Technology Stocks To Consider - May 13th

NVIDIA, Meta Platforms, and Coinbase Global are the three Technology stocks to watch today, according to MarketBeat's stock screener tool. Technology stocks are shares of publicly traded companies that develop, manufacture or enable technology products and services—ranging from hardware and semiconductors to software, IT services and internet platforms. Because their value hinges on successful innovation, market adoption and ongoing R&D, they often exhibit higher growth potential and greater price volatility than more established, mature-industry equities. These companies had the highest dollar trading volume of any Technology stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

Shares of NVDA traded up $7.07 during mid-day trading on Tuesday, reaching $130.07. 245,312,404 shares of the stock traded hands, compared to its average volume of 295,871,202. NVIDIA has a 1 year low of $86.62 and a 1 year high of $195.95. The firm has a fifty day moving average price of $110.40 and a 200 day moving average price of $127.06. The company has a market cap of $3.18 trillion, a price-to-earnings ratio of 51.19, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13.

Read Our Latest Research Report on NVDA

Meta Platforms (META)

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

Meta Platforms stock traded up $16.11 during mid-day trading on Tuesday, hitting $655.54. The company's stock had a trading volume of 12,911,947 shares, compared to its average volume of 14,491,020. The stock has a market cap of $1.66 trillion, a price-to-earnings ratio of 27.41, a price-to-earnings-growth ratio of 1.42 and a beta of 1.24. The business has a 50 day moving average price of $568.53 and a 200-day moving average price of $605.22. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.98 and a quick ratio of 2.98. Meta Platforms has a 12 month low of $442.65 and a 12 month high of $740.91.

Read Our Latest Research Report on META

Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

COIN stock traded up $46.23 during trading on Tuesday, reaching $253.45. The company had a trading volume of 26,389,809 shares, compared to its average volume of 9,748,864. The business has a 50 day moving average of $187.08 and a 200 day moving average of $243.32. The company has a market cap of $64.35 billion, a P/E ratio of 26.68 and a beta of 3.62. Coinbase Global has a 52 week low of $142.58 and a 52 week high of $349.75. The company has a debt-to-equity ratio of 0.41, a current ratio of 2.28 and a quick ratio of 2.28.

Read Our Latest Research Report on COIN

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.