Promising Blockchain Stocks To Follow Now - May 1st

Oracle, Riot Platforms, and Applied Digital are the three Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Error: Response status code does not indicate success: 429 (Too Many Requests). These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Shares of Oracle stock traded up $6.13 on Thursday, reaching $146.85. 5,239,696 shares of the stock were exchanged, compared to its average volume of 9,361,183. The firm has a market capitalization of $410.74 billion, a price-to-earnings ratio of 36.01, a PEG ratio of 3.46 and a beta of 1.22. The business has a 50 day moving average price of $144.46 and a two-hundred day moving average price of $164.27. The company has a quick ratio of 0.81, a current ratio of 0.81 and a debt-to-equity ratio of 5.65. Oracle has a twelve month low of $113.65 and a twelve month high of $198.31.

Read Our Latest Research Report on ORCL

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

NASDAQ RIOT traded up $0.66 during mid-day trading on Thursday, hitting $7.90. The stock had a trading volume of 18,545,840 shares, compared to its average volume of 25,572,598. Riot Platforms has a twelve month low of $6.19 and a twelve month high of $15.87. The stock has a market capitalization of $2.77 billion, a price-to-earnings ratio of 18.36 and a beta of 4.60. The firm's 50 day moving average is $7.67 and its 200 day moving average is $10.29.

Read Our Latest Research Report on RIOT

Applied Digital (APLD)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

Shares of Applied Digital stock traded up $0.65 on Thursday, hitting $5.19. The stock had a trading volume of 20,899,106 shares, compared to its average volume of 28,747,508. Applied Digital has a 52-week low of $2.92 and a 52-week high of $12.48. The company's 50 day moving average price is $6.00 and its 200 day moving average price is $7.61. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.22. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of -3.00 and a beta of 5.18.

Read Our Latest Research Report on APLD

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.