Robinhood Markets, Bitdeer Technologies Group, HIVE Digital Technologies, Bitfarms, Cellebrite DI, BTCS, and BTC Digital are the seven Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies that derive a significant portion of their revenue or business operations from blockchain and digital asset activities, such as mining, trading, or providing infrastructure and services for cryptocurrencies. Investors in these stocks gain exposure to the cryptocurrency market without directly owning digital coins. Like any equity investment, their value is influenced both by broader stock-market dynamics and by developments within the crypto industry. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.
Robinhood Markets (HOOD)
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.
Shares of HOOD traded up $0.56 on Friday, reaching $54.63. 27,831,673 shares of the company's stock were exchanged, compared to its average volume of 26,131,030. The business has a 50 day moving average price of $43.21 and a two-hundred day moving average price of $42.20. Robinhood Markets has a 12 month low of $13.98 and a 12 month high of $66.91. The stock has a market capitalization of $48.37 billion, a P/E ratio of 34.80, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15.
Read Our Latest Research Report on HOOD
Bitdeer Technologies Group (BTDR)
Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.
Bitdeer Technologies Group stock traded up $0.32 during mid-day trading on Friday, reaching $13.86. The company's stock had a trading volume of 4,389,340 shares, compared to its average volume of 4,666,967. Bitdeer Technologies Group has a 12 month low of $5.25 and a 12 month high of $26.99. The business's 50 day simple moving average is $9.62 and its 200 day simple moving average is $13.68. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of -26.65 and a beta of 2.24.
Read Our Latest Research Report on BTDR
HIVE Digital Technologies (HIVE)
HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.
NASDAQ HIVE traded down $0.04 on Friday, hitting $1.79. 6,917,215 shares of the company's stock were exchanged, compared to its average volume of 6,376,176. The company has a current ratio of 10.41, a quick ratio of 10.41 and a debt-to-equity ratio of 0.03. HIVE Digital Technologies has a 52 week low of $1.26 and a 52 week high of $5.54. The stock has a 50-day moving average of $1.64 and a 200-day moving average of $2.80. The stock has a market cap of $305.04 million, a price-to-earnings ratio of -35.80 and a beta of 3.52.
Read Our Latest Research Report on HIVE
Bitfarms (BITF)
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.
Shares of NASDAQ BITF traded up $0.03 during midday trading on Friday, hitting $1.09. 9,715,337 shares of the stock traded hands, compared to its average volume of 28,252,012. The business has a 50 day moving average price of $0.96 and a two-hundred day moving average price of $1.49. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.68 and a current ratio of 3.70. The company has a market cap of $585.03 million, a PE ratio of -3.01 and a beta of 3.69. Bitfarms has a one year low of $0.67 and a one year high of $3.28.
Read Our Latest Research Report on BITF
Cellebrite DI (CLBT)
Cellebrite DI Ltd. develops solutions for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company's DI suite of solutions allows users to collect, review, analyze, and manage digital data across the investigative lifecycle with respect to legally sanctioned investigations used in various cases, including child exploitation, homicide, anti-terror, border control, sexual crimes, human trafficking, corporate security, cryptocurrency, and intellectual property theft.
NASDAQ:CLBT traded up $0.14 during trading hours on Friday, hitting $19.42. The stock had a trading volume of 364,967 shares, compared to its average volume of 1,420,620. Cellebrite DI has a one year low of $10.25 and a one year high of $26.30. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of -13.97, a P/E/G ratio of 4.27 and a beta of 1.44. The company has a 50 day simple moving average of $18.89 and a two-hundred day simple moving average of $20.21.
Read Our Latest Research Report on CLBT
BTCS (BTCS)
BTCS Inc. operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.
Shares of NASDAQ:BTCS traded up $0.62 on Friday, hitting $2.54. The company had a trading volume of 1,752,302 shares, compared to its average volume of 989,543. The firm's 50-day simple moving average is $1.69 and its two-hundred day simple moving average is $2.40. The firm has a market capitalization of $40.57 million, a price-to-earnings ratio of 6.18 and a beta of 1.09. BTCS has a 1 year low of $0.95 and a 1 year high of $5.41.
Read Our Latest Research Report on BTCS
BTC Digital (METX)
Shares of BTC Digital stock traded up $0.24 on Friday, hitting $4.04. 575,158 shares of the company's stock were exchanged, compared to its average volume of 33,951. The company has a 50-day simple moving average of $3.93 and a 200-day simple moving average of $6.00. BTC Digital has a 1 year low of $1.75 and a 1 year high of $9.93.
Read Our Latest Research Report on METX
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