Top Cybersecurity Stocks to Follow Now – March 15th
MarketBeat News has identified the top cybersecurity stocks to watch today, according to our stock screener tool. These companies are at the forefront of protecting computer systems and networks from cyber threats, providing investors with a chance to participate in the growth of this rapidly expanding sector.
Cybersecurity Stocks: A Growing Industry
The cybersecurity industry is driven by increasing concerns over data breaches, hacking, and other digital attacks as technology continues to expand. With more devices being connected to the internet, the risk of cyber threats increases, making it essential for companies to invest in robust cybersecurity measures.
Alphabet Inc. (GOOGL)
Google's parent company, Alphabet Inc., is a leader in the cybersecurity space with its various products and platforms available globally. The Google Services segment provides ads, Android, Chrome, devices, Gmail, Google Drive, Google Maps, Google Photos, Google Play, Search, and YouTube.
In trading on Friday, GOOGL stock traded up $2.73 during trading, reaching $165.49. The company's stock had a trading volume of 31,966,064 shares, compared to its average volume of 30,160,998. With a market capitalization of $2.02 trillion, Alphabet has a P/E ratio of 20.56 and a beta of 1.02.
The company's fifty day moving average is $185.70 and its 200-day moving average is $176.38. Its quick ratio, current ratio, and debt-to-equity ratio are also noteworthy at 1.84, 1.84, and 0.03 respectively. Alphabet has a 1 year low of $140.03 and a 1 year high of $207.05.
CrowdStrike Holdings, Inc. (CRWD)
CrowdStrike provides cybersecurity solutions in the United States and internationally. Its unified platform offers cloud-delivered protection of endpoints, cloud workloads, identity, and data.
In trading on Friday, CRWD stock traded up $21.20 during trading, reaching $353.73. The company's market capitalization is $87.13 billion with a price-to-earnings ratio of 693.60 and a beta of 1.19.
The business has a fifty day simple moving average of $385.70 and a two-hundred day simple moving average of $340.82. Its debt-to-equity ratio is 0.24, current ratio is 1.86, and quick ratio is 1.86 respectively. CrowdStrike has a 52-week low of $200.81 and a 52-week high of $455.59.
Palo Alto Networks, Inc. (PANW)
Palo Alto Networks provides cybersecurity solutions worldwide. The company offers firewall appliances and software; Panorama, a security management solution for the global control of network security platform as a virtual or physical appliance; and subscription services covering areas like threat prevention, malware, and persistent threats.
In trading on Friday, PANW stock traded up $6.02 during trading, reaching $182.34. The company's market capitalization is $120.73 billion with a price-to-earnings ratio of 102.73 and a beta of 1.04.
The business has a fifty day simple moving average of $185.63 and a two-hundred day simple moving average of $184.79. Its debt-to-equity ratio is 0.15, current ratio is 2.23, and quick ratio is 2.32 respectively. Palo Alto Networks has a 52-week low of $132.50 and a 52-week high of $208.39.