Invesco QQQ, SoFi Technologies, and PayPal are the three Bank stocks to watch today, according to MarketBeat's stock screener tool. Bank stocks are equity shares of publicly traded banking institutions that give investors an ownership stake, voting rights, and entitlement to dividends. Their performance is closely tied to factors such as interest rate movements, loan quality, regulatory changes, and overall economic conditions. These companies had the highest dollar trading volume of any Bank stocks within the last several days.
Invesco QQQ (QQQ)
PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.
QQQ stock traded down $0.15 during midday trading on Tuesday, hitting $567.99. The stock had a trading volume of 24,141,866 shares, compared to its average volume of 44,501,848. The company's 50-day moving average price is $540.06 and its 200 day moving average price is $509.18. Invesco QQQ has a 12-month low of $402.39 and a 12-month high of $572.11.
Read Our Latest Research Report on QQQ
SoFi Technologies (SOFI)
SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.
Shares of SOFI stock traded up $2.96 on Tuesday, reaching $23.98. 147,813,097 shares of the stock were exchanged, compared to its average volume of 58,686,559. The firm has a 50 day moving average of $16.88 and a two-hundred day moving average of $14.66. The stock has a market cap of $26.51 billion, a P/E ratio of 58.49, a price-to-earnings-growth ratio of 3.58 and a beta of 1.91. The company has a quick ratio of 0.14, a current ratio of 0.80 and a debt-to-equity ratio of 0.46. SoFi Technologies has a 1-year low of $6.01 and a 1-year high of $25.11.
Read Our Latest Research Report on SOFI
PayPal (PYPL)
PayPal Holdings, Inc. operates a technology platform that enables digital payments on behalf of merchants and consumers worldwide. It operates a two-sided network at scale that connects merchants and consumers that enables its customers to connect, transact, and send and receive payments through online and in person, as well as transfer and withdraw funds using various funding sources, such as bank accounts, PayPal or Venmo account balance, PayPal and Venmo branded credit products comprising its installment products, credit and debit cards, and cryptocurrencies, as well as other stored value products, including gift cards and eligible rewards.
NASDAQ PYPL traded down $6.49 during mid-day trading on Tuesday, hitting $71.73. The company's stock had a trading volume of 27,608,969 shares, compared to its average volume of 11,021,813. The stock's fifty day simple moving average is $73.31 and its two-hundred day simple moving average is $72.69. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.30 and a quick ratio of 1.30. PayPal has a 52-week low of $55.85 and a 52-week high of $93.66. The firm has a market capitalization of $69.76 billion, a P/E ratio of 16.04, a price-to-earnings-growth ratio of 1.28 and a beta of 1.45.
Read Our Latest Research Report on PYPL
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