Top Fintech Stocks To Keep An Eye On - July 11th
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, cloud computing, blockchain, and artificial intelligence—to deliver or improve financial services. These firms range from digital banks and payment processors to robo-advisors, peer-to-peer lending platforms, and cryptocurrency exchanges. Investing in fintech stocks offers exposure to businesses aiming to disrupt or modernize traditional banking, investment, and payment systems. 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 MercadoLibre stock traded down $14.37 during trading on Friday, hitting $2,387.74. 233,216 shares of the company were exchanged, compared to its average volume of 403,209. The company has a quick ratio of 1.18, a current ratio of 1.20 and a debt-to-equity ratio of 0.57. MercadoLibre has a fifty-two week low of $1,579.78 and a fifty-two week high of $2,645.22. The stock has a market capitalization of $121.05 billion, a price-to-earnings ratio of 58.72, a P/E/G ratio of 1.47 and a beta of 1.49. The firm has a 50 day moving average price of $2,483.90 and a 200 day moving average price of $2,153.84.
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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 Future FinTech Group stock traded up $1.82 during trading on Friday, hitting $3.33. 87,632,216 shares of the company were exchanged, compared to its average volume of 911,704. Future FinTech Group has a fifty-two week low of $1.01 and a fifty-two week high of $5.70. The firm has a 50 day moving average price of $1.34 and a 200 day moving average price 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.
RKT traded down $0.17 during trading on Friday, hitting $13.63. The company's stock had a trading volume of 7,272,084 shares, compared to its average volume of 7,003,018. The firm's 50 day moving average price is $13.21 and its 200-day moving average price is $12.89. The company has a debt-to-equity ratio of 1.37, a current ratio of 12.62 and a quick ratio of 12.62. The stock has a market cap of $27.25 billion, a PE ratio of -453.97 and a beta of 2.28. Rocket Companies has a twelve month low of $10.06 and a twelve month high of $21.38.
Read Our Latest Research Report on RKT
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.
CG traded down $0.25 during trading on Friday, hitting $58.25. The company's stock had a trading volume of 1,310,676 shares, compared to its average volume of 2,880,536. The firm's 50 day moving average price is $47.41 and its 200-day moving average price is $46.96. The company has a debt-to-equity ratio of 1.56, a current ratio of 2.36 and a quick ratio of 2.36. The stock has a market cap of $21.04 billion, a PE ratio of 19.75, a PEG ratio of 1.21 and a beta of 1.86. Carlyle Group has a twelve month low of $33.02 and a twelve month high of $58.84.
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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.
DFDV traded up $2.47 during trading on Friday, hitting $27.11. The company's stock had a trading volume of 1,962,879 shares, compared to its average volume of 2,843,794. The company has a market capitalization of $399.33 million, a PE ratio of -107.21 and a beta of -7.12. DeFi Development has a twelve month low of $0.48 and a twelve month high of $53.88.
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