Promising Financial Stocks To Watch Now - August 15th

Key Points

• UnitedHealth Group (UNH) is a key stock to watch, having recently reached $309.72 with significant trading volume, reflecting strong investor interest.
• BitMine Immersion Technologies (BMNR) experienced notable trading activity as well, hitting a price of $55.30, but shows a wide range in its stock performance over the past year.
• Robinhood Markets (HOOD) continues to gain traction, trading at $112.21, with a market capitalization of $99.72 billion and a high P/E ratio of 56.81, indicating strong growth expectations.

UnitedHealth Group, BitMine Immersion Technologies, Circle Internet Group, Robinhood Markets, and Salesforce are the five Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are equity shares of companies whose primary business involves financial services—such as banks, insurance firms, brokerages and asset managers. They generate revenue through lending, underwriting, investment management and transaction fees. Because their profits depend heavily on interest‐rate movements, economic cycles and regulatory policies, financial stocks often exhibit sensitivity to changes in those areas. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

NYSE UNH traded up $38.23 on Friday, reaching $309.72. The stock had a trading volume of 45,119,382 shares, compared to its average volume of 12,429,949. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73. UnitedHealth Group has a 12-month low of $234.60 and a 12-month high of $630.73. The firm has a market capitalization of $280.51 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 1.75 and a beta of 0.43. The stock has a fifty day moving average price of $288.90 and a two-hundred day moving average price of $399.47.

Read Our Latest Research Report on UNH

BitMine Immersion Technologies (BMNR)

BitMine Immersion Technologies, Inc. is a financial services company in the Banking industry.

BitMine Immersion Technologies stock traded down $5.15 during midday trading on Friday, hitting $55.30. 38,248,436 shares of the stock were exchanged, compared to its average volume of 11,179,443. BitMine Immersion Technologies has a 1 year low of $1.93 and a 1 year high of $161.00. The company has a market capitalization of $237.96 million and a price-to-earnings ratio of -125.68.

Read Our Latest Research Report on BMNR

Circle Internet Group (CRCL)

Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

CRCL stock traded up $7.45 during trading hours on Friday, hitting $146.68. The company's stock had a trading volume of 14,037,403 shares, compared to its average volume of 27,542,369. Circle Internet Group has a 12 month low of $64.00 and a 12 month high of $298.99. The stock has a market cap of $32.64 billion and a P/E ratio of -11,591.59. The stock has a 50 day moving average of $183.99.

Read Our Latest Research Report on CRCL

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 $1.50 during midday trading on Friday, reaching $112.21. The company's stock had a trading volume of 18,232,208 shares, compared to its average volume of 41,647,645. Robinhood Markets has a fifty-two week low of $18.71 and a fifty-two week high of $117.70. The stock has a 50 day simple moving average of $94.57 and a 200-day simple moving average of $65.70. The stock has a market capitalization of $99.72 billion, a price-to-earnings ratio of 56.81, a PEG ratio of 4.14 and a beta of 2.36.

Read Our Latest Research Report on HOOD

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

Shares of CRM traded up $10.98 during midday trading on Friday, hitting $244.35. 6,417,862 shares of the company traded hands, compared to its average volume of 7,180,136. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.07 and a quick ratio of 1.07. The firm has a market cap of $233.60 billion, a P/E ratio of 38.16, a PEG ratio of 2.15 and a beta of 1.37. The stock has a 50-day moving average of $261.05 and a 200-day moving average of $276.65. Salesforce has a one year low of $226.48 and a one year high of $369.00.

Read Our Latest Research Report on CRM

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