Promising Mid Cap Stocks Worth Watching - June 29th

Oklo, Direxion Daily TSLA Bull 2X Shares, Mr. Cooper Group, SouthState, and Applied Industrial Technologies are the five Mid Cap stocks to watch today, according to MarketBeat's stock screener tool. Mid-cap stocks are shares of companies whose total market capitalization generally falls between $2 billion and $10 billion. These companies tend to be more established and stable than small-cap firms yet still offer higher growth potential than large-cap “blue-chip” stocks. As a result, mid caps often strike a balance between growth opportunity and risk. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

Oklo (OKLO)

Oklo Inc. designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.

Shares of Oklo stock traded down $0.53 on Friday, reaching $55.33. 45,864,730 shares of the stock were exchanged, compared to its average volume of 14,389,361. The firm's 50 day moving average is $43.19 and its 200-day moving average is $34.47. Oklo has a one year low of $5.35 and a one year high of $73.55. The firm has a market cap of $7.72 billion, a PE ratio of -10.23 and a beta of 0.58.

Read Our Latest Research Report on OKLO

Direxion Daily TSLA Bull 2X Shares (TSLL)

Shares of Direxion Daily TSLA Bull 2X Shares stock traded down $0.17 on Friday, reaching $12.27. 145,731,042 shares of the stock were exchanged, compared to its average volume of 114,888,290. The firm's 50 day moving average is $12.42 and its 200-day moving average is $16.92. Direxion Daily TSLA Bull 2X Shares has a one year low of $6.29 and a one year high of $41.50. The firm has a market cap of $6.02 billion, a PE ratio of 88.55 and a beta of -5.14.

Read Our Latest Research Report on TSLL

Mr. Cooper Group (COOP)

Mr. Cooper Group Inc., together with its subsidiaries, operates as a non-bank servicer of residential mortgage loans in the United States. The company operates through Servicing and Originations segments. The Servicing segment performs activities on behalf of investors or owners of the underlying mortgages and mortgage servicing rights, including collecting and disbursing borrower payments, investor reporting, customer service, modifying loans, performing collections, foreclosures, and the sale of real estate owned.

Shares of Mr. Cooper Group stock traded down $2.27 on Friday, reaching $149.22. 9,998,891 shares of the stock were exchanged, compared to its average volume of 700,167. The firm's 50 day moving average is $130.32 and its 200-day moving average is $114.01. Mr. Cooper Group has a one year low of $78.20 and a one year high of $156.35. The firm has a market cap of $9.55 billion, a PE ratio of 16.96, a P/E/G ratio of 0.43 and a beta of 1.03.

Read Our Latest Research Report on COOP

SouthState (SSB)

SouthState Corporation operates as the bank holding company for SouthState Bank, National Association that provides a range of banking services and products to individuals and companies. It offers checking accounts, savings deposits, interest-bearing transaction accounts, certificates of deposits, money market accounts, and other time deposits, as well as bond accounting, asset/liability consulting related activities, and other clearing and corporate checking account services.

Shares of SouthState stock traded down $0.32 on Friday, reaching $91.58. 16,145,154 shares of the stock were exchanged, compared to its average volume of 736,799. The firm's 50 day moving average is $88.56 and its 200-day moving average is $93.92. The firm has a market cap of $9.30 billion, a PE ratio of 13.16 and a beta of 0.77. SouthState has a one year low of $74.69 and a one year high of $114.27. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.91 and a current ratio of 0.91.

Read Our Latest Research Report on SSB

Applied Industrial Technologies (AIT)

Applied Industrial Technologies, Inc. distributes industrial motion, power, control, and automation technology solutions in North America, Australia, New Zealand, and Singapore. It operates in two segments, Service Center Based Distribution, and Engineered Solutions. The company distributes bearings, power transmission products, engineered fluid power components and systems, specialty flow control solutions, advanced automation products, industrial rubber products, linear motion components, automation solutions, tools, safety products, oilfield supplies, and other industrial and maintenance supplies; and motors, belting, drives, couplings, pumps, hydraulic and pneumatic components, filtration supplies, valves, fittings, process instrumentation, actuators, and hoses, filtration supplies, as well as other related supplies for general operational needs of customers' machinery and equipment.

Shares of NYSE:AIT traded up $0.87 during trading on Friday, hitting $233.08. 6,331,498 shares of the company were exchanged, compared to its average volume of 341,520. Applied Industrial Technologies has a 1-year low of $182.21 and a 1-year high of $282.98. The company has a market capitalization of $8.88 billion, a P/E ratio of 23.40, a price-to-earnings-growth ratio of 2.99 and a beta of 0.93. The company has a quick ratio of 2.51, a current ratio of 3.57 and a debt-to-equity ratio of 0.31. The business's 50 day moving average is $228.87 and its 200-day moving average is $237.81.

Read Our Latest Research Report on AIT

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