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Blockchain Stocks To Add to Your Watchlist - November 9th

Core Scientific logo with Technology background
Image from MarketBeat Media, LLC.

Key Points

  • MarketBeat’s blockchain-stock watchlist names Core Scientific, Figure Technology Solutions, Bitdeer Technologies Group, Globant and Digi Power X, selected for their recent dollar trading volume.
  • The companies offer different kinds of blockchain exposure, from cryptocurrency mining and mining infrastructure to blockchain-based financial services and technology consulting.
  • All five shares rose on Monday, but each traded below its 50-day and 200-day moving averages; several also remain far below their 52-week highs, highlighting substantial volatility.
  • Interested in Core Scientific? Here are five stocks we like better.

Core Scientific, Figure Technology Solutions, Bitdeer Technologies Group, Globant, and Digi Power X are the five Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of publicly traded companies whose businesses involve blockchain technology, such as developing blockchain platforms, providing related services, or holding digital assets. For investors, they offer indirect exposure to the blockchain industry, but their prices can also be affected by broader business performance and cryptocurrency-market volatility. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

NASDAQ CORZ traded up $0.77 on Monday, reaching $12.53. The stock had a trading volume of 4,953,927 shares, compared to its average volume of 13,025,080. The company has a market cap of $4.02 billion, a P/E ratio of -3.58 and a beta of 5.56. The firm has a fifty day moving average of $15.68 and a two-hundred day moving average of $19.48. Core Scientific has a 1-year low of $10.59 and a 1-year high of $30.46.

Read Our Latest Research Report on CORZ

Figure Technology Solutions (FIGR)

Figure is building the future of capital markets using blockchain-based technology. Figure’s proprietary technology powers next-generation lending, trading and investing activities in areas such as consumer credit and digital assets. Our application of the blockchain ledger allows us to better serve our end-customers, improve speed and efficiency, and enhance standardization and liquidity.

Shares of Figure Technology Solutions stock traded up $0.99 during trading on Monday, reaching $23.72. The company's stock had a trading volume of 1,471,091 shares, compared to its average volume of 4,668,857. The company has a quick ratio of 1.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.22. The business's 50-day moving average price is $29.39 and its 200-day moving average price is $33.44. Figure Technology Solutions has a 52 week low of $19.54 and a 52 week high of $78.00. The firm has a market cap of $4.40 billion, a PE ratio of 25.50, a P/E/G ratio of 0.34 and a beta of 0.94.

Read Our Latest Research Report on FIGR

Bitdeer Technologies Group (BTDR)

Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.

NASDAQ:BTDR traded up $0.51 during mid-day trading on Monday, reaching $6.51. 3,653,919 shares of the company's stock were exchanged, compared to its average volume of 9,736,880. Bitdeer Technologies Group has a one year low of $5.03 and a one year high of $23.30. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.01 and a current ratio of 1.01. The business's fifty day simple moving average is $9.78 and its two-hundred day simple moving average is $11.51. The firm has a market capitalization of $1.48 billion, a PE ratio of -2.12 and a beta of 2.72.

Read Our Latest Research Report on BTDR

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

Shares of NYSE:GLOB traded up $0.10 on Monday, reaching $47.51. 259,578 shares of the company's stock were exchanged, compared to its average volume of 1,540,370. Globant has a twelve month low of $27.56 and a twelve month high of $72.10. The company has a fifty day moving average of $39.48 and a 200-day moving average of $41.92. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 18.64, a PEG ratio of 6.03 and a beta of 0.86. The company has a current ratio of 1.84, a quick ratio of 1.84 and a debt-to-equity ratio of 0.19.

Read Our Latest Research Report on GLOB

Digi Power X (DGXX)

Digihost Technology Inc. operates as a blockchain technology company that focuses on digital currency mining in the United States. It mines for cryptocurrency. The company was incorporated in 2017 and is headquartered in Toronto, Canada.

Shares of DGXX stock traded up $0.18 during trading on Monday, hitting $2.27. The company had a trading volume of 1,034,826 shares, compared to its average volume of 5,074,764. The firm has a market capitalization of $230.69 million, a P/E ratio of -4.20 and a beta of 6.31. Digi Power X has a one year low of $1.77 and a one year high of $9.20. The stock's 50-day moving average price is $3.28 and its 200 day moving average price is $3.92.

Read Our Latest Research Report on DGXX

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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