Mid Cap Stocks To Follow Now - November 12th

Key Points

• Seven mid-cap stocks flagged for unusually high recent trading volume were IREN, American Airlines, Twist Bioscience, CareTrust REIT, Corteva, Applied Optoelectronics, and TeraWulf.
• All seven were lower in Thursday trading. IREN fell to $19.15, while Twist Bioscience dropped to $113.04 and Applied Optoelectronics to $53.35; several stocks also showed high beta, signaling elevated volatility.
• The article notes mid-caps may offer more growth potential than large-cap stocks, but generally come with greater volatility and risk.

IREN, American Airlines Group, Twist Bioscience, CareTrust REIT, Corteva, Applied Optoelectronics, and TeraWulf are the seven Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of companies with a medium-sized market value, generally falling between small-cap and large-cap stocks, though exact size ranges vary by index or market. Investors may view them as offering more growth potential than large-cap stocks, while often carrying more volatility and risk. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

IREN (IREN)

IREN Limited, formerly known as Iris Energy Limited, owns and operates bitcoin mining data centers. The company was incorporated in 2018 and is headquartered in Sydney, Australia.

IREN traded down $1.69 during trading on Thursday, hitting $19.15. 54,052,941 shares of the stock traded hands, compared to its average volume of 45,145,602. The business has a 50 day moving average price of $34.92 and a 200 day moving average price of $43.10. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.60 and a quick ratio of 1.60. IREN has a twelve month low of $17.16 and a twelve month high of $70.71. The company has a market cap of $7.55 billion, a price-to-earnings ratio of -4.71 and a beta of 4.33.

Read Our Latest Research Report on IREN

American Airlines Group (AAL)

American Airlines Group Inc., through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C., as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.

Shares of AAL stock traded down $0.66 during trading hours on Thursday, reaching $13.45. The company's stock had a trading volume of 41,509,435 shares, compared to its average volume of 76,432,711. American Airlines Group has a fifty-two week low of $10.09 and a fifty-two week high of $18.79. The firm's 50 day simple moving average is $12.93 and its 200-day simple moving average is $13.50. The company has a market capitalization of $8.91 billion, a price-to-earnings ratio of -18.38 and a beta of 1.45.

Read Our Latest Research Report on AAL

Twist Bioscience (TWST)

Twist Bioscience Corporation engages in the manufacture and sale of synthetic DNA-based products. The company offers synthetic genes and gene fragments used in product development for therapeutics, diagnostics, chemicals/materials, food/agriculture, data storage, and various applications within academic research by biotech, pharma, industrial chemical, and agricultural companies, as well as academic labs; Oligo pools used in targeted NGS, CRISPR gene editing, mutagenesis experiments, DNA origami, DNA computing, data storage in DNA, and other applications; and immunoglobulin G proteins for customers focused on the pursuit of drug discovery and development.

Shares of Twist Bioscience stock traded down $9.55 during trading on Thursday, reaching $113.04. 3,948,701 shares of the company's stock were exchanged, compared to its average volume of 1,782,268. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.38 and a current ratio of 2.67. Twist Bioscience has a 1-year low of $23.30 and a 1-year high of $219.71. The company has a market cap of $7.09 billion, a P/E ratio of -51.05 and a beta of 2.25. The firm's 50-day moving average price is $150.90 and its 200 day moving average price is $92.37.

Read Our Latest Research Report on TWST

CareTrust REIT (CTRE)

NYSE:CTRE traded down $0.46 during trading hours on Thursday, hitting $38.15. The company's stock had a trading volume of 11,126,799 shares, compared to its average volume of 2,589,742. CareTrust REIT has a twelve month low of $34.74 and a twelve month high of $43.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 3.08 and a quick ratio of 3.08. The stock has a fifty day simple moving average of $37.25 and a 200-day simple moving average of $39.01. The company has a market capitalization of $9.83 billion, a P/E ratio of 24.01, a PEG ratio of 1.38 and a beta of 0.77.

Read Our Latest Research Report on CTRE

Corteva (CTVA)

Corteva, Inc. operates in the agriculture business. It operates through two segments, Seed and Crop Protection. The Seed segment develops and supplies advanced germplasm and traits that produce optimum yield for farms. It offers trait technologies that enhance resistance to weather, disease, insects, and herbicides used to control weeds, as well as food and nutritional characteristics.

NYSE CTVA traded down $2.38 during trading on Thursday, hitting $9.76. 43,018,034 shares of the company's stock were exchanged, compared to its average volume of 8,187,384. The company has a market cap of $6.51 billion, a PE ratio of 6.46, a P/E/G ratio of 1.70 and a beta of 0.58. The company has a current ratio of 1.52, a quick ratio of 1.10 and a debt-to-equity ratio of 0.07. Corteva has a fifty-two week low of $9.14 and a fifty-two week high of $90.97. The stock's 50 day moving average price is $40.43 and its two-hundred day moving average price is $70.20.

Read Our Latest Research Report on CTVA

Applied Optoelectronics (AAOI)

Applied Optoelectronics, Inc. designs, manufactures, and sells fiber-optic networking products in the United States, Taiwan, and China. It offers optical modules, optical filters, lasers, laser components, subassemblies, transmitters and transceivers, turn-key equipment, headend, node, distribution equipment, and amplifiers.

Shares of AAOI traded down $2.51 during mid-day trading on Thursday, reaching $53.35. The company had a trading volume of 7,477,031 shares, compared to its average volume of 10,675,047. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of -124.45 and a beta of 4.04. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.77 and a current ratio of 2.34. The company's 50 day simple moving average is $89.74 and its 200 day simple moving average is $113.47. Applied Optoelectronics has a 1-year low of $18.50 and a 1-year high of $233.67.

Read Our Latest Research Report on AAOI

TeraWulf (WULF)

WULF stock traded down $0.34 during trading on Thursday, reaching $13.03. 29,333,264 shares of the company were exchanged, compared to its average volume of 33,565,871. The company has a 50-day moving average of $14.08 and a two-hundred day moving average of $17.94. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of -3.99 and a beta of 4.00. TeraWulf has a twelve month low of $9.51 and a twelve month high of $29.84. The company has a debt-to-equity ratio of 5.35, a current ratio of 0.97 and a quick ratio of 0.75.

Read Our Latest Research Report on WULF

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