Cryptocurrency Stocks Worth Watching - May 14th

Robinhood Markets, Cellebrite DI, and Bitdeer Technologies Group are the three Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose primary business operations involve cryptocurrencies or blockchain technology—such as crypto exchanges, mining firms or firms holding significant digital-asset portfolios. Unlike buying cryptocurrencies directly, investors in these stocks gain exposure to the industry’s potential upside (and downside) through conventional equity markets and may also receive dividends. 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.

HOOD stock traded up $0.44 during midday trading on Wednesday, hitting $63.01. 17,700,209 shares of the stock traded hands, compared to its average volume of 26,257,092. The firm has a market cap of $55.79 billion, a P/E ratio of 40.16, a PEG ratio of 1.05 and a beta of 2.15. The stock's fifty day simple moving average is $43.92 and its 200-day simple moving average is $42.96. Robinhood Markets has a 1-year low of $13.98 and a 1-year high of $66.91.

Read Our Latest Research Report on HOOD

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 stock traded down $2.34 during midday trading on Wednesday, hitting $17.79. 3,473,261 shares of the stock traded hands, compared to its average volume of 1,440,334. The firm has a market cap of $4.26 billion, a P/E ratio of -12.80, a PEG ratio of 4.27 and a beta of 1.44. The stock's fifty day simple moving average is $19.00 and its 200-day simple moving average is $20.26. Cellebrite DI has a 1-year low of $10.25 and a 1-year high of $26.30.

Read Our Latest Research Report on CLBT

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.

BTDR stock traded up $0.21 during midday trading on Wednesday, hitting $14.64. 2,183,637 shares of the stock traded hands, compared to its average volume of 4,736,195. The firm has a market cap of $1.64 billion, a P/E ratio of -28.16 and a beta of 2.24. The stock's fifty day simple moving average is $9.80 and its 200-day simple moving average is $13.86. Bitdeer Technologies Group has a 1-year low of $5.25 and a 1-year high of $26.99.

Read Our Latest Research Report on BTDR

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