Best Cryptocurrency Stocks To Watch Now – February 11th

Robinhood Markets, Bitdeer Technologies Group, and Bitfarms are the three Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks refer to shares of publicly traded companies that are involved in the cryptocurrency industry, including mining operations, blockchain technology development, digital asset management, and related services. These stocks offer investors exposure to the growing cryptocurrency sector without directly owning digital 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.

Shares of Robinhood Markets stock traded down $1.94 on Tuesday, hitting $54.33. 9,026,395 shares of the company traded hands, compared to its average volume of 20,290,117. The company has a market cap of $48.03 billion, a PE ratio of 91.58, a PEG ratio of 0.73 and a beta of 2.13. Robinhood Markets has a 12-month low of $11.43 and a 12-month high of $57.27. The company has a 50-day moving average price of $43.87 and a 200 day moving average price of $31.51.

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.

Bitdeer Technologies Group stock traded down $0.36 on Tuesday, reaching $17.05. 1,661,406 shares of the stock were exchanged, compared to its average volume of 6,883,325. The stock has a market cap of $1.91 billion, a PE ratio of -32.65 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. The firm has a fifty day moving average price of $19.84 and a two-hundred day moving average price of $12.33.

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.

Bitfarms stock traded down $0.04 on Tuesday, reaching $1.36. 18,873,632 shares of the stock were exchanged, compared to its average volume of 42,667,941. The firm has a fifty day moving average price of $1.69 and a two-hundred day moving average price of $1.97. The stock has a market cap of $613.72 million, a PE ratio of -3.74 and a beta of 3.64. The company has a current ratio of 3.70, a quick ratio of 3.68 and a debt-to-equity ratio of 0.04. Bitfarms has a twelve month low of $1.31 and a twelve month high of $3.91.