Oracle, Riot Platforms, Core Scientific, Applied Digital, Globant, BTCS, and Bitdeer Technologies Group are the seven Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of publicly traded companies that develop, use, or support blockchain technology—an immutable, decentralized ledger system for recording transactions. Investors buy these stocks to gain exposure to businesses involved in areas such as cryptocurrency mining, smart‐contract platforms, or enterprise blockchain solutions. Returns on blockchain stocks depend on both the firm’s execution and broader adoption of blockchain applications. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.
Oracle (ORCL)
Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.
NYSE:ORCL traded up $0.27 during mid-day trading on Thursday, hitting $235.58. The company's stock had a trading volume of 6,174,385 shares, compared to its average volume of 10,203,411. Oracle has a 1 year low of $118.86 and a 1 year high of $241.44. The company has a debt-to-equity ratio of 4.07, a current ratio of 0.75 and a quick ratio of 0.75. The stock has a market cap of $661.69 billion, a price-to-earnings ratio of 54.24, a PEG ratio of 3.51 and a beta of 1.39. The business's fifty day moving average is $183.77 and its two-hundred day moving average is $165.63.
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Riot Platforms (RIOT)
Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.
Shares of RIOT stock traded up $0.33 during mid-day trading on Thursday, hitting $12.57. 11,831,566 shares of the stock were exchanged, compared to its average volume of 28,572,077. The firm has a fifty day moving average of $9.57 and a 200 day moving average of $9.63. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.20. Riot Platforms has a 52-week low of $6.19 and a 52-week high of $15.87. The company has a market cap of $4.49 billion, a PE ratio of -9.46 and a beta of 4.57.
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Core Scientific (CORZ)
Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.
Shares of CORZ stock traded down $0.17 during mid-day trading on Thursday, hitting $13.27. 10,355,247 shares of the stock were exchanged, compared to its average volume of 13,861,232. The firm has a fifty day moving average of $12.05 and a 200 day moving average of $11.14. Core Scientific has a 52-week low of $6.20 and a 52-week high of $18.63. The company has a market cap of $3.95 billion, a PE ratio of -2.64 and a beta of 6.71.
Read Our Latest Research Report on CORZ
Applied Digital (APLD)
Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.
Shares of APLD stock traded up $0.09 during mid-day trading on Thursday, hitting $9.60. 8,518,435 shares of the stock were exchanged, compared to its average volume of 38,738,148. The firm has a fifty day moving average of $8.88 and a 200 day moving average of $7.75. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 1.56. Applied Digital has a 52-week low of $3.01 and a 52-week high of $15.42. The company has a market cap of $2.16 billion, a PE ratio of -7.01 and a beta of 6.04.
Read Our Latest Research Report on APLD
Globant (GLOB)
Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.
Shares of GLOB stock traded down $4.17 during mid-day trading on Thursday, hitting $88.58. 658,979 shares of the stock were exchanged, compared to its average volume of 734,324. The company has a market cap of $3.90 billion, a PE ratio of 26.19, a price-to-earnings-growth ratio of 2.86 and a beta of 1.20. Globant has a 52-week low of $86.02 and a 52-week high of $238.32. The firm has a fifty day moving average of $102.92 and a 200 day moving average of $144.28. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.13.
Read Our Latest Research Report on GLOB
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.
BTCS stock traded up $0.35 during midday trading on Thursday, reaching $4.52. The company had a trading volume of 7,870,004 shares, compared to its average volume of 1,913,076. The company has a market capitalization of $95.27 million, a P/E ratio of -2.63 and a beta of 1.15. BTCS has a 12-month low of $0.95 and a 12-month high of $6.19. The firm's fifty day simple moving average is $2.52 and its 200-day simple moving average is $2.35.
Read Our Latest Research Report on BTCS
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.
BTDR stock traded up $0.11 during mid-day trading on Thursday, reaching $13.08. The company's stock had a trading volume of 2,313,466 shares, compared to its average volume of 5,175,599. The stock has a market cap of $1.46 billion, a PE ratio of -3.20 and a beta of 2.22. Bitdeer Technologies Group has a fifty-two week low of $5.40 and a fifty-two week high of $26.99. The company's 50 day moving average is $13.02 and its two-hundred day moving average is $13.73.
Read Our Latest Research Report on BTDR
See Also
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