Free Trial

Promising Cryptocurrency Stocks To Add to Your Watchlist - May 27th

Robinhood Markets logo with Finance background

Robinhood Markets, ZenaTech, Galaxy Digital, Bitdeer Technologies Group, and Bitfarms are the five Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose primary business involves digital assets and blockchain technology—such as miners, crypto exchanges, payment processors, or firms holding large reserves of Bitcoin or other coins. By buying these equities, investors gain indirect exposure to the growth (or decline) of the cryptocurrency market without owning tokens outright. Like any stock, their prices reflect both the underlying company’s performance and broader market or regulatory sentiment toward digital currencies. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Shares of NASDAQ:HOOD traded up $3.23 during trading on Tuesday, reaching $66.40. 18,565,557 shares of the company's stock traded hands, compared to its average volume of 26,482,834. Robinhood Markets has a fifty-two week low of $13.98 and a fifty-two week high of $67.10. The firm has a market cap of $58.79 billion, a PE ratio of 42.23, a P/E/G ratio of 1.05 and a beta of 2.15. The company has a 50-day simple moving average of $48.17 and a 200-day simple moving average of $45.34.

Read Our Latest Research Report on HOOD

ZenaTech (ZENA)

ZenaTech, Inc., an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.

Shares of NASDAQ ZENA traded up $0.34 during trading on Tuesday, hitting $2.84. 22,199,288 shares of the company were exchanged, compared to its average volume of 3,136,168. ZenaTech has a 12-month low of $1.41 and a 12-month high of $12.43. The company has a fifty day moving average price of $2.35 and a 200-day moving average price of $4.27.

Read Our Latest Research Report on ZENA

Galaxy Digital (GLXY)

Galaxy Digital Holdings Ltd. is a financial services and an investment management company, which engages in the digital asset, cryptocurrency, and block chain technology sectors. It operates through the following segments: Trading, Principal Investment, Asset Management, Investment Banking, Mining, and Corporate & Other.

NASDAQ GLXY traded down $0.70 on Tuesday, reaching $22.25. The stock had a trading volume of 1,803,828 shares, compared to its average volume of 3,191,936. Galaxy Digital has a 12-month low of $21.03 and a 12-month high of $26.60.

Read Our Latest Research Report on GLXY

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.

NASDAQ:BTDR traded up $0.47 during trading hours on Tuesday, hitting $14.93. The company's stock had a trading volume of 2,061,963 shares, compared to its average volume of 4,908,769. The stock has a market capitalization of $1.67 billion, a P/E ratio of -28.58 and a beta of 2.24. The stock has a fifty day moving average of $10.59 and a 200-day moving average of $14.29. Bitdeer Technologies Group has a 52-week low of $5.40 and a 52-week high of $26.99.

Read Our Latest Research Report on BTDR

Bitfarms (BITF)

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.

NASDAQ BITF traded up $0.03 during trading hours on Tuesday, hitting $1.08. The company had a trading volume of 25,427,402 shares, compared to its average volume of 28,693,183. Bitfarms has a 1-year low of $0.67 and a 1-year high of $3.28. The company has a market cap of $595.17 million, a PE ratio of -2.99 and a beta of 3.69. The business has a 50 day moving average of $0.95 and a 200-day moving average of $1.40. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.68 and a current ratio of 3.70.

Read Our Latest Research Report on BITF

Further Reading

Should You Invest $1,000 in Robinhood Markets Right Now?

Before you consider Robinhood Markets, 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 Robinhood Markets wasn't on the list.

While Robinhood Markets currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings Preview: HUGE Stock Move Ahead
These 5 Small Stocks Could Deliver Huge Returns
ACT FAST! Congress Is POURING Into This Stock

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines