MercadoLibre, Rocket Companies, and Carlyle Group are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of companies that use technology to provide or enhance financial services—such as digital payments, online lending, robo-advisory and blockchain solutions. These businesses range from startup disruptors to established firms adapting legacy banking and investment offerings for the digital age. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.
MercadoLibre (MELI)
MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.
MELI stock traded up $11.16 during mid-day trading on Tuesday, reaching $2,391.41. 156,153 shares of the company traded hands, compared to its average volume of 387,776. MercadoLibre has a fifty-two week low of $1,579.78 and a fifty-two week high of $2,645.22. The firm's 50 day moving average price is $2,488.70 and its 200 day moving average price is $2,168.74. The company has a quick ratio of 1.18, a current ratio of 1.20 and a debt-to-equity ratio of 0.57. The stock has a market cap of $121.24 billion, a price-to-earnings ratio of 58.95, a P/E/G ratio of 1.42 and a beta of 1.49.
Read Our Latest Research Report on MELI
Rocket Companies (RKT)
Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.
RKT stock traded down $0.68 during midday trading on Tuesday, reaching $13.28. 9,831,304 shares of the company's stock traded hands, compared to its average volume of 7,070,869. Rocket Companies has a 52 week low of $10.06 and a 52 week high of $21.38. The company has a 50-day moving average price of $13.27 and a two-hundred day moving average price of $12.95. The firm has a market capitalization of $26.55 billion, a PE ratio of -442.17 and a beta of 2.28. The company has a debt-to-equity ratio of 1.37, a quick ratio of 12.62 and a current ratio of 12.62.
Read Our Latest Research Report on RKT
Carlyle Group (CG)
The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.
Shares of NASDAQ:CG traded down $0.73 during midday trading on Tuesday, hitting $58.24. 1,541,679 shares of the stock traded hands, compared to its average volume of 2,671,417. Carlyle Group has a one year low of $33.02 and a one year high of $59.31. The stock has a market capitalization of $21.03 billion, a PE ratio of 19.76, a P/E/G ratio of 1.22 and a beta of 1.86. The business's 50 day moving average is $47.77 and its two-hundred day moving average is $46.94. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 1.56.
Read Our Latest Research Report on CG
Further Reading
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