Best Financial Stocks To Consider – July 29th

UnitedHealth Group, SoFi Technologies, and Coinbase Global are the three Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks are shares of publicly traded companies whose primary business is providing financial services—such as banking, insurance, brokerage, and asset management. Owning these stocks gives investors an equity stake in firms that earn revenue from lending, underwriting, trading, and advising. Because their profitability depends heavily on interest rates, credit conditions and regulatory policies, financial stocks often move with monetary policy shifts and broader economic cycles. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

NYSE:UNH traded down $13.58 during mid-day trading on Tuesday, reaching $268.54. The company’s stock had a trading volume of 26,908,385 shares, compared to its average volume of 11,486,181. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.71. UnitedHealth Group has a 12-month low of $248.88 and a 12-month high of $630.73. The stock has a market cap of $243.61 billion, a P/E ratio of 11.22, a PEG ratio of 1.39 and a beta of 0.45. The firm’s fifty day moving average price is $300.91 and its two-hundred day moving average price is $422.56.

SoFi Technologies (SOFI)

SoFi Technologies, Inc. provides various financial services in the United States, Latin America, and Canada. It operates through three segments: Lending, Technology Platform, and Financial Services. The company offers lending and financial services and products that allows its members to borrow, save, spend, invest, and protect money.

Shares of NASDAQ:SOFI traded up $2.96 during trading on Tuesday, hitting $23.98. The company’s stock had a trading volume of 147,813,097 shares, compared to its average volume of 58,686,559. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.80 and a quick ratio of 0.14. SoFi Technologies has a 12 month low of $6.01 and a 12 month high of $25.11. The firm has a market cap of $26.51 billion, a price-to-earnings ratio of 58.49, a P/E/G ratio of 3.58 and a beta of 1.91. The company has a 50-day moving average of $16.88 and a 200-day moving average of $14.66.

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 NASDAQ COIN traded down $10.73 during trading on Tuesday, hitting $368.76. The company had a trading volume of 5,575,432 shares, compared to its average volume of 11,389,721. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.52 and a current ratio of 2.52. Coinbase Global has a 12 month low of $142.58 and a 12 month high of $444.64. The firm has a market capitalization of $93.62 billion, a P/E ratio of 68.83, a price-to-earnings-growth ratio of 29.86 and a beta of 3.70. The stock has a 50 day simple moving average of $319.92 and a 200 day simple moving average of $256.73.