Fintech Stocks Worth Watching – May 15th

MercadoLibre, Rocket Companies, and The Carlyle Group are the three Fintech stocks to watch today, according to MarketBeat’s stock screener tool. Fintech stocks are shares of publicly traded companies that develop or leverage technology to deliver or improve financial services—such as digital payments, online lending, mobile banking, robo-advisory and blockchain solutions. Buying fintech stocks gives investors exposure to firms driving innovation and disruption in the traditional financial sector by automating processes, enhancing user experience and expanding access to financial products. Their performance typically reflects factors like regulatory changes, technological adoption rates and consumer trust in digital finance platforms. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.

MercadoLibre (MELI)

MercadoLibre, Inc. operates online commerce platforms in the United States. It operates Mercado Libre Marketplace, an automated online commerce platform that enables businesses, merchants, and individuals to list merchandise and conduct sales and purchases digitally; and Mercado Pago FinTech platform, a financial technology solution platform, which facilitates transactions on and off its marketplaces by providing a mechanism that allows its users to send and receive payments online, as well as allows users to transfer money through their websites or on the apps.

Shares of NASDAQ MELI traded up $17.74 during midday trading on Thursday, reaching $2,581.74. The company’s stock had a trading volume of 247,353 shares, compared to its average volume of 428,716. The company has a current ratio of 1.25, a quick ratio of 1.22 and a debt-to-equity ratio of 0.78. MercadoLibre has a fifty-two week low of $1,550.00 and a fifty-two week high of $2,610.30. The stock has a market capitalization of $130.89 billion, a price-to-earnings ratio of 68.48, a PEG ratio of 1.12 and a beta of 1.61. The stock has a 50 day simple moving average of $2,110.31 and a 200-day simple moving average of $1,992.37.

Rocket Companies (RKT)

Rocket Companies, Inc., a fintech holding company, provides mortgage lending, title and settlement services, and other financial technology services in the United States and Canada. It operates through two segments, Direct to Consumer and Partner Network. The company’s solutions include Rocket Mortgage, a mortgage lender; Amrock that provides title insurance, property valuation, and settlement services; Rocket Homes, a home search platform and real estate agent referral network, which offers technology-enabled services to support the home buying and selling experience; and Rocket Loans, an online-based personal loans business.

RKT traded up $0.06 during trading on Thursday, reaching $12.66. 8,453,449 shares of the stock were exchanged, compared to its average volume of 5,366,363. The stock has a market cap of $25.27 billion, a P/E ratio of -79.13 and a beta of 2.33. Rocket Companies has a twelve month low of $10.06 and a twelve month high of $21.38. The stock’s 50 day moving average price is $13.02 and its two-hundred day moving average price is $13.05. The company has a debt-to-equity ratio of 1.51, a quick ratio of 15.47 and a current ratio of 15.47.

The Carlyle Group (CG)

The Carlyle Group Inc. is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.

CG traded down $0.29 during trading on Thursday, reaching $46.76. 2,189,474 shares of the stock were exchanged, compared to its average volume of 2,618,277. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.32 and a current ratio of 2.32. The stock’s 50 day moving average price is $40.47 and its two-hundred day moving average price is $47.92. The Carlyle Group has a twelve month low of $33.02 and a twelve month high of $57.50. The stock has a market cap of $16.87 billion, a P/E ratio of 16.82, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85.