Promising Financial Stocks To Watch Now – February 04th

iShares Bitcoin Trust, ServiceNow, Coinbase Global, Uber Technologies, and ProShares UltraPro Short QQQ are the five Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks are shares of companies within the financial services sector such as banks, insurance companies, and investment firms. These stocks represent ownership in companies that provide financial services and products, and their performance is often influenced by factors such as interest rates, economic indicators, and regulatory changes. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

iShares Bitcoin Trust (IBIT)

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

iShares Bitcoin Trust stock traded down $1.13 during mid-day trading on Tuesday, reaching $56.45. 21,238,672 shares of the company traded hands, compared to its average volume of 48,032,543. iShares Bitcoin Trust has a fifty-two week low of $24.13 and a fifty-two week high of $61.75. The firm’s fifty day moving average is $56.19 and its two-hundred day moving average is $44.27.

ServiceNow (NOW)

ServiceNow, Inc. provides end to-end intelligent workflow automation platform solutions for digital businesses in the North America, Europe, the Middle East and Africa, Asia Pacific, and internationally. The company operates the Now platform for end-to-end digital transformation, artificial intelligence, machine learning, robotic process automation, process mining, performance analytics, and collaboration and development tools.

NOW traded down $14.80 on Tuesday, reaching $1,006.14. 761,641 shares of the stock were exchanged, compared to its average volume of 1,684,316. The company’s 50-day moving average price is $1,083.05 and its 200 day moving average price is $959.36. The company has a debt-to-equity ratio of 0.15, a current ratio of 1.10 and a quick ratio of 1.10. The firm has a market capitalization of $207.26 billion, a PE ratio of 147.22, a PEG ratio of 4.74 and a beta of 0.99. ServiceNow has a fifty-two week low of $637.99 and a fifty-two week high of $1,198.09.

Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

NASDAQ COIN traded up $0.77 on Tuesday, hitting $285.18. 2,595,747 shares of the company’s stock traded hands, compared to its average volume of 8,047,986. The firm’s 50-day moving average price is $287.44 and its two-hundred day moving average price is $236.16. The firm has a market capitalization of $71.39 billion, a PE ratio of 48.80 and a beta of 3.61. Coinbase Global has a 1-year low of $114.51 and a 1-year high of $349.75. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.48.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Uber Technologies stock traded up $2.14 during midday trading on Tuesday, hitting $69.43. 10,420,744 shares of the company were exchanged, compared to its average volume of 24,494,490. Uber Technologies has a fifty-two week low of $54.84 and a fifty-two week high of $87.00. The firm has a market capitalization of $146.20 billion, a PE ratio of 34.54, a price-to-earnings-growth ratio of 0.77 and a beta of 1.39. The business has a fifty day simple moving average of $65.61 and a two-hundred day simple moving average of $70.09. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.41 and a current ratio of 1.41.

ProShares UltraPro Short QQQ (SQQQ)

ProShares UltraPro Short QQQ (the Fund) seeks daily investment results, which corresponds to three times the inverse of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the non-financial domestic and international issues listed on National Association of Securities Dealers Automated Quotation (NASDAQ) Stock Market.

Shares of ProShares UltraPro Short QQQ stock traded down $0.94 during trading hours on Tuesday, reaching $28.78. The stock had a trading volume of 23,440,525 shares, compared to its average volume of 54,946,125. ProShares UltraPro Short QQQ has a twelve month low of $27.23 and a twelve month high of $64.95. The stock’s 50 day moving average is $30.03 and its 200 day moving average is $36.34.