Top Cryptocurrency Stocks To Research – February 09th

Robinhood Markets, Bitfarms, Cellebrite DI, Bitdeer Technologies Group, HIVE Digital Technologies, MoneyLion, and BTC Digital are the seven Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks refer to publicly traded companies that are involved in the development, use, or exchange of cryptocurrencies or blockchain technology. These stocks are reflective of the performance and growth of these companies within the digital currency market. Investors can trade these stocks on traditional stock exchanges alongside other types of assets. 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.

HOOD stock traded up $2.69 during midday trading on Friday, hitting $55.86. 24,890,536 shares of the company traded hands, compared to its average volume of 19,924,428. The business has a 50 day simple moving average of $43.49 and a 200-day simple moving average of $31.19. The stock has a market capitalization of $49.38 billion, a price-to-earnings ratio of 94.68, a price-to-earnings-growth ratio of 0.73 and a beta of 2.13. Robinhood Markets has a twelve month low of $11.00 and a twelve month high of $55.98.

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.

BITF traded up $0.01 during trading on Friday, hitting $1.42. The stock had a trading volume of 41,204,187 shares, compared to its average volume of 41,621,164. 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 12 month low of $1.31 and a 12 month high of $3.91. The company has a 50 day simple moving average of $1.70 and a 200-day simple moving average of $1.98.

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.

Shares of NASDAQ:CLBT traded up $0.20 during midday trading on Friday, hitting $25.41. The company’s stock had a trading volume of 2,173,997 shares, compared to its average volume of 1,762,856. Cellebrite DI has a fifty-two week low of $8.91 and a fifty-two week high of $26.30. The stock’s 50 day simple moving average is $22.31 and its 200 day simple moving average is $18.81.

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.

BTDR traded up $0.40 during midday trading on Friday, reaching $16.66. The company’s stock had a trading volume of 3,315,744 shares, compared to its average volume of 6,500,237. The company has a fifty day simple moving average of $19.77 and a 200 day simple moving average of $12.25. The stock has a market cap of $1.87 billion, a P/E ratio of -32.04 and a beta of 2.04. Bitdeer Technologies Group has a twelve month low of $5.23 and a twelve month high of $26.99.

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 traded down $0.02 during mid-day trading on Friday, hitting $2.83. The company’s stock had a trading volume of 14,654,848 shares, compared to its average volume of 10,176,283. HIVE Digital Technologies has a one year low of $2.18 and a one year high of $5.54. The stock’s 50-day moving average is $3.28 and its two-hundred day moving average is $3.40. The company has a quick ratio of 5.56, a current ratio of 5.56 and a debt-to-equity ratio of 0.06.

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.

MoneyLion stock traded down $0.13 during mid-day trading on Friday, reaching $87.36. The company had a trading volume of 118,128 shares, compared to its average volume of 140,931. The firm has a market cap of $969.70 million, a price-to-earnings ratio of 397.09 and a beta of 3.06. The company has a 50 day moving average of $86.47 and a 200-day moving average of $64.75. MoneyLion has a 52 week low of $36.65 and a 52 week high of $106.82.

BTC Digital (METX)

Shares of METX traded down $0.01 during trading hours on Friday, reaching $5.83. 753,915 shares of the company traded hands, compared to its average volume of 33,951. The stock’s fifty day moving average is $6.95 and its 200 day moving average is $4.86. BTC Digital has a 1-year low of $1.75 and a 1-year high of $9.93.