Oracle, Riot Platforms, and Core Scientific are the three Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of publicly traded companies that develop, deploy or derive significant revenue from blockchain technology— the decentralized, distributed ledger system underlying cryptocurrencies. Investing in these stocks offers indirect exposure to blockchain’s potential, as such companies may be involved in areas like cryptocurrency mining, blockchain-based software solutions, digital asset exchanges or related infrastructure. 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 traded down $0.38 during mid-day trading on Monday, reaching $230.18. The stock had a trading volume of 4,741,706 shares, compared to its average volume of 12,260,113. The stock has a market capitalization of $646.53 billion, a P/E ratio of 53.07, a P/E/G ratio of 3.45 and a beta of 1.39. The company has a debt-to-equity ratio of 4.07, a quick ratio of 0.75 and a current ratio of 0.75. The firm's fifty day simple moving average is $187.16 and its two-hundred day simple moving average is $166.42. Oracle has a 52 week low of $118.86 and a 52 week high of $241.44.
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 up $0.01 during mid-day trading on Monday, reaching $12.43. The stock had a trading volume of 33,064,417 shares, compared to its average volume of 28,775,235. The stock has a market capitalization of $4.44 billion, a P/E ratio of -9.44 and a beta of 4.57. 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 firm's fifty day simple moving average is $9.75 and its two-hundred day simple moving average is $9.62. Riot Platforms has a 52 week low of $6.19 and a 52 week high of $15.87.
Read Our Latest Research Report on RIOT
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.
CORZ traded up $0.85 during mid-day trading on Monday, reaching $13.36. The stock had a trading volume of 13,386,270 shares, compared to its average volume of 13,977,776. The stock has a market capitalization of $3.98 billion, a P/E ratio of -2.66 and a beta of 6.71. The firm's fifty day simple moving average is $12.22 and its two-hundred day simple moving average is $11.07. Core Scientific has a 52 week low of $6.20 and a 52 week high of $18.63.
Read Our Latest Research Report on CORZ
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