Core Scientific, Figure Technology Solutions, and Bitdeer Technologies Group are the three Blockchain stocks to watch today, according to MarketBeat's stock screener tool. “Blockchain stocks” are shares of publicly traded companies whose businesses are involved in blockchain technology, such as developing blockchain software, operating crypto exchanges, or mining digital assets. They give stock market investors exposure to blockchain-related businesses, but they are company shares—not cryptocurrencies—and their value can be affected by both business performance and volatility in the crypto sector. 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.
Shares of CORZ traded up $0.14 during trading hours on Friday, hitting $14.52. The stock had a trading volume of 19,998,097 shares, compared to its average volume of 17,799,004. The firm has a 50-day moving average price of $15.39 and a 200 day moving average price of $19.36. Core Scientific has a fifty-two week low of $10.59 and a fifty-two week high of $30.46. The firm has a market capitalization of $4.68 billion, a price-to-earnings ratio of -4.16 and a beta of 5.56.
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 FIGR stock traded down $0.45 during mid-day trading on Friday, hitting $25.22. 3,826,358 shares of the stock were exchanged, compared to its average volume of 5,504,221. The company has a market cap of $4.68 billion, a PE ratio of 26.55, a price-to-earnings-growth ratio of 0.39 and a beta of 0.94. Figure Technology Solutions has a 52-week low of $19.54 and a 52-week high of $78.00. 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 firm has a fifty day moving average of $28.34 and a 200 day moving average of $32.44.
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.
Shares of Bitdeer Technologies Group stock traded down $0.53 on Friday, reaching $5.60. The company's stock had a trading volume of 11,090,505 shares, compared to its average volume of 10,950,614. The company has a quick ratio of 1.01, a current ratio of 0.82 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $1.27 billion, a P/E ratio of -2.50 and a beta of 2.72. The stock has a 50-day moving average price of $9.33 and a 200-day moving average price of $11.31. Bitdeer Technologies Group has a 52-week low of $5.03 and a 52-week high of $20.72.
Read Our Latest Research Report on BTDR
Featured Articles
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.
Before you consider Core Scientific, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Core Scientific wasn't on the list.
While Core Scientific currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
AI spending is reshaping the market, and the opportunity extends far beyond the biggest chipmakers. Discover 10 stocks set to benefit from powerful trends in AI infrastructure, cloud computing, energy, capital returns, and consumer growth this fall.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.