Robinhood Markets, Coca-Cola, Newmont, Freeport-McMoRan, and Cadence Design Systems are the five Gold stocks to watch today, according to MarketBeat's stock screener tool. Gold stocks are shares of companies involved in the exploration, mining, processing or sale of gold. Their market value typically tracks the price of gold but also reflects company-specific factors such as production costs, reserve size and management efficiency. Investors use gold stocks to gain exposure to the metal’s upside potential—often as a hedge against inflation and currency risk—while also accepting the operational and market risks unique to each firm. These companies had the highest dollar trading volume of any Gold 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.
Shares of HOOD traded up $1.08 during midday trading on Friday, hitting $61.76. The stock had a trading volume of 23,851,695 shares, compared to its average volume of 26,289,986. The company has a 50 day simple moving average of $45.27 and a two-hundred day simple moving average of $43.65. Robinhood Markets has a twelve month low of $13.98 and a twelve month high of $66.91. The firm has a market cap of $54.69 billion, a price-to-earnings ratio of 39.34, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15.
Read Our Latest Research Report on HOOD
Coca-Cola (KO)
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.
Shares of KO traded up $0.40 during midday trading on Friday, hitting $72.01. The stock had a trading volume of 18,402,515 shares, compared to its average volume of 15,667,702. The company has a 50 day simple moving average of $70.88 and a two-hundred day simple moving average of $66.77. Coca-Cola has a twelve month low of $60.62 and a twelve month high of $74.38. The firm has a market cap of $309.93 billion, a price-to-earnings ratio of 29.15, a price-to-earnings-growth ratio of 3.79 and a beta of 0.47. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.03 and a quick ratio of 0.84.
Read Our Latest Research Report on KO
Newmont (NEM)
Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.
Shares of NEM traded up $0.25 during midday trading on Friday, hitting $50.09. The stock had a trading volume of 11,569,698 shares, compared to its average volume of 10,070,236. The company has a 50 day simple moving average of $50.33 and a two-hundred day simple moving average of $44.97. Newmont has a twelve month low of $36.86 and a twelve month high of $58.72. The firm has a market cap of $55.75 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 0.41 and a beta of 0.31. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.96 and a quick ratio of 1.73.
Read Our Latest Research Report on NEM
Freeport-McMoRan (FCX)
Freeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.
Shares of FCX traded down $0.46 during midday trading on Friday, hitting $38.01. The stock had a trading volume of 13,547,607 shares, compared to its average volume of 13,630,327. The company has a 50 day simple moving average of $36.51 and a two-hundred day simple moving average of $38.90. Freeport-McMoRan has a twelve month low of $27.66 and a twelve month high of $55.24. The firm has a market cap of $54.63 billion, a price-to-earnings ratio of 29.47, a price-to-earnings-growth ratio of 0.87 and a beta of 1.65. The company has a debt-to-equity ratio of 0.31, a current ratio of 2.42 and a quick ratio of 1.18.
Read Our Latest Research Report on FCX
Cadence Design Systems (CDNS)
Cadence Design Systems, Inc. provides software, hardware, services, and reusable integrated circuit (IC) design blocks worldwide. The company offers functional verification services, including emulation and prototyping hardware. Its functional verification offering consists of JasperGold, a formal verification platform; Xcelium, a parallel logic simulation platform; Palladium, an enterprise emulation platform; and Protium, a prototyping platform for chip verification.
Shares of NASDAQ CDNS traded up $2.79 during mid-day trading on Friday, hitting $321.56. The company had a trading volume of 1,574,219 shares, compared to its average volume of 1,977,456. The company has a market capitalization of $87.80 billion, a PE ratio of 83.31, a price-to-earnings-growth ratio of 3.88 and a beta of 1.04. The firm has a 50-day simple moving average of $272.16 and a two-hundred day simple moving average of $286.52. The company has a current ratio of 2.93, a quick ratio of 2.27 and a debt-to-equity ratio of 0.53. Cadence Design Systems has a one year low of $221.56 and a one year high of $328.99.
Read Our Latest Research Report on CDNS
Further Reading
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