MercadoLibre, Rocket Companies, and The Carlyle Group are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of publicly traded companies that use technology—such as mobile apps, artificial intelligence, blockchain, and cloud computing—to deliver or improve financial services like payments, lending, wealth management, and insurance. Investors buy fintech stocks to gain exposure to the potential growth and innovation in digital banking, peer-to-peer lending platforms, payment processors, and other tech-driven financial solutions. 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 down $6.09 during trading hours on Thursday, reaching $2,544.62. The company's stock had a trading volume of 161,320 shares, compared to its average volume of 382,296. The business's 50-day moving average is $2,217.71 and its 200-day moving average is $2,030.61. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22. MercadoLibre has a one year low of $1,550.00 and a one year high of $2,635.88. The company has a market cap of $129.00 billion, a price-to-earnings ratio of 67.50, a price-to-earnings-growth ratio of 1.12 and a beta of 1.61.
Read Our Latest Research Report on MELI
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 RKT stock traded up $0.18 during mid-day trading on Thursday, reaching $13.05. The company's stock had a trading volume of 7,219,867 shares, compared to its average volume of 5,663,643. The firm's 50-day moving average is $12.70 and its two-hundred day moving average is $12.83. The company has a debt-to-equity ratio of 1.51, a quick ratio of 15.47 and a current ratio of 15.47. The company has a market cap of $26.11 billion, a P/E ratio of -81.59 and a beta of 2.33. Rocket Companies has a 1-year low of $10.06 and a 1-year high of $21.38.
Read Our Latest Research Report on RKT
The 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.
Shares of The Carlyle Group stock traded up $0.13 during trading on Thursday, reaching $45.88. The company's stock had a trading volume of 1,974,748 shares, compared to its average volume of 2,653,144. The stock has a 50-day moving average price of $41.16 and a two-hundred day moving average price of $47.56. The Carlyle Group has a one year low of $33.02 and a one year high of $57.50. The stock has a market capitalization of $16.57 billion, a P/E ratio of 16.50, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42.
Read Our Latest Research Report on CG
Further Reading
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