Blockchain Stocks To Follow Today - July 28th

Key Points

• MarketBeat highlighted five key Blockchain stocks to monitor: Oracle, Riot Platforms, SMX Public, Applied Digital, and Core Scientific, chosen for their high trading volumes.
• Oracle stock recently traded at $244.21 with a market capitalization of $685.94 billion and a P/E ratio of 56.28.
• Riot Platforms, a bitcoin mining company, had a trading volume of 21,694,448 shares and reached a stock price of $14.08 recently.

Oracle, Riot Platforms, SMX (Security Matters) Public, Applied Digital, and Core Scientific are the five Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of publicly traded companies that develop, utilize, or provide services related to blockchain technology—such as distributed ledgers, smart contracts, or crypto-asset infrastructure. Investing in these equities lets shareholders gain exposure to the growth potential of blockchain innovation without directly purchasing cryptocurrencies. Their performance often tracks developments in the broader blockchain and digital-asset markets. 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.

ORCL stock traded down $0.91 during trading on Monday, hitting $244.21. 1,989,336 shares of the company's stock traded hands, compared to its average volume of 12,103,835. The firm has a market capitalization of $685.94 billion, a P/E ratio of 56.28, a PEG ratio of 3.66 and a beta of 1.39. Oracle has a 1 year low of $118.86 and a 1 year high of $251.60. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07. The business has a fifty day simple moving average of $204.42 and a two-hundred day simple moving average of $171.71.

Read Our Latest Research Report on ORCL

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.

RIOT traded down $0.47 during trading on Monday, hitting $14.08. The stock had a trading volume of 21,694,448 shares, compared to its average volume of 33,548,500. Riot Platforms has a twelve month low of $6.19 and a twelve month high of $15.87. The stock has a 50 day simple moving average of $10.78 and a two-hundred day simple moving average of $9.78. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.23 and a current ratio of 3.23. The company has a market capitalization of $5.03 billion, a PE ratio of -10.69 and a beta of 4.57.

Read Our Latest Research Report on RIOT

SMX (Security Matters) Public (SMX)

SMX (Security Matters) Public Limited Company, through its subsidiaries, engages in the development and commercialization of track and trace technologies for various industries. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.

NASDAQ SMX traded up $0.66 on Monday, reaching $2.78. 65,289,539 shares of the company's stock traded hands, compared to its average volume of 1,507,681. The stock has a 50 day moving average price of $4.05 and a 200-day moving average price of $8.68. SMX has a fifty-two week low of $1.06 and a fifty-two week high of $841.32. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.02.

Read Our Latest Research Report on SMX

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 Applied Digital stock traded down $0.31 during trading hours on Monday, reaching $10.44. The stock had a trading volume of 8,369,768 shares, compared to its average volume of 37,960,211. The firm has a market capitalization of $2.35 billion, a PE ratio of -7.62 and a beta of 6.04. The stock's 50 day moving average is $10.06 and its 200 day moving average is $7.90. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.56. Applied Digital has a twelve month low of $3.01 and a twelve month high of $15.42.

Read Our Latest Research Report on APLD

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.

NASDAQ CORZ traded down $0.25 during trading hours on Monday, hitting $13.51. 3,907,407 shares of the company's stock traded hands, compared to its average volume of 16,352,197. The firm's 50-day moving average is $12.99 and its 200-day moving average is $11.02. Core Scientific has a 52-week low of $6.20 and a 52-week high of $18.63. The company has a market capitalization of $4.02 billion, a PE ratio of -2.69 and a beta of 6.71.

Read Our Latest Research Report on CORZ