Rocket Companies, MercadoLibre, WEX, Carlyle Group, and UP Fintech are the five Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of publicly traded companies that leverage technology to deliver or enhance financial services, such as digital payments, online lending, robo-advisory and blockchain-based solutions. Investors buy these stocks to tap into the growth potential driven by the digitization of banking and finance, while bearing risks tied to evolving regulations, cybersecurity and competitive innovation. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.
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.
RKT traded down $1.13 during midday trading on Thursday, reaching $15.08. 19,174,980 shares of the company were exchanged, compared to its average volume of 11,380,084. Rocket Companies has a one year low of $10.06 and a one year high of $21.38. The company has a debt-to-equity ratio of 1.37, a quick ratio of 12.62 and a current ratio of 12.62. The stock has a market capitalization of $30.16 billion, a P/E ratio of -503.50 and a beta of 2.28. The stock's 50-day simple moving average is $13.65 and its 200 day simple moving average is $13.09.
Read Our Latest Research Report on RKT
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.
MercadoLibre stock traded down $1.89 during midday trading on Thursday, reaching $2,392.54. The stock had a trading volume of 100,752 shares, compared to its average volume of 394,237. The firm's fifty day simple moving average is $2,484.25 and its 200-day simple moving average is $2,193.98. MercadoLibre has a 1-year low of $1,579.78 and a 1-year high of $2,645.22. The stock has a market capitalization of $121.29 billion, a P/E ratio of 58.79, a price-to-earnings-growth ratio of 1.42 and a beta of 1.49. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.18 and a current ratio of 1.20.
Read Our Latest Research Report on MELI
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.
Shares of NYSE:WEX traded up $12.97 during trading on Thursday, hitting $176.37. 982,451 shares of the company were exchanged, compared to its average volume of 732,938. The stock has a market cap of $6.04 billion, a price-to-earnings ratio of 22.76, a P/E/G ratio of 2.48 and a beta of 1.23. WEX has a fifty-two week low of $110.45 and a fifty-two week high of $217.47. The firm has a fifty day moving average price of $143.84 and a two-hundred day moving average price of $149.13. The company has a current ratio of 1.05, a quick ratio of 1.05 and a debt-to-equity ratio of 5.06.
Read Our Latest Research Report on WEX
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 CG stock traded up $1.50 during trading on Thursday, reaching $62.55. 1,995,566 shares of the company's stock were exchanged, compared to its average volume of 2,855,788. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 1.56. The stock has a market capitalization of $22.59 billion, a PE ratio of 21.22, a PEG ratio of 1.16 and a beta of 1.86. Carlyle Group has a twelve month low of $33.02 and a twelve month high of $62.92. The firm's fifty day moving average price is $50.15 and its 200-day moving average price is $47.38.
Read Our Latest Research Report on CG
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 TIGR stock traded down $0.41 during trading on Thursday, reaching $10.91. 6,054,917 shares of the company's stock were exchanged, compared to its average volume of 6,229,283. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $2.01 billion, a PE ratio of 24.28, a PEG ratio of 1.00 and a beta of 0.67. UP Fintech has a twelve month low of $3.36 and a twelve month high of $14.48. The firm's fifty day moving average price is $9.14 and its 200-day moving average price is $8.16.
Read Our Latest Research Report on TIGR
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