Value Stocks To Watch Today - June 18th

Invesco QQQ, Circle Internet Group, and Marvell Technology are the three Value stocks to watch today, according to MarketBeat's stock screener tool. Value stocks are shares of companies trading at prices that appear low relative to their intrinsic worth, often evidenced by depressed valuation multiples such as price-to-earnings or price-to-book ratios. These firms typically have stable cash flows or dividends but may be temporarily out of favor due to market skepticism or short-term challenges. Investors buy value stocks hoping that, as sentiment improves, share prices will rise to reflect the company’s true fundamentals. These companies had the highest dollar trading volume of any Value stocks within the last several days.

Invesco QQQ (QQQ)

PowerShares QQQ Trust, Series 1 is a unit investment trust that issues securities called Nasdaq-100 Index Tracking Stock. The Trust's investment objective is to provide investment results that generally correspond to the price and yield performance of the Nasdaq-100 Index. The Trust provides investors with the opportunity to purchase units of beneficial interest in the Trust representing proportionate undivided interests in the portfolio of securities held by the Trust, which consists of substantially all of the securities, in substantially the same weighting, as the component securities of the Nasdaq-100 Index.

NASDAQ QQQ traded up $0.11 on Wednesday, hitting $529.19. 29,087,977 shares of the company's stock were exchanged, compared to its average volume of 38,426,359. Invesco QQQ has a fifty-two week low of $402.39 and a fifty-two week high of $540.81. The firm's 50-day moving average price is $496.20 and its two-hundred day moving average price is $503.08.

Read Our Latest Research Report on QQQ

Circle Internet Group (CRCL)

Founded in 2013, Circle's mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

Shares of NYSE CRCL traded up $41.36 during trading on Wednesday, hitting $190.51. 45,867,813 shares of the company were exchanged, compared to its average volume of 35,789,184. Circle Internet Group has a 1 year low of $64.00 and a 1 year high of $193.50. The firm has a market capitalization of $42.40 billion and a P/E ratio of -15,055.32.

Read Our Latest Research Report on CRCL

Marvell Technology (MRVL)

Marvell Technology, Inc., together with its subsidiaries, provides data infrastructure semiconductor solutions, spanning the data center core to network edge. The company develops and scales complex System-on-a-Chip architectures, integrating analog, mixed-signal, and digital signal processing functionality.

MRVL traded up $5.07 on Wednesday, hitting $75.06. 45,378,444 shares of the company were exchanged, compared to its average volume of 14,973,650. Marvell Technology has a fifty-two week low of $47.09 and a fifty-two week high of $127.48. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.94 and a current ratio of 1.30. The firm has a market capitalization of $64.84 billion, a P/E ratio of -130.65, a price-to-earnings-growth ratio of 0.77 and a beta of 1.76. The business's fifty day moving average is $60.89 and its 200 day moving average is $84.87.

Read Our Latest Research Report on MRVL

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.