stock screener tool. Error: Response status code does not indicate success: 429 (Too Many Requests). 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.

Shares of NASDAQ NTAP traded down $0.84 during midday trading on Monday, reaching $87.61. The company’s stock had a trading volume of 298,333 shares, compared to its average volume of 1,922,500. The company has a debt-to-equity ratio of 1.39, a quick ratio of 0.84 and a current ratio of 0.91. The company has a market cap of $17.82 billion, a P/E ratio of 16.09, a P/E/G ratio of 2.45 and a beta of 1.31. The business’s 50 day moving average price is $92.87 and its two-hundred day moving average price is $111.31. NetApp has a fifty-two week low of $71.84 and a fifty-two week high of $135.45.

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.

NASDAQ CVLT traded down $1.93 during midday trading on Monday, hitting $163.58. The company had a trading volume of 143,507 shares, compared to its average volume of 410,800. The firm has a 50-day moving average price of $159.28 and a 200-day moving average price of $161.65. The company has a market capitalization of $7.20 billion, a PE ratio of 42.83 and a beta of 0.68. Commvault Systems has a twelve month low of $97.63 and a twelve month high of $190.11.

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.

ALRM stock traded up $0.17 during mid-day trading on Monday, hitting $53.21. The stock had a trading volume of 67,021 shares, compared to its average volume of 417,843. The firm has a fifty day simple moving average of $55.54 and a 200 day simple moving average of $59.07. Alarm.com has a 52 week low of $48.23 and a 52 week high of $71.98. The company has a current ratio of 7.85, a quick ratio of 7.38 and a debt-to-equity ratio of 1.35. The firm has a market capitalization of $2.65 billion, a P/E ratio of 23.20, a P/E/G ratio of 3.59 and a beta of 1.03.