Social Media Stocks To Watch Now – May 9th

Shopify, HubSpot, and Expedia Group are the three Social Media stocks to watch today, according to MarketBeat’s stock screener tool. Social media stocks are shares of publicly traded companies whose primary business is operating social networking platforms or related services. Investors buy and sell these stocks to gain exposure to user-generated content, digital advertising revenues and the network effects that drive engagement and growth. These companies had the highest dollar trading volume of any Social Media stocks within the last several days.

Shopify (SHOP)

Shopify Inc., a commerce company, provides a commerce platform and services in Canada, the United States, Europe, the Middle East, Africa, the Asia Pacific, Australia, China, and Latin America. The company’s platform enables merchants to displays, manages, markets, and sells its products through various sales channels, including web and mobile storefronts, physical retail locations, pop-up shops, social media storefronts, native mobile apps, buy buttons, and marketplaces; and enables to manage products and inventory, process orders and payments, fulfill and ship orders, new buyers and build customer relationships, source products, leverage analytics and reporting, manage cash, payments and transactions, and access financing.

NYSE:SHOP traded down $2.58 during trading hours on Friday, hitting $91.42. 10,768,388 shares of the company’s stock traded hands, compared to its average volume of 9,248,290. The stock’s fifty day moving average price is $93.49 and its two-hundred day moving average price is $102.66. Shopify has a twelve month low of $48.56 and a twelve month high of $129.38. The firm has a market cap of $118.37 billion, a P/E ratio of 58.98, a P/E/G ratio of 4.82 and a beta of 2.66.

HubSpot (HUBS)

HubSpot, Inc., together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.

Shares of HubSpot stock traded down $55.66 during trading on Friday, hitting $604.70. 1,312,899 shares of the stock traded hands, compared to its average volume of 628,842. The company has a fifty day moving average price of $586.65 and a two-hundred day moving average price of $666.06. HubSpot has a twelve month low of $434.84 and a twelve month high of $881.13. The stock has a market cap of $31.83 billion, a P/E ratio of 6,719.64, a PEG ratio of 41.44 and a beta of 1.78.

Expedia Group (EXPE)

Expedia Group, Inc. operates as an online travel company in the United States and internationally. The company operates through B2C, B2B, and trivago segments. Its B2C segment includes Brand Expedia, a full-service online travel brand offers various travel products and services; Hotels.com for lodging accommodations; Vrbo, an online marketplace for the alternative accommodations; Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com.

Shares of EXPE traded down $12.19 during trading hours on Friday, hitting $156.80. 4,482,552 shares of the company were exchanged, compared to its average volume of 1,942,374. Expedia Group has a 52 week low of $107.25 and a 52 week high of $207.73. The company has a market cap of $20.20 billion, a PE ratio of 17.33, a PEG ratio of 0.92 and a beta of 1.62. The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.72 and a current ratio of 0.72. The firm’s 50 day moving average is $162.33 and its 200-day moving average is $175.66.