Financial Stocks To Watch Today - June 28th

Coinbase Global, Circle Internet Group, and Salesforce are the three Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are shares of companies operating within the financial sector, including banks, insurance firms, asset managers and other institutions whose core businesses involve lending, underwriting or investment services. Because their revenues and profits depend heavily on interest rates, credit conditions and regulatory policies, financial stocks tend to be sensitive to changes in the economic cycle. Investors often hold them for both dividend income and potential capital gains tied to broader economic growth. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

Shares of NASDAQ:COIN traded down $21.64 during trading on Friday, reaching $353.43. 28,945,154 shares of the stock were exchanged, compared to its average volume of 10,718,893. The firm has a market cap of $89.73 billion, a price-to-earnings ratio of 66.19, a price-to-earnings-growth ratio of 27.43 and a beta of 3.61. Coinbase Global has a 1-year low of $142.58 and a 1-year high of $382.00. The stock has a fifty day moving average of $249.67 and a two-hundred day moving average of $241.93. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.52 and a quick ratio of 2.52.

Read Our Latest Research Report on COIN

Circle Internet Group (CRCL)

Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

Shares of NYSE CRCL traded down $33.01 during midday trading on Friday, reaching $180.62. The company's stock had a trading volume of 47,859,600 shares, compared to its average volume of 46,664,728. Circle Internet Group has a 12-month low of $64.00 and a 12-month high of $298.99. The company has a market capitalization of $40.20 billion and a PE ratio of -14,273.75.

Read Our Latest Research Report on CRCL

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

CRM stock traded up $1.98 during midday trading on Friday, reaching $272.72. 21,736,713 shares of the company's stock traded hands, compared to its average volume of 6,553,600. The firm has a market capitalization of $260.72 billion, a PE ratio of 42.68, a price-to-earnings-growth ratio of 2.45 and a beta of 1.38. Salesforce has a 52 week low of $230.00 and a 52 week high of $369.00. The company has a 50-day moving average price of $270.38 and a two-hundred day moving average price of $294.66. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.07 and a current ratio of 1.07.

Read Our Latest Research Report on CRM

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.