MercadoLibre, Future FinTech Group, Rocket Companies, Carlyle Group, and DeFi Development are the five Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of publicly traded companies that develop and offer financial technology solutions, such as digital payments, online lending, robo-advisors, and blockchain applications. These companies aim to disrupt traditional banking and financial services by leveraging software, data analytics, and mobile platforms. Investors buy fintech stocks to participate in the growth of technology-driven innovations within the financial sector. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.
MercadoLibre (MELI)
MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.
Shares of NASDAQ:MELI traded down $14.65 during mid-day trading on Friday, reaching $2,387.45. The company had a trading volume of 341,673 shares, compared to its average volume of 389,303. The company has a current ratio of 1.20, a quick ratio of 1.18 and a debt-to-equity ratio of 0.57. The firm has a market cap of $121.04 billion, a price-to-earnings ratio of 58.72, a PEG ratio of 1.42 and a beta of 1.49. The company's 50-day moving average price is $2,486.03 and its 200-day moving average price is $2,161.17. MercadoLibre has a one year low of $1,579.78 and a one year high of $2,645.22.
Read Our Latest Research Report on MELI
Future FinTech Group (FTFT)
Future FinTech Group Inc., through its subsidiaries, operates online shopping platforms in People's Republic of China. It operates in three segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. The company offers cross-border money transfer service, brokerage and investment banking, and cryptocurrency mining farm business.
Shares of NASDAQ:FTFT traded up $2.43 during mid-day trading on Friday, reaching $3.94. The company had a trading volume of 96,331,215 shares, compared to its average volume of 49,505. The company's 50-day moving average price is $1.38 and its 200-day moving average price is $1.93. Future FinTech Group has a one year low of $1.01 and a one year high of $5.70.
Read Our Latest Research Report on FTFT
Rocket Companies (RKT)
Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.
Shares of NYSE:RKT traded down $0.11 during mid-day trading on Friday, reaching $13.68. The company had a trading volume of 11,678,385 shares, compared to its average volume of 7,040,922. The company has a current ratio of 12.62, a quick ratio of 12.62 and a debt-to-equity ratio of 1.37. The firm has a market cap of $27.36 billion, a price-to-earnings ratio of -456.00 and a beta of 2.28. The company's 50-day moving average price is $13.23 and its 200-day moving average price is $12.92. Rocket Companies has a one year low of $10.06 and a one year high of $21.38.
Read Our Latest Research Report on RKT
Carlyle Group (CG)
The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.
Shares of NASDAQ:CG traded down $0.15 during mid-day trading on Friday, reaching $58.35. The company had a trading volume of 2,297,335 shares, compared to its average volume of 2,678,645. The company's 50-day moving average price is $47.77 and its 200-day moving average price is $46.98. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 1.56. Carlyle Group has a one year low of $33.02 and a one year high of $58.84. The firm has a market cap of $21.07 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 1.22 and a beta of 1.86.
Read Our Latest Research Report on CG
DeFi Development (DFDV)
We are a B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch. We seek to revolutionize the commercial real estate lending market by making it hyper-efficient, transparent, and accessible to all rather than the few. Through our online platform, we provide technology that connects commercial mortgage borrowers looking for capital to refinance, build, or purchase commercial property, including, but not limited to, apartment buildings, to commercial property lenders.
DFDV stock traded up $2.61 during midday trading on Friday, reaching $27.25. 2,257,530 shares of the company's stock traded hands, compared to its average volume of 1,699,017. DeFi Development has a 52 week low of $0.48 and a 52 week high of $53.88. The stock has a market capitalization of $401.45 million, a price-to-earnings ratio of -107.77 and a beta of -7.12.
Read Our Latest Research Report on DFDV
Further Reading
Before you consider MercadoLibre, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MercadoLibre wasn't on the list.
While MercadoLibre currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
