Promising Cryptocurrency Stocks To Watch Now – February 17th

Robinhood Markets, Cellebrite DI, Bitdeer Technologies Group, Bitfarms, HIVE Digital Technologies, MoneyLion, and Digihost Technology are the seven Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks are shares of publicly traded companies that have a direct stake in the cryptocurrency industry. These stocks may include companies that mine, trade, or provide services related to cryptocurrencies, and their value is influenced by the performance of the digital asset market. Investors can buy and sell cryptocurrency stocks on traditional stock exchanges. 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.

NASDAQ HOOD traded up $1.48 on Monday, reaching $65.28. 39,248,779 shares of the company’s stock traded hands, compared to its average volume of 19,924,428. The stock has a 50 day moving average price of $45.45 and a 200-day moving average price of $32.60. The firm has a market cap of $57.71 billion, a price-to-earnings ratio of 110.65, a P/E/G ratio of 0.73 and a beta of 2.13. Robinhood Markets has a fifty-two week low of $13.04 and a fifty-two week high of $66.91.

Cellebrite DI (CLBT)

Cellebrite DI Ltd. develops solutions for legally sanctioned investigations in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company's DI suite of solutions allows users to collect, review, analyze, and manage digital data across the investigative lifecycle with respect to legally sanctioned investigations used in various cases, including child exploitation, homicide, anti-terror, border control, sexual crimes, human trafficking, corporate security, cryptocurrency, and intellectual property theft.

NASDAQ:CLBT traded down $1.20 during trading hours on Monday, reaching $20.50. The company had a trading volume of 2,971,877 shares, compared to its average volume of 1,762,856. The firm has a market cap of $4.22 billion, a PE ratio of -13.23, a price-to-earnings-growth ratio of 3.72 and a beta of 1.47. Cellebrite DI has a 1-year low of $9.96 and a 1-year high of $26.30. The business’s 50 day moving average price is $22.57 and its 200-day moving average price is $19.23.

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 $0.08 during mid-day trading on Monday, reaching $16.50. 2,958,087 shares of the stock were exchanged, compared to its average volume of 6,500,237. Bitdeer Technologies Group has a 1 year low of $5.23 and a 1 year high of $26.99. The business’s 50 day moving average is $19.77 and its 200-day moving average is $12.52. The company has a market capitalization of $1.85 billion, a P/E ratio of -31.73 and a beta of 2.04.

Bitfarms (BITF)

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.

Shares of Bitfarms stock traded up $0.02 on Monday, hitting $1.42. The company’s stock had a trading volume of 23,513,150 shares, compared to its average volume of 41,621,164. The company has a market capitalization of $643.16 million, a price-to-earnings ratio of -3.94 and a beta of 3.64. The firm has a fifty day moving average price of $1.63 and a 200-day moving average price of $1.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.68 and a current ratio of 3.70. Bitfarms has a 1 year low of $1.28 and a 1 year high of $3.91.

HIVE Digital Technologies (HIVE)

HIVE Digital Technologies Ltd. operates as a cryptocurrency mining company in Canada, Sweden, and Iceland. The company engages in the mining and sale of digital currencies, including Ethereum Classic, Bitcoin, and other coins. It also operates data centers; and offers infrastructure solutions. The company was formerly known as HIVE Blockchain Technologies Ltd.

Shares of HIVE Digital Technologies stock traded down $0.01 on Monday, reaching $2.85. The company’s stock had a trading volume of 6,221,402 shares, compared to its average volume of 10,176,283. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $422.00 million, a P/E ratio of -20.36 and a beta of 3.46. The stock has a 50-day moving average price of $3.14 and a 200-day moving average price of $3.36. HIVE Digital Technologies has a 52-week low of $2.18 and a 52-week high of $5.54.

MoneyLion (ML)

MoneyLion Inc., a financial technology company, provides personalized products and financial content for American consumers. The company's platform offers access to banking, borrowing, and investing solutions for customers. Its principal products include RoarMoney, an insured digital demand deposit account; Instacash, a cash advance product that gives customers early access to their recurring income deposits; Credit Builder Plus membership program; MoneyLion Investing, an online investment account that offers access to separately managed accounts invested based on model exchange-traded fund portfolios; Roundups, which provides features designed to encourage customers to establish good saving and investing habits; and MoneyLion Crypto, an online cryptocurrency account.

ML traded up $0.51 during midday trading on Monday, hitting $87.29. 99,138 shares of the company traded hands, compared to its average volume of 140,931. MoneyLion has a 52-week low of $36.65 and a 52-week high of $106.82. The company has a market capitalization of $968.96 million, a price-to-earnings ratio of 396.79 and a beta of 3.06. The business has a 50 day simple moving average of $86.49 and a two-hundred day simple moving average of $65.36.

Digihost Technology (DGHI)

Digihost Technology Inc. operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc.

Shares of DGHI stock traded down $0.24 on Monday, hitting $2.63. 1,145,731 shares of the stock traded hands, compared to its average volume of 832,486. The stock has a market capitalization of $87.97 million, a PE ratio of -4.87 and a beta of 5.54. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.09. Digihost Technology has a twelve month low of $0.84 and a twelve month high of $3.77. The firm’s 50-day moving average price is $2.19 and its two-hundred day moving average price is $1.68.