Top Blockchain Stocks To Consider – April 19th

Oracle, Applied Digital, Riot Platforms, SMX (Security Matters) Public, and Core Scientific are the five Blockchain stocks to watch today, according to MarketBeat’s stock screener tool. Blockchain stocks are shares of companies that are involved in developing, integrating, or utilizing blockchain technology as part of their business operations. These companies typically span various industries, including finance, supply chain, and cybersecurity, and are seen by investors as a way to gain exposure to the potential growth and innovation driven by blockchain technology without directly investing in cryptocurrencies. 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 Oracle stock traded down $1.20 during trading on Friday, hitting $128.56. The stock had a trading volume of 8,919,409 shares, compared to its average volume of 9,320,254. Oracle has a 12 month low of $112.78 and a 12 month high of $198.31. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 5.65. The firm has a market cap of $359.58 billion, a price-to-earnings ratio of 31.43, a P/E/G ratio of 3.46 and a beta of 1.22. The business’s 50-day moving average is $150.85 and its 200 day moving average is $166.34.

Applied Digital (APLD)

Applied Digital Corporation designs, develops, and operates datacenters in North America. Its datacenters provide digital infrastructure solutions to the high-performance computing industry. The company also provides artificial intelligence cloud services, high performance computing datacenter hosting, and crypto datacenter hosting services.

Applied Digital stock traded down $0.14 during mid-day trading on Friday, hitting $3.94. 36,300,379 shares of the company traded hands, compared to its average volume of 28,302,324. The stock has a fifty day moving average price of $6.78 and a 200-day moving average price of $7.78. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.77 and a current ratio of 0.77. The stock has a market cap of $885.39 million, a price-to-earnings ratio of -2.28 and a beta of 5.18. Applied Digital has a one year low of $2.36 and a one year high of $12.48.

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.

RIOT stock traded up $0.10 during mid-day trading on Friday, hitting $6.46. 20,939,835 shares of the stock were exchanged, compared to its average volume of 25,734,312. The stock has a market capitalization of $2.26 billion, a price-to-earnings ratio of 15.02 and a beta of 4.60. Riot Platforms has a 12 month low of $6.19 and a 12 month high of $15.87. The business has a fifty day moving average price of $8.36 and a 200 day moving average price of $10.31.

SMX (Security Matters) Public (SMX)

SMX (Security Matters) Public Limited Company, through its subsidiaries, engages in the development and commercialization of track and trace technologies for various industries. It owns and commercializes technology to mark various objects, such as solid, liquid, or gas allowing identification, circularity, proof of authenticity, tracking supply chain movements, and quality assurance.

NASDAQ:SMX traded up $0.84 during trading hours on Friday, reaching $2.30. The company’s stock had a trading volume of 38,752,558 shares, compared to its average volume of 572,334. The firm has a 50-day simple moving average of $2.23 and a 200-day simple moving average of $14.25. SMX has a 1 year low of $1.20 and a 1 year high of $619.88.

Core Scientific (CORZ)

Core Scientific, Inc. provides digital asset mining services in North America. It operates through two segments, Mining and Hosting. The company offers blockchain infrastructure, software solutions, and services; and operates data center mining facilities. It also mines digital assets for its own account; and provides hosting services for other large bitcoin miners, which include deployment, monitoring, trouble shooting, optimization, and maintenance of its customers' digital asset mining equipment.

CORZ traded up $0.04 on Friday, hitting $6.63. 9,748,300 shares of the company were exchanged, compared to its average volume of 12,485,531. The stock has a market capitalization of $1.96 billion, a PE ratio of -1.23 and a beta of 6.80. Core Scientific has a 12 month low of $2.86 and a 12 month high of $18.63. The firm has a fifty day simple moving average of $8.81 and a two-hundred day simple moving average of $12.54.