Best Blockchain Stocks To Watch Today – February 20th

Oracle, Applied Digital, Riot Platforms, Bitdeer Technologies Group, FTI Consulting, Globant, and Core Scientific are the seven Blockchain stocks to watch today, according to MarketBeat’s stock screener tool. Blockchain stocks refer to shares in companies that are either directly involved in blockchain technology development or utilization, or have significant investments in the blockchain sector. Purchasing these stocks allows investors to gain exposure to the growth and potential profits of the blockchain industry without needing to buy the digital assets themselves. 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 stock traded down $5.55 on Thursday, hitting $175.97. 4,150,227 shares of the stock traded hands, compared to its average volume of 12,056,806. The company’s fifty day moving average is $169.09 and its 200 day moving average is $166.67. Oracle has a 1-year low of $106.51 and a 1-year high of $198.31. The company has a market capitalization of $492.18 billion, a PE ratio of 43.03, a PEG ratio of 3.54 and a beta of 1.05. The company has a debt-to-equity ratio of 5.65, a current ratio of 0.81 and a quick ratio of 0.81.

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.

APLD traded up $0.21 during trading on Thursday, reaching $10.16. 19,462,908 shares of the company were exchanged, compared to its average volume of 24,223,748. The firm has a 50 day moving average of $8.43 and a 200 day moving average of $7.41. The stock has a market cap of $2.26 billion, a P/E ratio of -5.87 and a beta of 4.77. The company has a current ratio of 0.77, a quick ratio of 0.77 and a debt-to-equity ratio of 1.22. Applied Digital has a 52 week low of $2.36 and a 52 week high of $11.25.

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.

Riot Platforms stock traded down $0.04 during mid-day trading on Thursday, hitting $11.53. The company’s stock had a trading volume of 10,705,153 shares, compared to its average volume of 30,755,549. Riot Platforms has a twelve month low of $6.36 and a twelve month high of $18.36. The stock has a market capitalization of $3.96 billion, a P/E ratio of 26.88 and a beta of 4.23. The stock’s fifty day moving average price is $12.00 and its two-hundred day moving average price is $10.25.

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 $0.26 during trading on Thursday, reaching $14.67. 4,526,068 shares of the company’s stock were exchanged, compared to its average volume of 6,652,711. The company’s fifty day simple moving average is $19.51 and its 200-day simple moving average is $12.65. The firm has a market capitalization of $1.64 billion, a PE ratio of -28.20 and a beta of 2.04. Bitdeer Technologies Group has a fifty-two week low of $5.23 and a fifty-two week high of $26.99.

FTI Consulting (FCN)

FTI Consulting, Inc. provides business advisory services to manage change, mitigate risk, and resolve disputes worldwide. The company operates through Corporate Finance & Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications segments. The Corporate Finance & Restructuring segment provides business transformation and strategy, transactions, and turnaround and restructuring services.

Shares of NYSE:FCN traded down $20.85 during trading on Thursday, reaching $169.31. 378,681 shares of the company traded hands, compared to its average volume of 208,035. The firm has a market cap of $6.09 billion, a P/E ratio of 19.56 and a beta of 0.15. FTI Consulting has a 1-year low of $170.98 and a 1-year high of $243.60. The firm has a fifty day simple moving average of $193.42 and a 200 day simple moving average of $207.44.

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 $7.20 during trading on Thursday, reaching $210.41. The company’s stock had a trading volume of 260,584 shares, compared to its average volume of 467,761. The stock has a market capitalization of $9.07 billion, a PE ratio of 54.94, a PEG ratio of 2.52 and a beta of 1.39. Globant has a 1-year low of $151.68 and a 1-year high of $238.32. The business has a 50-day moving average price of $215.55 and a 200-day moving average price of $210.82.

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

Shares of Core Scientific stock traded down $0.19 during midday trading on Thursday, reaching $11.84. 3,995,676 shares of the company’s stock traded hands, compared to its average volume of 10,404,170. The company has a market cap of $3.30 billion and a price-to-earnings ratio of -2.19. Core Scientific has a 52 week low of $2.61 and a 52 week high of $18.63. The company’s 50 day simple moving average is $13.85 and its 200 day simple moving average is $13.25.