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Blockchain Stocks Worth Watching - June 10th

Oracle logo with Computer and Technology background

Oracle, Applied Digital, and Riot Platforms 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, implement, or invest in blockchain technology and related services—such as cryptocurrency exchanges, mining operations, smart-contract platforms, or enterprise distributed-ledger solutions. By buying these equities, investors gain indirect exposure to the growth and adoption of blockchain without holding digital currencies directly. 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 ORCL stock traded down $1.37 on Tuesday, hitting $175.78. The company had a trading volume of 4,199,522 shares, compared to its average volume of 9,490,803. The firm has a market cap of $491.66 billion, a P/E ratio of 43.01, a P/E/G ratio of 3.46 and a beta of 1.32. The stock's 50-day moving average is $147.83 and its two-hundred day moving average is $160.13. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle has a twelve month low of $118.86 and a twelve month high of $198.31.

Read Our Latest Research Report on ORCL

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 NASDAQ APLD traded down $0.44 during mid-day trading on Tuesday, reaching $12.58. 33,980,405 shares of the company's stock traded hands, compared to its average volume of 38,772,328. Applied Digital has a 1-year low of $3.01 and a 1-year high of $15.42. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.77 and a quick ratio of 0.77. The business has a 50-day simple moving average of $6.28 and a 200 day simple moving average of $7.55. The stock has a market cap of $2.83 billion, a P/E ratio of -7.27 and a beta of 6.08.

Read Our Latest Research Report on APLD

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 $0.14 during trading hours on Tuesday, hitting $10.26. The stock had a trading volume of 19,569,114 shares, compared to its average volume of 27,084,365. The company's fifty day simple moving average is $7.97 and its 200 day simple moving average is $9.84. The stock has a market cap of $3.66 billion, a PE ratio of 24.02 and a beta of 4.53. Riot Platforms has a 1 year low of $6.19 and a 1 year high of $15.87.

Read Our Latest Research Report on RIOT

See Also

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