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Promising Mid Cap Stocks To Research - August 17th

ProShares UltraPro Short QQQ logo with background

Key Points

  • Three mid-cap stocks highlighted for research are ProShares UltraPro Short QQQ, Direxion Daily TSLA Bull 2X Shares, and Opendoor Technologies, all showing significant trading volumes recently.
  • ProShares UltraPro Short QQQ aims for daily investment results that are three times the inverse of the NASDAQ-100 Index, with a current stock price of $17.27.
  • Opendoor Technologies operates a digital platform for residential real estate transactions, with its stock trading at $3.17 and significant gains in trading volume reported.
  • Want stock alerts on ProShares UltraPro Short QQQ? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

ProShares UltraPro Short QQQ, Direxion Daily TSLA Bull 2X Shares, and Opendoor Technologies are the three Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of companies whose market capitalization generally falls between about $2 billion and $10 billion (though exact ranges can vary by index provider). These companies often offer a balance of growth potential and stability, sitting between the higher volatility of small-caps and the established size of large-caps. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

ProShares UltraPro Short QQQ stock traded up $0.26 during midday trading on Friday, reaching $17.27. The stock had a trading volume of 107,523,360 shares, compared to its average volume of 93,123,875. ProShares UltraPro Short QQQ has a 52-week low of $16.71 and a 52-week high of $57.80. The company has a fifty day moving average of $19.54 and a 200 day moving average of $27.57.

Read Our Latest Research Report on SQQQ

Direxion Daily TSLA Bull 2X Shares (TSLL)

TSLL stock traded down $0.36 during mid-day trading on Friday, reaching $12.19. The company had a trading volume of 115,726,098 shares, compared to its average volume of 166,221,953. The company has a market capitalization of $6.55 billion, a PE ratio of 88.55 and a beta of -5.14. The firm has a 50 day moving average of $11.85 and a 200 day moving average of $12.51. Direxion Daily TSLA Bull 2X Shares has a 12 month low of $6.29 and a 12 month high of $41.50.

Read Our Latest Research Report on TSLL

Opendoor Technologies (OPEN)

Opendoor Technologies Inc. operates a digital platform for residential real estate transactions in the United States. It buys and sells homes. The company's product offerings comprise sell to opendoor product that enables homeowners to sell their home directly to it and resell the home to a home buyer; list with opendoor product that allows customers to list their home on the MLS with opendoor and receive cash offer; and opendoor marketplace product that connects the home seller with an institutional or retail buyer.

OPEN stock traded up $0.13 during mid-day trading on Friday, reaching $3.17. The company had a trading volume of 415,200,449 shares, compared to its average volume of 264,941,024. The company has a debt-to-equity ratio of 2.58, a current ratio of 4.35 and a quick ratio of 1.97. The firm has a 50 day moving average of $1.40 and a 200 day moving average of $1.17. Opendoor Technologies has a 12 month low of $0.51 and a 12 month high of $4.97. The company has a market capitalization of $2.31 billion, a PE ratio of -7.37 and a beta of 3.02.

Read Our Latest Research Report on OPEN

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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.

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