Financial Stocks To Watch Now – August 12th

BitMine Immersion Technologies, Circle Internet Group, Robinhood Markets, SEA, Coinbase Global, Salesforce, and UnitedHealth Group are the seven Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks are equity securities representing ownership in companies within the financial services sector—banks, insurance firms, asset managers, brokerages and other institutions that facilitate monetary flow. These shares entitle investors to dividends and potential capital gains based on the firms’ profitability. Because their earnings depend heavily on interest‐rate movements, credit conditions and regulatory policy, financial stocks often serve as a barometer of overall economic health. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

BitMine Immersion Technologies (BMNR)

BitMine Immersion Technologies, Inc. is a financial services company in the Banking industry.

BitMine Immersion Technologies stock traded up $2.32 during trading hours on Tuesday, hitting $61.30. The company had a trading volume of 88,851,019 shares, compared to its average volume of 9,547,035. The stock has a market cap of $263.77 million and a P/E ratio of -139.32. BitMine Immersion Technologies has a one year low of $1.93 and a one year high of $161.00.

Circle Internet Group (CRCL)

Founded in 2013, Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications.

Shares of CRCL traded up $4.40 during midday trading on Tuesday, reaching $165.57. 24,641,188 shares of the stock were exchanged, compared to its average volume of 28,063,467. The firm has a 50 day moving average of $186.13. The stock has a market capitalization of $36.85 billion and a P/E ratio of -13,084.40. Circle Internet Group has a twelve month low of $64.00 and a twelve month high of $298.99.

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.

Shares of NASDAQ:HOOD traded up $1.26 on Tuesday, reaching $114.88. 22,861,194 shares of the company’s stock were exchanged, compared to its average volume of 41,707,410. Robinhood Markets has a twelve month low of $18.36 and a twelve month high of $117.70. The company has a fifty day moving average of $92.24 and a 200-day moving average of $64.62. The company has a market capitalization of $102.09 billion, a price-to-earnings ratio of 58.21, a PEG ratio of 4.37 and a beta of 2.36.

SEA (SE)

Sea Ltd. is an internet and mobile platform company, which engages in the provision of online gaming services. It operates through the following segments: Digital Entertainment, E-Commerce, and Digital Financial Services. The Digital Entertainment segment offers and develops mobile and PC online games.

SEA stock traded up $28.70 during mid-day trading on Tuesday, reaching $174.93. 14,014,920 shares of the company were exchanged, compared to its average volume of 4,620,915. The company has a fifty day simple moving average of $156.26 and a 200-day simple moving average of $141.12. The firm has a market cap of $103.05 billion, a PE ratio of 123.22 and a beta of 1.58. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.51 and a quick ratio of 1.49. SEA has a 12 month low of $70.00 and a 12 month high of $178.00.

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.

COIN stock traded up $1.45 during midday trading on Tuesday, reaching $321.07. The company had a trading volume of 6,262,105 shares, compared to its average volume of 11,611,969. Coinbase Global has a 1-year low of $142.58 and a 1-year high of $444.64. The stock has a 50 day moving average price of $334.34 and a 200-day moving average price of $259.98. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.12 and a quick ratio of 2.13. The company has a market capitalization of $82.50 billion, a price-to-earnings ratio of 30.91 and a beta of 3.70.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

CRM traded up $0.63 during trading on Tuesday, hitting $233.31. 7,811,676 shares of the stock traded hands, compared to its average volume of 7,131,938. The business has a 50 day moving average price of $262.89 and a 200 day moving average price of $278.04. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.07 and a quick ratio of 1.07. Salesforce has a twelve month low of $226.48 and a twelve month high of $369.00. The company has a market cap of $223.05 billion, a price-to-earnings ratio of 36.48, a PEG ratio of 2.18 and a beta of 1.37.

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.

Shares of UNH stock traded up $6.91 on Tuesday, reaching $259.28. The company had a trading volume of 6,904,894 shares, compared to its average volume of 12,067,073. The business’s 50-day moving average is $290.74 and its 200 day moving average is $403.22. The stock has a market capitalization of $235.21 billion, a PE ratio of 11.24, a price-to-earnings-growth ratio of 1.62 and a beta of 0.43. UnitedHealth Group has a one year low of $234.60 and a one year high of $630.73. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.73.