Robinhood Markets, Bitdeer Technologies Group, Cellebrite DI, HIVE Digital Technologies, Bitfarms, The9, and BTCS are the seven Cryptocurrency stocks to watch today, according to MarketBeat's stock screener tool. Cryptocurrency stocks are shares in companies that are involved in the digital currency ecosystem, such as firms that trade, mine, or develop blockchain technology and related infrastructure. Investors use these stocks as a way to gain exposure to the volatile cryptocurrency market indirectly, benefiting from the growth of digital currencies without directly buying or managing them. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.
Robinhood Markets (HOOD)
Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.
Shares of Robinhood Markets stock traded up $0.52 on Friday, hitting $41.18. 23,885,589 shares of the company traded hands, compared to its average volume of 24,248,918. The stock has a market capitalization of $36.46 billion, a P/E ratio of 26.23, a price-to-earnings-growth ratio of 1.05 and a beta of 2.17. The business has a 50-day simple moving average of $45.22 and a 200 day simple moving average of $40.05. Robinhood Markets has a 52 week low of $13.98 and a 52 week high of $66.91.
Read Our Latest Research Report on HOOD
Bitdeer Technologies Group (BTDR)
Bitdeer Technologies Group operates as a technology company for blockchain and computing. It offers hash rate sharing solutions, including Cloud hash rate and Hash rate marketplace; and a one-stop mining machine hosting solutions encompassing deployment, maintenance, and management services for efficient cryptocurrency mining; as well as mines cryptocurrencies for its own account.
Bitdeer Technologies Group stock traded up $0.24 during midday trading on Friday, reaching $7.62. 2,950,463 shares of the stock traded hands, compared to its average volume of 4,409,143. Bitdeer Technologies Group has a 12 month low of $5.25 and a 12 month high of $26.99. The stock's fifty day moving average is $10.55 and its 200-day moving average is $13.42. The stock has a market cap of $853.18 million, a P/E ratio of -14.65 and a beta of 2.25.
Read Our Latest Research Report on BTDR
Cellebrite DI (CLBT)
Cellebrite DI Ltd. develops solutions for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company's DI suite of solutions allows users to collect, review, analyze, and manage digital data across the investigative lifecycle with respect to legally sanctioned investigations used in various cases, including child exploitation, homicide, anti-terror, border control, sexual crimes, human trafficking, corporate security, cryptocurrency, and intellectual property theft.
Shares of CLBT stock traded down $0.13 on Friday, reaching $18.90. The company's stock had a trading volume of 886,090 shares, compared to its average volume of 1,406,673. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of -13.60, a price-to-earnings-growth ratio of 4.27 and a beta of 1.44. The stock's fifty day simple moving average is $18.99 and its 200-day simple moving average is $20.05. Cellebrite DI has a 1 year low of $10.25 and a 1 year high of $26.30.
Read Our Latest Research Report on CLBT
HIVE Digital Technologies (HIVE)
HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.
Shares of NASDAQ:HIVE traded up $0.03 on Friday, reaching $1.49. The company's stock had a trading volume of 3,485,412 shares, compared to its average volume of 6,025,880. The company has a 50-day simple moving average of $1.85 and a 200 day simple moving average of $2.95. The company has a debt-to-equity ratio of 0.03, a quick ratio of 10.41 and a current ratio of 10.41. The company has a market cap of $246.77 million, a P/E ratio of -29.80 and a beta of 3.55. HIVE Digital Technologies has a 52-week low of $1.26 and a 52-week high of $5.54.
Read Our Latest Research Report on HIVE
Bitfarms (BITF)
Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.
NASDAQ BITF traded up $0.01 during trading hours on Friday, hitting $0.84. 5,684,339 shares of the company were exchanged, compared to its average volume of 28,598,435. Bitfarms has a 52 week low of $0.67 and a 52 week high of $3.28. The company has a quick ratio of 3.68, a current ratio of 3.70 and a debt-to-equity ratio of 0.04. The stock has a 50-day moving average price of $1.04 and a 200 day moving average price of $1.57. The stock has a market cap of $452.93 million, a PE ratio of -2.33 and a beta of 3.74.
Read Our Latest Research Report on BITF
The9 (NCTY)
Shares of The9 stock traded down $0.06 on Friday, reaching $10.20. The company had a trading volume of 100,969 shares, compared to its average volume of 78,322. The firm's 50-day moving average price is $12.40 and its two-hundred day moving average price is $12.72. The9 has a 1 year low of $5.66 and a 1 year high of $20.59.
Read Our Latest Research Report on NCTY
BTCS (BTCS)
BTCS Inc. operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.
BTCS stock traded up $0.16 during mid-day trading on Friday, reaching $1.65. 328,757 shares of the stock traded hands, compared to its average volume of 973,723. BTCS has a one year low of $0.95 and a one year high of $5.41. The stock has a market capitalization of $26.41 million, a PE ratio of 4.02 and a beta of 2.90. The business has a 50-day moving average price of $1.90 and a two-hundred day moving average price of $2.34.
Read Our Latest Research Report on BTCS
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