Top Blockchain Stocks Worth Watching - July 25th

Key Points

• Seven blockchain stocks identified as worth watching include Oracle, Riot Platforms, Applied Digital, Core Scientific, Globant, SMX Public, and Customers Bancorp due to high trading volumes recently.
• Oracle's stock recently traded at $244.69 with a market capitalization of $687.30 billion and a P/E ratio of 56.41.
• Riot Platforms, known for bitcoin mining, has a current trading value of $14.37 and a market capitalization of $5.14 billion.
• Applied Digital focuses on digital infrastructure solutions, recently trading at $11.04 with a market capitalization of $2.48 billion.

Oracle, Riot Platforms, Applied Digital, Core Scientific, Globant, SMX (Security Matters) Public, and Customers Bancorp are the seven Blockchain stocks to watch today, according to MarketBeat's stock screener tool. Blockchain stocks are shares of publicly traded companies whose core business involves developing, implementing or leveraging blockchain technology. These firms may operate blockchain platforms, provide related software and hardware, or integrate distributed ledger solutions into their services. Investors buy blockchain stocks to gain exposure to the potential growth and innovation of the blockchain sector. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

NYSE:ORCL traded up $1.86 during midday trading on Friday, hitting $244.69. 3,161,104 shares of the stock were exchanged, compared to its average volume of 12,147,568. Oracle has a one year low of $118.86 and a one year high of $251.60. The company has a market capitalization of $687.30 billion, a price-to-earnings ratio of 56.41, a P/E/G ratio of 3.61 and a beta of 1.39. The business has a 50-day moving average price of $202.72 and a two-hundred day moving average price of $171.02. The company has a current ratio of 0.75, a quick ratio of 0.75 and a debt-to-equity ratio of 4.07.

Read Our Latest Research Report on ORCL

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

NASDAQ:RIOT traded down $0.32 during midday trading on Friday, hitting $14.37. 24,908,914 shares of the stock were exchanged, compared to its average volume of 33,514,719. Riot Platforms has a one year low of $6.19 and a one year high of $15.87. The company has a market capitalization of $5.14 billion, a price-to-earnings ratio of -10.90 and a beta of 4.57. The business has a 50-day moving average price of $10.67 and a two-hundred day moving average price of $9.79. The company has a current ratio of 3.23, a quick ratio of 3.23 and a debt-to-equity ratio of 0.20.

Read Our Latest Research Report on RIOT

Applied Digital (APLD)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

NASDAQ:APLD traded down $0.16 during midday trading on Friday, hitting $11.04. 10,064,534 shares of the stock were exchanged, compared to its average volume of 38,117,484. Applied Digital has a one year low of $3.01 and a one year high of $15.42. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of -8.06 and a beta of 6.04. The business has a 50-day moving average price of $9.99 and a two-hundred day moving average price of $7.90. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 1.56.

Read Our Latest Research Report on APLD

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

Core Scientific stock traded up $0.12 during mid-day trading on Friday, hitting $13.81. The company's stock had a trading volume of 7,945,743 shares, compared to its average volume of 16,404,633. The stock has a market capitalization of $4.11 billion, a P/E ratio of -2.75 and a beta of 6.71. Core Scientific has a twelve month low of $6.20 and a twelve month high of $18.63. The stock's fifty day moving average price is $12.93 and its two-hundred day moving average price is $11.06.

Read Our Latest Research Report on CORZ

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

Globant stock traded up $3.95 during mid-day trading on Friday, hitting $92.77. The company's stock had a trading volume of 469,819 shares, compared to its average volume of 1,027,970. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $4.08 billion, a P/E ratio of 27.48, a P/E/G ratio of 3.18 and a beta of 1.20. Globant has a twelve month low of $82.39 and a twelve month high of $238.32. The stock's fifty day moving average price is $93.80 and its two-hundred day moving average price is $134.29.

Read Our Latest Research Report on GLOB

SMX (Security Matters) Public (SMX)

SMX (Security Matters) Public Limited Company, through its subsidiaries, engages in the development and commercialization of track and trace technologies for various industries. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.

SMX (Security Matters) Public stock traded up $0.63 during mid-day trading on Friday, hitting $1.75. The company's stock had a trading volume of 17,209,611 shares, compared to its average volume of 581,191. The company has a current ratio of 0.21, a quick ratio of 0.21 and a debt-to-equity ratio of 0.02. SMX has a twelve month low of $1.06 and a twelve month high of $841.32. The stock's fifty day moving average price is $4.12 and its two-hundred day moving average price is $9.33.

Read Our Latest Research Report on SMX

Customers Bancorp (CUBI)

Customers Bancorp, Inc. operates as the bank holding company for Customers Bank that provides financial products and services to individual consumers, and small and middle market businesses. The company provides deposit banking products, which includes commercial and consumer checking, non-interest-bearing and interest-bearing demand, MMDA, savings, and time deposit accounts.

Customers Bancorp stock traded up $0.25 during mid-day trading on Friday, hitting $61.69. The company's stock had a trading volume of 424,244 shares, compared to its average volume of 296,537. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.76. The stock has a market capitalization of $1.95 billion, a P/E ratio of 15.54 and a beta of 1.55. Customers Bancorp has a twelve month low of $40.75 and a twelve month high of $68.49. The stock's fifty day moving average price is $56.72 and its two-hundred day moving average price is $52.99.

Read Our Latest Research Report on CUBI