MercadoLibre, UP Fintech, Rocket Companies, DeFi Development, Carlyle Group, WEX, and LexinFintech are the seven Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of publicly traded companies that develop and deploy technology-driven financial services and products, such as digital payments, online lending platforms, robo-advisors and blockchain applications. Investors buy these equities to gain exposure to the rapid innovation and growth potential in financial technology, though they also carry risks related to regulation, cybersecurity and market competition. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.
MercadoLibre (MELI)
MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.
NASDAQ:MELI traded up $61.93 on Friday, reaching $2,413.07. The company's stock had a trading volume of 219,690 shares, compared to its average volume of 387,293. The stock has a 50 day moving average price of $2,493.54 and a 200 day moving average price of $2,176.24. The company has a quick ratio of 1.18, a current ratio of 1.20 and a debt-to-equity ratio of 0.57. The firm has a market cap of $122.34 billion, a price-to-earnings ratio of 59.37, a price-to-earnings-growth ratio of 1.43 and a beta of 1.49. MercadoLibre has a 12-month low of $1,579.78 and a 12-month high of $2,645.22.
Read Our Latest Research Report on MELI
UP Fintech (TIGR)
UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.
Shares of NASDAQ TIGR traded up $0.73 during midday trading on Friday, reaching $10.65. 14,496,228 shares of the company's stock were exchanged, compared to its average volume of 7,779,946. UP Fintech has a 52-week low of $3.36 and a 52-week high of $14.48. The stock has a market capitalization of $1.97 billion, a PE ratio of 23.77, a price-to-earnings-growth ratio of 0.89 and a beta of 0.67. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.12 and a current ratio of 1.12. The business's fifty day moving average price is $9.05 and its two-hundred day moving average price is $8.04.
Read Our Latest Research Report on TIGR
Rocket Companies (RKT)
Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.
Shares of NYSE RKT traded up $0.10 during midday trading on Friday, hitting $13.88. 6,749,604 shares of the company's stock were exchanged, compared to its average volume of 7,175,611. The firm has a market cap of $27.75 billion, a P/E ratio of -462.50 and a beta of 2.28. Rocket Companies has a twelve month low of $10.06 and a twelve month high of $21.38. The stock's 50 day moving average price is $13.39 and its 200-day moving average price is $12.98. The company has a debt-to-equity ratio of 1.37, a current ratio of 12.62 and a quick ratio of 12.62.
Read Our Latest Research Report on RKT
DeFi Development (DFDV)
We are a B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch. We seek to revolutionize the commercial real estate lending market by making it hyper-efficient, transparent, and accessible to all rather than the few. Through our online platform, we provide technology that connects commercial mortgage borrowers looking for capital to refinance, build, or purchase commercial property, including, but not limited to, apartment buildings, to commercial property lenders.
DeFi Development stock traded down $1.93 during trading hours on Friday, hitting $24.81. 3,095,722 shares of the stock were exchanged, compared to its average volume of 2,858,341. DeFi Development has a 12 month low of $0.48 and a 12 month high of $53.88. The stock has a market capitalization of $365.45 million, a price-to-earnings ratio of -98.12 and a beta of -7.12.
Read Our Latest Research Report on DFDV
Carlyle Group (CG)
The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.
Carlyle Group stock traded down $0.24 during mid-day trading on Friday, reaching $59.88. The company's stock had a trading volume of 984,771 shares, compared to its average volume of 2,676,854. The business's 50 day simple moving average is $49.23 and its 200 day simple moving average is $47.22. Carlyle Group has a 12 month low of $33.02 and a 12 month high of $60.63. The company has a market capitalization of $21.62 billion, a price-to-earnings ratio of 20.31, a price-to-earnings-growth ratio of 1.12 and a beta of 1.86. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.36 and a current ratio of 2.36.
Read Our Latest Research Report on CG
WEX (WEX)
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings.
WEX stock traded down $0.07 during midday trading on Friday, hitting $153.48. The company's stock had a trading volume of 159,020 shares, compared to its average volume of 579,310. WEX has a 1-year low of $110.45 and a 1-year high of $217.47. The company has a debt-to-equity ratio of 5.06, a current ratio of 1.05 and a quick ratio of 1.05. The company has a 50-day moving average price of $141.95 and a two-hundred day moving average price of $149.62. The company has a market cap of $5.26 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 2.95 and a beta of 1.23.
Read Our Latest Research Report on WEX
LexinFintech (LX)
LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.
Shares of NASDAQ:LX traded down $0.20 during trading on Friday, reaching $6.31. The stock had a trading volume of 3,714,864 shares, compared to its average volume of 3,299,313. The firm's fifty day moving average is $7.52 and its 200 day moving average is $7.88. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.85 and a current ratio of 1.85. LexinFintech has a 52 week low of $1.57 and a 52 week high of $11.64. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 5.96 and a beta of 0.41.
Read Our Latest Research Report on LX
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