Best Financial Stocks To Watch Now - April 22nd

iShares Bitcoin Trust, UnitedHealth Group, and ProShares UltraPro Short QQQ are the three Financial stocks to watch today, according to MarketBeat's stock screener tool. Financial stocks are shares representing ownership in companies within the financial sector, including banks, insurance firms, investment companies, and other financial institutions. These stocks are influenced by economic cycles and interest rate changes, playing a key role in both the performance of the financial industry and investors' portfolios. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

iShares Bitcoin Trust (IBIT)

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

IBIT stock traded up $1.96 during midday trading on Tuesday, reaching $51.68. 43,746,685 shares of the company traded hands, compared to its average volume of 45,568,988. The business has a 50 day moving average of $48.91 and a 200-day moving average of $50.29. iShares Bitcoin Trust has a 52-week low of $28.23 and a 52-week high of $61.75.

Read Our Latest Research Report on IBIT

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

NYSE:UNH traded up $3.96 during mid-day trading on Tuesday, hitting $429.29. 4,296,129 shares of the stock traded hands, compared to its average volume of 4,399,372. UnitedHealth Group has a 52 week low of $418.07 and a 52 week high of $630.73. The stock has a market capitalization of $392.68 billion, a price-to-earnings ratio of 27.70, a PEG ratio of 1.37 and a beta of 0.61. The firm's 50 day moving average is $510.91 and its two-hundred day moving average is $538.77. The company has a quick ratio of 0.91, a current ratio of 0.83 and a debt-to-equity ratio of 0.74.

Read Our Latest Research Report on UNH

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

SQQQ traded down $3.65 on Tuesday, reaching $37.84. 44,752,027 shares of the company traded hands, compared to its average volume of 48,136,313. The firm has a fifty day simple moving average of $35.91 and a two-hundred day simple moving average of $33.24. ProShares UltraPro Short QQQ has a one year low of $26.21 and a one year high of $64.65.

Read Our Latest Research Report on SQQQ

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