Robinhood Markets, Galaxy Digital, and Cellebrite DI are the three Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose core business activities involve digital currencies and blockchain technology. Such firms may operate cryptocurrency exchanges, provide mining hardware or services, or hold significant crypto assets on their balance sheets. By buying these stocks, investors gain indirect exposure to the crypto market through traditional equity markets rather than owning tokens directly. 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.
NASDAQ:HOOD traded up $1.50 during trading hours on Friday, hitting $112.21. 18,232,208 shares of the stock were exchanged, compared to its average volume of 41,647,645. The company's 50 day moving average is $94.57 and its two-hundred day moving average is $65.70. The company has a market capitalization of $99.72 billion, a P/E ratio of 56.81, a price-to-earnings-growth ratio of 4.14 and a beta of 2.36. Robinhood Markets has a twelve month low of $18.71 and a twelve month high of $117.70.
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 down $2.29 during mid-day trading on Friday, hitting $26.28. 6,320,788 shares of the company were exchanged, compared to its average volume of 3,330,462. The business has a 50 day simple moving average of $23.68. 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.
Read Our Latest Research Report on GLXY
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.
CLBT traded up $0.36 during trading on Friday, reaching $15.65. 1,984,203 shares of the stock traded hands, compared to its average volume of 1,634,331. Cellebrite DI has a 12 month low of $13.10 and a 12 month high of $26.30. The stock has a market capitalization of $3.75 billion, a PE ratio of -16.33, a P/E/G ratio of 2.82 and a beta of 1.27. The stock's 50-day moving average is $15.00 and its 200 day moving average is $17.88.
Read Our Latest Research Report on CLBT
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