Free Trial

Cryptocurrency Stocks To Follow Now - June 6th

Robinhood Markets logo with Finance background

Robinhood Markets, Galaxy Digital, Bitdeer Technologies Group, HIVE Digital Technologies, ZenaTech, Cellebrite DI, and Bitcoin Depot are the seven Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core business revolves around digital assets, blockchain technology or related services. By buying these equities, investors gain indirect exposure to the cryptocurrency market without holding tokens directly. Examples include crypto exchanges (e.g., Coinbase) and mining firms (e.g., Marathon Digital). These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Shares of Robinhood Markets stock traded up $1.62 during trading hours on Friday, reaching $74.13. The company's stock had a trading volume of 18,121,337 shares, compared to its average volume of 26,809,770. The company has a market capitalization of $65.64 billion, a P/E ratio of 47.22, a P/E/G ratio of 1.05 and a beta of 2.25. Robinhood Markets has a one year low of $13.98 and a one year high of $76.75. The stock's fifty day simple moving average is $51.92 and its two-hundred day simple moving average is $47.11.

Read Our Latest Research Report on HOOD

Galaxy Digital (GLXY)

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.

GLXY stock traded up $0.53 during trading on Friday, reaching $19.60. The stock had a trading volume of 1,602,983 shares, compared to its average volume of 879,515. Galaxy Digital has a one year low of $6.89 and a one year high of $26.60.

Read Our Latest Research Report on GLXY

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.

Shares of BTDR traded up $1.36 during mid-day trading on Friday, hitting $13.99. The stock had a trading volume of 2,097,351 shares, compared to its average volume of 4,990,919. The firm has a market cap of $1.57 billion, a P/E ratio of -26.79 and a beta of 2.32. Bitdeer Technologies Group has a 52 week low of $5.40 and a 52 week high of $26.99. The business has a fifty day moving average price of $11.14 and a 200-day moving average price of $14.38.

Read Our Latest Research Report on BTDR

HIVE Digital Technologies (HIVE)

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.

Shares of NASDAQ:HIVE traded up $0.20 during midday trading on Friday, reaching $2.02. 11,607,416 shares of the company traded hands, compared to its average volume of 7,459,439. HIVE Digital Technologies has a 12 month low of $1.26 and a 12 month high of $5.54. The firm has a market capitalization of $375.12 million, a price-to-earnings ratio of -40.30 and a beta of 3.45. The company has a quick ratio of 10.41, a current ratio of 10.41 and a debt-to-equity ratio of 0.03. The firm's fifty day moving average price is $1.72 and its two-hundred day moving average price is $2.49.

Read Our Latest Research Report on HIVE

ZenaTech (ZENA)

ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.

NASDAQ:ZENA traded down $0.16 during trading hours on Friday, hitting $4.29. 4,052,392 shares of the company's stock traded hands, compared to its average volume of 3,852,370. ZenaTech has a 52 week low of $1.41 and a 52 week high of $12.43. The business's fifty day simple moving average is $2.37 and its two-hundred day simple moving average is $4.30.

Read Our Latest Research Report on ZENA

Cellebrite DI (CLBT)

Cellebrite DI Ltd. develops solutions for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company's DI suite of solutions allows users to collect, review, analyze, and manage digital data across the investigative lifecycle with respect to legally sanctioned investigations used in various cases, including child exploitation, homicide, anti-terror, border control, sexual crimes, human trafficking, corporate security, cryptocurrency, and intellectual property theft.

NASDAQ:CLBT traded down $0.16 during mid-day trading on Friday, reaching $16.68. The stock had a trading volume of 581,457 shares, compared to its average volume of 1,468,339. Cellebrite DI has a one year low of $10.42 and a one year high of $26.30. The stock has a market capitalization of $3.99 billion, a P/E ratio of -12.01, a P/E/G ratio of 4.27 and a beta of 1.32. The firm has a 50 day moving average price of $18.41 and a two-hundred day moving average price of $20.09.

Read Our Latest Research Report on CLBT

Bitcoin Depot (BTM)

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.

BTM traded up $0.35 on Friday, hitting $4.45. 999,076 shares of the company were exchanged, compared to its average volume of 609,688. The company has a debt-to-equity ratio of 9.33, a quick ratio of 0.91 and a current ratio of 0.91. Bitcoin Depot has a 12 month low of $0.93 and a 12 month high of $4.80. The stock has a market capitalization of $286.38 million, a PE ratio of -4.77 and a beta of -0.27. The firm has a fifty day simple moving average of $2.08 and a two-hundred day simple moving average of $1.75.

Read Our Latest Research Report on BTM

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Robinhood Markets Right Now?

Before you consider Robinhood Markets, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Robinhood Markets wasn't on the list.

While Robinhood Markets currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Congress Is Pouring Millions Into These 6 Surprising Stocks
3 Dirt-Cheap Stocks in a Market That’s Getting Expensive
Top 3 Defense Stocks to Profit From $175 Billion Golden Dome

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines