Top Mid Cap Stocks To Watch Now – May 9th

Direxion Daily TSLA Bull 2X Shares, ProShares UltraPro Short QQQ, D-Wave Quantum, Lyft, and MARA are the five Mid Cap stocks to watch today, according to MarketBeat’s stock screener tool. Mid‐cap stocks are shares of companies whose total market capitalization typically falls between about $2 billion and $10 billion, placing them between small-cap and large-cap firms. They often offer a mix of growth potential and greater stability than smaller companies, making them a popular choice for investors seeking a balanced risk-reward profile. These companies had the highest dollar trading volume of any Mid Cap stocks within the last several days.

Direxion Daily TSLA Bull 2X Shares (TSLL)

NASDAQ TSLL traded up $0.89 on Friday, hitting $11.26. 229,101,984 shares of the stock were exchanged, compared to its average volume of 89,910,146. The company’s 50-day moving average price is $9.26 and its two-hundred day moving average price is $18.24. Direxion Daily TSLA Bull 2X Shares has a 52-week low of $6.29 and a 52-week high of $41.50. The company has a market capitalization of $5.52 billion, a price-to-earnings ratio of 48.19 and a beta of -5.14.

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 NASDAQ SQQQ traded up $0.06 during mid-day trading on Friday, hitting $28.78. The company had a trading volume of 65,267,925 shares, compared to its average volume of 52,585,881. The business’s 50-day simple moving average is $36.54 and its 200-day simple moving average is $32.85. ProShares UltraPro Short QQQ has a 12 month low of $26.21 and a 12 month high of $57.95.

D-Wave Quantum (QBTS)

D-Wave Quantum Inc. develops and delivers quantum computing systems, software, and services worldwide. The company offers Advantage, a fifth-generation quantum computer; Ocean, a suite of open-source python tools; and Leap, a cloud-based service that provides real-time access to a live quantum computer, as well as access to Advantage, hybrid solvers, the Ocean software development kit, live code, demos, learning resources, and a vibrant developer community.

NYSE QBTS traded up $0.63 during trading hours on Friday, hitting $11.05. The company’s stock had a trading volume of 141,465,025 shares, compared to its average volume of 70,524,227. The firm has a market capitalization of $3.22 billion, a P/E ratio of -26.31 and a beta of 0.90. D-Wave Quantum has a twelve month low of $0.75 and a twelve month high of $11.95. The stock has a fifty day moving average of $7.29 and a 200 day moving average of $5.71.

Lyft (LYFT)

Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. It operates multimodal transportation networks that offer access to various transportation options through the Lyft platform and mobile-based applications. The company's platform provides a ridesharing marketplace, which connects drivers with riders; Express Drive, a car rental program for drivers; and a network of shared bikes and scooters in various cities to address the needs of riders for short trips.

Lyft stock traded up $3.39 during midday trading on Friday, reaching $16.39. 83,061,103 shares of the company’s stock were exchanged, compared to its average volume of 15,714,526. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.75 and a current ratio of 0.76. The stock’s 50-day simple moving average is $11.75 and its 200 day simple moving average is $13.57. Lyft has a 52 week low of $8.93 and a 52 week high of $19.07. The firm has a market cap of $6.85 billion, a price-to-earnings ratio of 273.17, a P/E/G ratio of 1.90 and a beta of 2.14.

MARA (MARA)

Shares of MARA stock traded up $1.15 during midday trading on Friday, hitting $15.44. 75,305,369 shares of the company traded hands, compared to its average volume of 44,968,970. The firm’s fifty day moving average price is $13.04 and its 200-day moving average price is $17.27. The stock has a market cap of $5.43 billion, a price-to-earnings ratio of 19.54 and a beta of 6.82. MARA has a 12 month low of $9.81 and a 12 month high of $30.28. The company has a debt-to-equity ratio of 0.22, a quick ratio of 4.00 and a current ratio of 4.00.