Fintech Stocks To Watch Now - November 11th

Key Points

• Five fintech stocks highlighted by MarketBeat’s screen for high recent dollar trading volume: Rocket Companies (RKT), Kaspi.kz (KSPI), UP Fintech (TIGR), Wealthfront (WLTH), and IDT (IDT).
• The companies span mortgage and lending, payments and marketplaces, online brokerage, digital wealth management, and merchant payment services.
• In Wednesday trading, RKT slipped to $14.38, while KSPI, TIGR, WLTH, and IDT rose to $89.41, $4.04, $11.03, and $83.35, respectively. IDT was near its 12-month high of $84.56; TIGR remained far below its 12-month high of $11.35.

Rocket Companies, Joint Stock Company Kaspi.kz, UP Fintech, Wealthfront, and IDT are the five Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of publicly traded companies that use technology to provide or improve financial services, such as digital payments, online lending, and banking software. For investors, they offer exposure to the growth of technology-driven finance, but their performance can be affected by competition, regulation, and market volatility. 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.

NYSE:RKT traded down $0.07 on Wednesday, hitting $14.38. The stock had a trading volume of 13,492,041 shares, compared to its average volume of 30,801,777. The company has a fifty day moving average price of $12.46 and a two-hundred day moving average price of $14.48. Rocket Companies has a 1-year low of $10.18 and a 1-year high of $24.36. The company has a quick ratio of 3.77, a current ratio of 3.77 and a debt-to-equity ratio of 1.02. The stock has a market cap of $40.80 billion, a price-to-earnings ratio of 31.97, a PEG ratio of 4.59 and a beta of 2.27.

Read Our Latest Research Report on RKT

Joint Stock Company Kaspi.kz (KSPI)

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.

Shares of NASDAQ KSPI traded up $1.50 during midday trading on Wednesday, reaching $89.41. 249,784 shares of the stock were exchanged, compared to its average volume of 517,833. The stock has a market capitalization of $16.99 billion, a P/E ratio of 8.14 and a beta of 1.07. The company has a 50 day simple moving average of $95.43 and a 200 day simple moving average of $86.88. Joint Stock Company Kaspi.kz has a twelve month low of $68.59 and a twelve month high of $109.94.

Read Our Latest Research Report on KSPI

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.

TIGR traded up $0.14 during trading hours on Wednesday, reaching $4.04. The company's stock had a trading volume of 1,508,232 shares, compared to its average volume of 3,076,836. UP Fintech has a fifty-two week low of $3.61 and a fifty-two week high of $11.35. The stock has a market cap of $767.34 million, a PE ratio of 6.84 and a beta of 0.65. The business's 50-day moving average is $4.41 and its 200-day moving average is $5.69. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.10 and a quick ratio of 1.10.

Read Our Latest Research Report on TIGR

Wealthfront (WLTH)

We’re a different kind of FinTech. We are a technology company that built a financial solutions platform for “digital natives,” defined as those born after 1980 (i.e., Millennials, Gen Z, and later generations). Our platform is designed to address the needs of the wealth builders within these generations.

Wealthfront stock traded up $0.10 during mid-day trading on Wednesday, hitting $11.03. The company's stock had a trading volume of 518,501 shares, compared to its average volume of 1,795,757. The stock's fifty day moving average is $10.38 and its two-hundred day moving average is $9.71. The firm has a market capitalization of $1.72 billion and a PE ratio of -11.86. Wealthfront has a 1 year low of $7.20 and a 1 year high of $14.88.

Read Our Latest Research Report on WLTH

IDT (IDT)

IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates through Fintech, National Retail Solutions, net2phone, and Traditional Communications segments. The company operates point of sale, a terminal-based platform which provides independent retailers store management software, electronic payment processing, and other ancillary merchant services; and provides marketers with digital out-of-home advertising and transaction data.

NYSE:IDT traded up $0.13 on Wednesday, reaching $83.35. The company's stock had a trading volume of 63,723 shares, compared to its average volume of 190,857. IDT has a 12-month low of $46.48 and a 12-month high of $84.56. The stock has a 50 day moving average price of $76.77 and a 200 day moving average price of $60.55. The firm has a market cap of $2.07 billion, a price-to-earnings ratio of 24.02 and a beta of 0.54.

Read Our Latest Research Report on IDT

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