Bitfarms, Galaxy Digital, and Digi Power X are the three Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose businesses or financial holdings are significantly tied to cryptocurrencies, such as crypto exchanges, mining firms, or companies that hold digital assets. They let stock market investors gain exposure to the crypto industry through conventional shares, but their prices can still be affected by cryptocurrency volatility and company-specific factors. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.
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 down $0.12 during trading on Friday, reaching $1.95. The company's stock had a trading volume of 20,436,673 shares, compared to its average volume of 47,548,239. The company has a quick ratio of 3.14, a current ratio of 3.20 and a debt-to-equity ratio of 0.11. The company's fifty day moving average is $2.96 and its 200-day moving average is $3.41. The company has a market capitalization of $1.18 billion, a P/E ratio of -8.48 and a beta of 3.77. Bitfarms has a 1 year low of $0.70 and a 1 year high of $6.60.
Read Our Latest Research Report on BITF
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.
Shares of NASDAQ GLXY traded down $0.82 during mid-day trading on Friday, reaching $14.36. The company's stock had a trading volume of 1,873,917 shares, compared to its average volume of 6,584,006. The company has a debt-to-equity ratio of 2.11, a current ratio of 1.70 and a quick ratio of 1.50. Galaxy Digital has a 52 week low of $11.78 and a 52 week high of $36.10. The stock has a fifty day moving average of $20.15 and a two-hundred day moving average of $23.47. The firm has a market capitalization of $5.61 billion, a PE ratio of -14.36 and a beta of 5.38.
Read Our Latest Research Report on GLXY
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.
NASDAQ DGXX traded up $0.06 during trading hours on Friday, reaching $2.27. The company's stock had a trading volume of 4,129,146 shares, compared to its average volume of 5,040,604. Digi Power X has a 1 year low of $1.77 and a 1 year high of $9.20. The company has a market capitalization of $230.48 million, a price-to-earnings ratio of -4.21 and a beta of 6.31. The firm's 50-day moving average price is $3.17 and its 200-day moving average price is $3.91.
Read Our Latest Research Report on DGXX
See Also
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