Top Cryptocurrency Stocks To Follow Today – May 16th

Robinhood Markets, Bitdeer Technologies Group, HIVE Digital Technologies, Bitfarms, Cellebrite DI, AGM Group, and Bitcoin Depot are the seven Cryptocurrency stocks to watch today, according to MarketBeat’s stock screener tool. Cryptocurrency stocks are shares of publicly traded companies whose business models depend significantly on digital currencies, blockchain technology or related services. By buying these stocks, investors gain exposure to the price movements and adoption trends of cryptocurrencies without holding tokens directly. Examples include companies that mine digital coins, operate crypto exchanges or develop blockchain infrastructure. 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.

NASDAQ HOOD traded up $1.29 on Friday, reaching $61.97. The company’s stock had a trading volume of 11,462,251 shares, compared to its average volume of 26,333,196. The firm has a market cap of $54.87 billion, a PE ratio of 39.49, a price-to-earnings-growth ratio of 1.05 and a beta of 2.15. The business has a 50-day moving average price of $44.76 and a 200 day moving average price of $43.31. Robinhood Markets has a 52 week low of $13.98 and a 52 week high of $66.91.

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.

NASDAQ:BTDR traded up $0.89 on Friday, reaching $14.62. The stock had a trading volume of 2,045,201 shares, compared to its average volume of 4,788,454. Bitdeer Technologies Group has a 1-year low of $5.40 and a 1-year high of $26.99. The company has a market capitalization of $1.64 billion, a P/E ratio of -28.13 and a beta of 2.24. The stock has a fifty day moving average price of $9.93 and a 200-day moving average price of $13.89.

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 stock traded up $0.19 during trading hours on Friday, hitting $2.03. 9,764,318 shares of the company were exchanged, compared to its average volume of 6,637,046. The business has a 50 day moving average of $1.64 and a two-hundred day moving average of $2.73. The company has a current ratio of 10.41, a quick ratio of 10.41 and a debt-to-equity ratio of 0.03. HIVE Digital Technologies has a 52 week low of $1.26 and a 52 week high of $5.54. The company has a market capitalization of $358.77 million, a PE ratio of -40.70 and a beta of 3.52.

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 stock traded up $0.06 during trading hours on Friday, reaching $1.13. The stock had a trading volume of 12,788,797 shares, compared to its average volume of 28,426,697. The stock has a 50-day simple moving average of $0.95 and a 200 day simple moving average of $1.45. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.70 and a quick ratio of 3.68. The stock has a market capitalization of $606.60 million, a PE ratio of -3.12 and a beta of 3.69. Bitfarms has a fifty-two week low of $0.67 and a fifty-two week high of $3.28.

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.

Cellebrite DI stock traded up $0.14 during midday trading on Friday, hitting $17.41. The company’s stock had a trading volume of 609,541 shares, compared to its average volume of 1,449,853. Cellebrite DI has a 1-year low of $10.25 and a 1-year high of $26.30. The company has a market cap of $4.17 billion, a price-to-earnings ratio of -12.52, a PEG ratio of 4.27 and a beta of 1.44. The company has a 50-day moving average price of $19.02 and a two-hundred day moving average price of $20.24.

AGM Group (AGMH)

AGM Group Holdings Inc. operates as a technology company, engages in the research and development of blockchain-oriented ASIC chip in Singapore, Hong Kong, and China. The company offers MetaTrader 5, a futures trading solution; and foreign exchange trading system that provides services to financial institutions.

AGMH traded up $0.01 during trading on Friday, reaching $0.07. 139,305,004 shares of the company’s stock were exchanged, compared to its average volume of 23,657,755. AGM Group has a one year low of $0.02 and a one year high of $2.19. The firm has a fifty day moving average price of $0.07 and a two-hundred day moving average price of $0.86.

Bitcoin Depot (BTM)

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.

Shares of NASDAQ BTM traded up $0.48 during midday trading on Friday, reaching $2.57. The stock had a trading volume of 2,208,682 shares, compared to its average volume of 475,474. The firm has a market cap of $164.58 million, a price-to-earnings ratio of -2.72 and a beta of -0.27. Bitcoin Depot has a twelve month low of $0.93 and a twelve month high of $3.52. The company has a debt-to-equity ratio of 9.33, a quick ratio of 0.91 and a current ratio of 0.91. The company’s 50 day moving average price is $1.42 and its 200 day moving average price is $1.57.