Cryptocurrency Stocks To Follow Today - November 12th

Key Points

• MarketBeat highlighted seven cryptocurrency-related stocks based on recent dollar trading volume: Galaxy Digital, Bitfarms, HIVE Digital Technologies, Ionic Digital, Digi Power X, Soluna and ZenaTech.
• In Thursday trading, six of the seven stocks declined; Bitfarms was the exception, rising $0.16 to $2.07. Galaxy Digital fell $0.64 to $15.33.
• The companies span crypto mining and digital infrastructure, while ZenaTech also develops enterprise software and drone technology—so the list includes businesses with differing levels of exposure to crypto markets.

Galaxy Digital, Bitfarms, HIVE Digital Technologies, Ionic Digital, Digi Power X, Soluna, and ZenaTech are the seven Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose business or financial results are significantly tied to cryptocurrencies or related technology. Examples include crypto-mining firms, exchanges, and companies that hold substantial cryptocurrency, so their stock prices may be affected by crypto-market movements. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

Galaxy Digital (GLXY)

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.

GLXY traded down $0.64 on Thursday, hitting $15.33. The company had a trading volume of 4,441,918 shares, compared to its average volume of 6,581,646. The company has a market cap of $5.99 billion, a PE ratio of -15.35 and a beta of 5.38. Galaxy Digital has a 12-month low of $11.78 and a 12-month high of $36.10. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 1.04. The business's fifty day simple moving average is $20.33 and its 200 day simple moving average is $23.56.

Read Our Latest Research Report on GLXY

Bitfarms (BITF)

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.

BITF stock traded up $0.16 during midday trading on Thursday, reaching $2.07. 21,078,822 shares of the company traded hands, compared to its average volume of 47,548,239. Bitfarms has a 52-week low of $0.70 and a 52-week high of $6.60. The company has a debt-to-equity ratio of 0.11, a quick ratio of 3.14 and a current ratio of 3.20. The business has a 50 day moving average of $2.98 and a 200-day moving average of $3.41. The firm has a market capitalization of $1.25 billion, a price-to-earnings ratio of -9.00 and a beta of 3.77.

Read Our Latest Research Report on BITF

HIVE Digital Technologies (HIVE)

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.

Shares of HIVE Digital Technologies stock traded down $0.08 on Thursday, reaching $1.67. The company had a trading volume of 4,519,074 shares, compared to its average volume of 17,734,279. The firm has a market cap of $462.96 million, a price-to-earnings ratio of -1.11 and a beta of 3.76. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.55 and a quick ratio of 1.96. The firm's 50-day moving average price is $2.54 and its two-hundred day moving average price is $2.78. HIVE Digital Technologies has a 1 year low of $1.58 and a 1 year high of $5.34.

Read Our Latest Research Report on HIVE

Ionic Digital (IOND)

Ionic Digital is a digital infrastructure solutions and cryptocurrency mining company. We began as a pure-play cryptocurrency mining company when we were formed in January 2024 to acquire all of the cryptocurrency mining assets of Celsius Mining. From our inception, our core objective has been to monetize our portfolio of powered digital infrastructure assets.

Shares of NASDAQ IOND traded down $1.10 during trading hours on Thursday, hitting $65.53. 82,192 shares of the company traded hands, compared to its average volume of 662,848. The firm's 50 day moving average is $74.15. Ionic Digital has a 12 month low of $50.00 and a 12 month high of $89.36. The company has a market capitalization of $2.95 billion and a PE ratio of -71.90.

Read Our Latest Research Report on IOND

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.

DGXX traded down $0.05 during trading on Thursday, reaching $2.23. The company had a trading volume of 929,993 shares, compared to its average volume of 5,037,635. The stock has a market cap of $226.22 million, a P/E ratio of -4.14 and a beta of 6.31. The business has a 50 day simple moving average of $3.20 and a 200-day simple moving average of $3.91. Digi Power X has a 52 week low of $1.77 and a 52 week high of $9.20.

Read Our Latest Research Report on DGXX

Soluna (SLNH)

Soluna Holdings, Inc. together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.

SLNH stock traded down $0.03 during mid-day trading on Thursday, reaching $0.55. 1,315,443 shares of the stock traded hands, compared to its average volume of 11,948,032. The company has a debt-to-equity ratio of 0.02, a quick ratio of 2.06 and a current ratio of 2.06. Soluna has a one year low of $0.45 and a one year high of $2.35. The stock has a market capitalization of $135.93 million, a PE ratio of -0.49 and a beta of 5.07. The business has a 50-day moving average price of $0.90 and a two-hundred day moving average price of $1.13.

Read Our Latest Research Report on SLNH

ZenaTech (ZENA)

ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.

Shares of ZENA traded down $0.03 during midday trading on Thursday, hitting $0.65. The stock had a trading volume of 518,406 shares, compared to its average volume of 2,585,342. The stock's 50 day moving average is $1.20 and its 200 day moving average is $1.81. The firm has a market cap of $130.15 million, a PE ratio of -0.44 and a beta of 7.52. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.72 and a quick ratio of 1.59. ZenaTech has a 1 year low of $0.58 and a 1 year high of $5.17.

Read Our Latest Research Report on ZENA

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