Best Fintech Stocks To Research - July 12th | MarketBeat
MercadoLibre, Future FinTech Group, Rocket Companies, Carlyle Group, and DeFi Development are the five Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of publicly traded companies that leverage digital technologies—such as mobile apps, artificial intelligence and blockchain—to offer or streamline financial services. These services can include payments, lending, digital banking, robo-advisory and insurance. Investors buy fintech stocks to gain exposure to the sector’s rapid innovation and the shift away from traditional banking models. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.
MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.
Shares of NASDAQ MELI traded down $14.65 during mid-day trading on Friday, hitting $2,387.45. 341,673 shares of the company traded hands, compared to its average volume of 389,087. MercadoLibre has a 1 year low of $1,579.78 and a 1 year high of $2,645.22. The stock has a market capitalization of $121.04 billion, a price-to-earnings ratio of 58.72, a PEG ratio of 1.43 and a beta of 1.49. The company has a quick ratio of 1.18, a current ratio of 1.20 and a debt-to-equity ratio of 0.57. The business has a 50 day moving average of $2,486.03 and a two-hundred day moving average of $2,158.29.
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Future FinTech Group Inc., through its subsidiaries, operates online shopping platforms in People's Republic of China. It operates in three segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. The company offers cross-border money transfer service, brokerage and investment banking, and cryptocurrency mining farm business.
Shares of NASDAQ FTFT traded up $2.43 during mid-day trading on Friday, hitting $3.94. 96,331,215 shares of the company traded hands, compared to its average volume of 49,505. Future FinTech Group has a 1 year low of $1.01 and a 1 year high of $5.70. The business has a 50 day moving average of $1.38 and a two-hundred day moving average of $1.93.
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Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company's solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.
Shares of NYSE RKT traded down $0.11 during mid-day trading on Friday, hitting $13.68. 11,678,385 shares of the company traded hands, compared to its average volume of 7,022,785. Rocket Companies has a 1 year low of $10.06 and a 1 year high of $21.38. The stock has a market capitalization of $27.36 billion, a price-to-earnings ratio of -456.00 and a beta of 2.28. The company has a quick ratio of 12.62, a current ratio of 12.62 and a debt-to-equity ratio of 1.37. The business has a 50 day moving average of $13.23 and a two-hundred day moving average of $12.91.
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The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.
Shares of NASDAQ CG traded down $0.15 during mid-day trading on Friday, hitting $58.35. 2,297,335 shares of the company traded hands, compared to its average volume of 2,675,924. Carlyle Group has a 1 year low of $33.02 and a 1 year high of $58.84. The stock has a market capitalization of $21.07 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 1.22 and a beta of 1.86. The company has a quick ratio of 2.36, a current ratio of 2.36 and a debt-to-equity ratio of 1.56. The business has a 50 day moving average of $47.77 and a two-hundred day moving average of $47.01.
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We are a B2B fintech marketplace connecting commercial property borrowers and lenders with a human touch. We seek to revolutionize the commercial real estate lending market by making it hyper-efficient, transparent, and accessible to all rather than the few. Through our online platform, we provide technology that connects commercial mortgage borrowers looking for capital to refinance, build, or purchase commercial property, including, but not limited to, apartment buildings, to commercial property lenders.
DeFi Development stock traded up $2.61 during mid-day trading on Friday, hitting $27.25. The company's stock had a trading volume of 2,257,530 shares, compared to its average volume of 1,699,017. The company has a market cap of $401.39 million, a P/E ratio of -107.77 and a beta of -7.12. DeFi Development has a 52-week low of $0.48 and a 52-week high of $53.88.
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