Best Blockchain Stocks To Watch Now – April 3rd

Oracle, Riot Platforms, and Core Scientific are the three Blockchain stocks to watch today, according to MarketBeat’s stock screener tool. Blockchain stocks are shares of publicly traded companies that are either significantly engaged in developing blockchain technology, integrating it into their operations, or capitalizing on its use across various industries. Investors in these stocks gain exposure to the emerging blockchain sector through traditional equity markets, providing a way to participate in blockchain innovation without directly purchasing 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.

ORCL stock traded down $8.01 during mid-day trading on Thursday, reaching $137.85. The company had a trading volume of 5,461,370 shares, compared to its average volume of 9,025,248. Oracle has a fifty-two week low of $112.78 and a fifty-two week high of $198.31. The company has a market capitalization of $385.56 billion, a price-to-earnings ratio of 33.70, a price-to-earnings-growth ratio of 3.46 and a beta of 1.07. 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 firm has a fifty day simple moving average of $162.14 and a 200 day simple moving average of $169.85.

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.

NASDAQ:RIOT traded down $0.69 during mid-day trading on Thursday, hitting $7.33. The stock had a trading volume of 9,107,470 shares, compared to its average volume of 25,387,938. Riot Platforms has a twelve month low of $6.36 and a twelve month high of $15.87. The company has a market capitalization of $2.57 billion, a PE ratio of 17.05 and a beta of 4.36. The stock has a 50-day simple moving average of $9.76 and a two-hundred day simple moving average of $10.40.

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.

Shares of CORZ traded down $1.08 during midday trading on Thursday, reaching $7.34. The stock had a trading volume of 8,872,299 shares, compared to its average volume of 11,826,097. Core Scientific has a 1-year low of $2.61 and a 1-year high of $18.63. The company has a market cap of $2.16 billion, a price-to-earnings ratio of -1.36 and a beta of 6.83. The company’s fifty day simple moving average is $10.43 and its two-hundred day simple moving average is $13.05.