Robinhood Markets, Galaxy Digital, Bitdeer Technologies Group, HIVE Digital Technologies, Cellebrite DI, Bitcoin Depot, and Bitfarms are the seven Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are equity shares of publicly traded companies whose core businesses involve blockchain technology or digital asset management. These firms may operate cryptocurrency exchanges, run mining operations, provide wallet and custody services, or hold significant reserves of tokens like Bitcoin and Ethereum. By buying cryptocurrency stocks, investors gain indirect exposure to the price swings and growth prospects of the broader digital‐asset market through traditional equity markets. 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.
Robinhood Markets stock traded up $0.67 during mid-day trading on Friday, hitting $64.62. The company's stock had a trading volume of 10,189,151 shares, compared to its average volume of 26,454,197. The stock has a market cap of $57.21 billion, a price-to-earnings ratio of 41.13, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15. The business has a 50 day moving average price of $49.34 and a 200-day moving average price of $45.83. Robinhood Markets has a 12 month low of $13.98 and a 12 month high of $67.13.
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.
Shares of GLXY stock traded down $1.02 during mid-day trading on Friday, reaching $18.58. The stock had a trading volume of 7,656,283 shares, compared to its average volume of 4,003,056. Galaxy Digital has a 52-week low of $18.00 and a 52-week 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 stock traded down $0.99 during mid-day trading on Friday, reaching $13.32. The stock had a trading volume of 2,713,887 shares, compared to its average volume of 4,935,831. The stock's 50-day moving average price is $10.83 and its two-hundred day moving average price is $14.32. Bitdeer Technologies Group has a 52-week low of $5.40 and a 52-week high of $26.99. The firm has a market capitalization of $1.49 billion, a PE ratio of -25.61 and a beta of 2.24.
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 HIVE stock traded up $0.01 during mid-day trading on Friday, reaching $1.82. The stock had a trading volume of 6,635,583 shares, compared to its average volume of 7,195,112. The stock's 50-day moving average price is $1.69 and its two-hundred day moving average price is $2.58. HIVE Digital Technologies has a 52-week low of $1.26 and a 52-week high of $5.54. The firm has a market capitalization of $321.40 million, a PE ratio of -36.30 and a beta of 3.52. The company has a current ratio of 10.41, a quick ratio of 10.41 and a debt-to-equity ratio of 0.03.
Read Our Latest Research Report on HIVE
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.
Shares of NASDAQ CLBT traded down $0.16 during midday trading on Friday, hitting $16.62. 497,393 shares of the company traded hands, compared to its average volume of 1,456,442. Cellebrite DI has a 12-month low of $10.25 and a 12-month high of $26.30. The stock has a 50-day moving average price of $18.73 and a 200 day moving average price of $20.13. The firm has a market cap of $3.98 billion, a P/E ratio of -11.95, a P/E/G ratio of 4.27 and a beta of 1.44.
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.
Bitcoin Depot stock traded up $0.14 during midday trading on Friday, reaching $3.88. 1,040,146 shares of the company traded hands, compared to its average volume of 565,086. Bitcoin Depot has a 12 month low of $0.93 and a 12 month high of $4.09. The firm has a market capitalization of $249.21 million, a price-to-earnings ratio of -4.17 and a beta of -0.27. The company has a debt-to-equity ratio of 9.33, a current ratio of 0.91 and a quick ratio of 0.91. The business has a 50 day moving average of $1.81 and a two-hundred day moving average of $1.68.
Read Our Latest Research Report on BTM
Bitfarms (BITF)
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.
Shares of NASDAQ BITF traded down $0.02 during midday trading on Friday, reaching $0.91. The stock had a trading volume of 3,266,582 shares, compared to its average volume of 28,609,903. The stock has a 50-day moving average of $0.95 and a 200-day moving average of $1.38. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.68 and a current ratio of 3.70. The company has a market capitalization of $504.92 million, a price-to-earnings ratio of -2.53 and a beta of 3.69. Bitfarms has a 12-month low of $0.67 and a 12-month high of $3.28.
Read Our Latest Research Report on BITF
Further Reading
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