Technology Stocks To Follow Today – May 18th

NVIDIA, Coinbase Global, and Meta Platforms are the three Technology stocks to watch today, according to MarketBeat’s stock screener tool. Technology stocks are the publicly traded shares of companies whose core businesses involve developing, manufacturing or distributing technology products and services—ranging from software and hardware to semiconductors and internet platforms. Because these firms operate in rapidly evolving markets, their shares often exhibit higher growth potential and greater price volatility compared with more mature industry sectors. These companies had the highest dollar trading volume of any Technology stocks within the last several days.

NVIDIA (NVDA)

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.

NVDA stock traded up $0.57 during mid-day trading on Friday, hitting $135.40. 221,859,039 shares of the company were exchanged, compared to its average volume of 294,737,502. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. NVIDIA has a 1-year low of $86.62 and a 1-year high of $195.95. The firm’s 50 day simple moving average is $112.33 and its 200 day simple moving average is $126.97. The firm has a market cap of $3.31 trillion, a P/E ratio of 53.29, a P/E/G ratio of 1.76 and a beta of 2.11.

Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

Shares of COIN stock traded up $22.02 during trading hours on Friday, hitting $266.46. 72,432,540 shares of the company were exchanged, compared to its average volume of 10,170,915. Coinbase Global has a 52 week low of $142.58 and a 52 week high of $349.75. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.41. The business has a 50 day moving average of $191.65 and a two-hundred day moving average of $244.29. The company has a market capitalization of $67.65 billion, a PE ratio of 28.05 and a beta of 3.62.

Meta Platforms (META)

Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality headsets, and wearables worldwide. It operates in two segments, Family of Apps and Reality Labs. The Family of Apps segment offers Facebook, which enables people to share, discuss, discover, and connect with interests; Instagram, a community for sharing photos, videos, and private messages, as well as feed, stories, reels, video, live, and shops; Messenger, a messaging application for people to connect with friends, family, communities, and businesses across platforms and devices through text, audio, and video calls; and WhatsApp, a messaging application that is used by people and businesses to communicate and transact privately.

META traded down $3.54 during trading on Friday, hitting $640.34. The company had a trading volume of 18,351,566 shares, compared to its average volume of 14,546,315. The company has a market capitalization of $1.61 trillion, a PE ratio of 26.77, a PEG ratio of 1.42 and a beta of 1.24. The company has a quick ratio of 2.98, a current ratio of 2.98 and a debt-to-equity ratio of 0.16. Meta Platforms has a one year low of $442.65 and a one year high of $740.91. The firm’s 50-day moving average price is $571.37 and its 200 day moving average price is $606.82.