Best Cryptocurrency Stocks To Follow Now – March 16th

Robinhood Markets, Bitdeer Technologies Group, and Bit Origin are the three Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks are shares in publicly traded companies that operate within or have significant exposure to the digital currency and blockchain industries. These companies may include crypto exchanges, mining firms, or blockchain technology developers, offering investors a way to participate in the growth of the cryptocurrency ecosystem via traditional equity markets. These companies had the highest dollar trading volume of any Cryptocurrency stocks within the last several days.

Robinhood Markets (HOOD)

Robinhood Markets, Inc. operates financial services platform in the United States. Its platform allows users to invest in stocks, exchange-traded funds (ETFs), American depository receipts, options, gold, and cryptocurrencies. The company offers fractional trading, recurring investments, fully-paid securities lending, access to investing on margin, cash sweep, instant withdrawals, retirement program, around-the-clock trading, and initial public offerings participation services.

Robinhood Markets stock traded up $3.22 during midday trading on Friday, reaching $39.24. The stock had a trading volume of 37,694,543 shares, compared to its average volume of 33,570,324. Robinhood Markets has a twelve month low of $13.98 and a twelve month high of $66.91. The firm has a market cap of $34.75 billion, a price-to-earnings ratio of 24.99, a PEG ratio of 1.05 and a beta of 2.14. The firm’s fifty day simple moving average is $48.88 and its two-hundred day simple moving average is $36.49.

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.

Shares of Bitdeer Technologies Group stock traded up $0.57 during midday trading on Friday, reaching $10.35. 3,701,264 shares of the company’s stock traded hands, compared to its average volume of 4,098,720. The company has a market cap of $1.16 billion, a price-to-earnings ratio of -19.90 and a beta of 2.12. Bitdeer Technologies Group has a 52 week low of $5.23 and a 52 week high of $26.99. The company’s 50 day simple moving average is $15.84 and its 200 day simple moving average is $13.11.

Bit Origin (BTOG)

NASDAQ BTOG traded up $0.04 during midday trading on Friday, hitting $0.31. The company had a trading volume of 90,365,223 shares, compared to its average volume of 5,775,497. The company has a debt-to-equity ratio of 3.61, a quick ratio of 2.68 and a current ratio of 2.68. The firm has a fifty day simple moving average of $0.52 and a two-hundred day simple moving average of $1.29. Bit Origin has a fifty-two week low of $0.16 and a fifty-two week high of $6.04.