Best Blockchain Stocks To Research – February 03rd

Oracle, Riot Platforms, Globant, Applied Digital, and Bitdeer Technologies Group are the five Blockchain stocks to watch today, according to MarketBeat’s stock screener tool. Blockchain stocks refer to publicly traded companies that operate within the blockchain technology sector. These companies are involved in developing, investing in, or utilizing blockchain technology for various applications such as cryptocurrency, smart contracts, supply chain management, and more. Investors can purchase shares of these companies in the stock market to gain exposure to the growing blockchain industry. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Shares of ORCL traded down $2.50 during trading hours on Monday, reaching $167.56. 3,983,492 shares of the company traded hands, compared to its average volume of 14,396,793. The stock’s fifty day moving average is $171.89 and its 200 day moving average is $163.58. The stock has a market cap of $468.66 billion, a P/E ratio of 40.94, a price-to-earnings-growth ratio of 3.35 and a beta of 1.05. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. Oracle has a 1-year low of $106.51 and a 1-year high of $198.31.

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Shares of RIOT traded down $0.14 during trading hours on Monday, reaching $11.74. 19,169,385 shares of the company traded hands, compared to its average volume of 35,083,504. The stock’s fifty day moving average is $12.08 and its 200 day moving average is $10.16. The stock has a market cap of $4.04 billion, a P/E ratio of 27.18 and a beta of 4.23. Riot Platforms has a 1-year low of $6.36 and a 1-year high of $18.36.

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

NYSE GLOB traded down $0.70 on Monday, reaching $212.62. The company’s stock had a trading volume of 469,229 shares, compared to its average volume of 430,167. The firm has a market cap of $9.16 billion, a PE ratio of 55.34, a price-to-earnings-growth ratio of 2.33 and a beta of 1.39. The business has a 50-day moving average price of $217.57 and a 200 day moving average price of $208.64. Globant has a 52 week low of $151.68 and a 52 week high of $248.94.

Applied Digital (APLD)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

NASDAQ APLD traded up $0.23 on Monday, reaching $7.35. The company’s stock had a trading volume of 12,972,993 shares, compared to its average volume of 24,576,863. The firm has a market cap of $1.64 billion, a PE ratio of -4.25 and a beta of 4.78. The business has a 50-day moving average price of $8.80 and a 200 day moving average price of $7.10. Applied Digital has a 52 week low of $2.36 and a 52 week high of $11.25. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.22.

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.

NASDAQ BTDR traded down $1.53 on Monday, reaching $16.99. The company’s stock had a trading volume of 4,516,692 shares, compared to its average volume of 7,671,086. The firm has a market cap of $1.90 billion, a PE ratio of -32.75 and a beta of 2.04. The business has a 50-day moving average price of $19.34 and a 200 day moving average price of $12.05. Bitdeer Technologies Group has a 52 week low of $5.23 and a 52 week high of $26.99.