Blockchain Stocks Worth Watching - July 12th

Oracle, Riot Platforms, and Future FinTech Group are the three Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of publicly traded companies whose core business involves developing, supporting, or utilizing blockchain technology. These firms may operate cryptocurrency exchanges, mine digital currencies, build decentralized applications, or provide blockchain infrastructure and consulting services. Investors buy blockchain stocks to gain exposure to the growth and innovation of distributed‐ledger technologies without directly holding cryptocurrencies. 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.

Shares of NYSE ORCL traded down $4.55 during midday trading on Friday, hitting $230.45. The stock had a trading volume of 10,172,356 shares, compared to its average volume of 10,259,055. The company has a market capitalization of $647.29 billion, a PE ratio of 53.10, a P/E/G ratio of 3.51 and a beta of 1.39. The stock has a 50 day simple moving average of $187.16 and a 200-day simple moving average of $166.49. Oracle has a 1 year low of $118.86 and a 1 year high of $241.44. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt-to-equity ratio of 4.07.

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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 NASDAQ RIOT traded down $0.17 during midday trading on Friday, hitting $12.42. The stock had a trading volume of 31,241,813 shares, compared to its average volume of 28,729,008. The company has a market capitalization of $4.44 billion, a PE ratio of -9.41 and a beta of 4.57. The stock has a 50 day simple moving average of $9.75 and a 200-day simple moving average of $9.65. Riot Platforms has a 1 year low of $6.19 and a 1 year high of $15.87. The company has a quick ratio of 3.23, a current ratio of 3.23 and a debt-to-equity ratio of 0.20.

Read Our Latest Research Report on RIOT

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 midday trading on Friday, hitting $3.94. The company had a trading volume of 96,331,215 shares, compared to its average volume of 49,505. Future FinTech Group has a twelve month low of $1.01 and a twelve month high of $5.70. The business's 50-day simple moving average is $1.38 and its 200-day simple moving average is $1.93.

Read Our Latest Research Report on FTFT