Top Blockchain Stocks To Keep An Eye On – May 15th

Oracle, Riot Platforms, and Globant are the three Blockchain stocks to watch today, according to MarketBeat’s stock screener tool. Blockchain stocks are shares of publicly traded companies that develop, support, or use blockchain technology in their operations. These can include firms building distributed-ledger platforms, cryptocurrency miners, or businesses integrating blockchain to enhance transparency and security. By buying blockchain stocks, investors gain exposure to the growth and innovation of decentralized digital ledgers across various industries. These companies had the highest dollar trading volume of any Blockchain stocks within the last several days.

Oracle (ORCL)

Oracle Corporation offers products and services that address enterprise information technology environments worldwide. Its Oracle cloud software as a service offering include various cloud software applications, including Oracle Fusion cloud enterprise resource planning (ERP), Oracle Fusion cloud enterprise performance management, Oracle Fusion cloud supply chain and manufacturing management, Oracle Fusion cloud human capital management, Oracle Cerner healthcare, Oracle Advertising, and NetSuite applications suite, as well as Oracle Fusion Sales, Service, and Marketing.

Shares of ORCL traded down $2.02 during mid-day trading on Thursday, hitting $160.93. 2,828,214 shares of the company traded hands, compared to its average volume of 9,413,680. Oracle has a 1 year low of $114.55 and a 1 year high of $198.31. The stock has a market cap of $450.11 billion, a price-to-earnings ratio of 39.37, a P/E/G ratio of 3.46 and a beta of 1.27. The company has a debt-to-equity ratio of 5.65, a quick ratio of 0.81 and a current ratio of 0.81. The stock has a 50-day moving average price of $142.39 and a two-hundred day moving average price of $162.75.

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Shares of NASDAQ RIOT traded down $0.28 during midday trading on Thursday, reaching $8.63. The stock had a trading volume of 10,641,500 shares, compared to its average volume of 26,051,928. The stock has a 50-day moving average of $7.56 and a 200-day moving average of $10.21. Riot Platforms has a 12-month low of $6.19 and a 12-month high of $15.87. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of 20.22 and a beta of 4.74.

Globant (GLOB)

Globant S.A., together with its subsidiaries, provides technology services worldwide. It provides digital solutions comprising blockchain, cloud technologies, cybersecurity, data and artificial intelligence, digital experience and performance, code, Internet of Things, metaverse, and engineering and testing; and enterprise technology solutions and services, such as Agile organization, Cultural Hacking, process optimization services, as well as AWS, Google Cloud, Microsoft, Oracle, SalesForce, SAP, and ServiceNow technology solutions.

GLOB stock traded down $1.19 during trading on Thursday, hitting $132.49. 622,524 shares of the company’s stock traded hands, compared to its average volume of 623,126. Globant has a 52 week low of $96.23 and a 52 week high of $238.32. The business has a fifty day simple moving average of $119.35 and a 200 day simple moving average of $178.84. The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 35.65, a P/E/G ratio of 2.38 and a beta of 1.37.