Robinhood Markets, ZenaTech, Galaxy Digital, Bitfarms, and BTCS are the five Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core business involves digital assets or blockchain technology—such as crypto miners, exchanges, wallet providers, or software developers. Their market performance often correlates with the price swings of major cryptocurrencies, offering traditional equity investors indirect exposure to the crypto economy. 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 NASDAQ:HOOD traded up $1.25 during trading on Tuesday, reaching $114.87. The company had a trading volume of 22,861,194 shares, compared to its average volume of 41,707,410. Robinhood Markets has a fifty-two week low of $18.36 and a fifty-two week high of $117.70. The stock's fifty day moving average price is $92.24 and its 200 day moving average price is $64.62. The firm has a market capitalization of $102.08 billion, a price-to-earnings ratio of 58.21, a price-to-earnings-growth ratio of 4.37 and a beta of 2.36.
Read Our Latest Research Report on HOOD
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 up $0.70 during midday trading on Tuesday, reaching $5.50. The stock had a trading volume of 20,549,705 shares, compared to its average volume of 2,541,011. ZenaTech has a 12-month low of $1.41 and a 12-month high of $12.43. The firm has a fifty day simple moving average of $4.62 and a two-hundred day simple moving average of $3.64.
Read Our Latest Research Report on ZENA
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 NASDAQ:GLXY traded down $0.60 during midday trading on Tuesday, hitting $27.88. The stock had a trading volume of 3,954,836 shares, compared to its average volume of 3,217,611. Galaxy Digital has a 1 year low of $8.20 and a 1 year high of $33.17. The company has a quick ratio of 1.34, a current ratio of 1.34 and a debt-to-equity ratio of 0.28. The company's 50 day moving average price is $23.15.
Read Our Latest Research Report on GLXY
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.
NASDAQ:BITF traded up $0.02 during mid-day trading on Tuesday, reaching $1.25. The stock had a trading volume of 21,137,649 shares, compared to its average volume of 25,777,344. Bitfarms has a twelve month low of $0.67 and a twelve month high of $2.76. The business has a 50 day simple moving average of $1.02 and a 200 day simple moving average of $1.06. The firm has a market capitalization of $694.15 million, a price-to-earnings ratio of -6.55 and a beta of 3.50. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.58 and a current ratio of 2.64.
Read Our Latest Research Report on BITF
BTCS (BTCS)
BTCS Inc. operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.
Shares of BTCS traded down $0.18 during mid-day trading on Tuesday, hitting $4.42. The company's stock had a trading volume of 4,150,556 shares, compared to its average volume of 3,732,988. BTCS has a 1-year low of $0.95 and a 1-year high of $8.49. The firm has a market capitalization of $211.45 million, a P/E ratio of -2.59 and a beta of 1.17. The firm has a 50-day simple moving average of $3.72 and a 200 day simple moving average of $2.70.
Read Our Latest Research Report on BTCS
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