Fintech Stocks To Add to Your Watchlist – May 16th

MercadoLibre, Rocket Companies, The Carlyle Group, WEX, and Joint Stock Company Kaspi.kz are the five Fintech stocks to watch today, according to MarketBeat’s stock screener tool. Fintech stocks are shares of publicly traded companies that blend financial services with modern technology—such as digital payments, online lending platforms, blockchain solutions or robo-advisors—to improve and automate banking, investing or insurance processes. Investors in these stocks seek exposure to the rapid innovation and growth potential of tech-driven finance, though they may also face heightened regulatory and competitive risks. 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.

MELI traded up $0.57 during midday trading on Friday, hitting $2,587.06. 172,547 shares of the company traded hands, compared to its average volume of 382,113. The company has a market capitalization of $131.16 billion, a price-to-earnings ratio of 68.71, a PEG ratio of 1.12 and a beta of 1.61. The business has a 50 day simple moving average of $2,123.15 and a two-hundred day simple moving average of $1,996.02. 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 52-week low of $1,550.00 and a 52-week high of $2,612.49.

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.

Rocket Companies stock traded up $0.59 during midday trading on Friday, reaching $13.36. The company had a trading volume of 15,951,398 shares, compared to its average volume of 5,433,102. The company has a debt-to-equity ratio of 1.51, a current ratio of 15.47 and a quick ratio of 15.47. Rocket Companies has a 12-month low of $10.06 and a 12-month high of $21.38. The company has a market capitalization of $26.68 billion, a P/E ratio of -83.66 and a beta of 2.33. The firm’s fifty day simple moving average is $13.01 and its 200-day simple moving average is $13.03.

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 stock traded up $0.61 during midday trading on Friday, reaching $47.61. The stock had a trading volume of 2,132,581 shares, compared to its average volume of 2,626,898. The Carlyle Group has a 52-week low of $33.02 and a 52-week high of $57.50. The company has a market cap of $17.18 billion, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85. The company’s fifty day simple moving average is $40.61 and its 200 day simple moving average is $47.89. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42.

WEX (WEX)

WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings.

Shares of NYSE:WEX traded up $2.25 during midday trading on Friday, hitting $139.50. The company’s stock had a trading volume of 158,226 shares, compared to its average volume of 560,808. The company has a market cap of $4.78 billion, a P/E ratio of 18.60, a price-to-earnings-growth ratio of 2.06 and a beta of 1.26. WEX has a 12-month low of $110.45 and a 12-month high of $217.47. The business’s 50 day simple moving average is $136.88 and its 200 day simple moving average is $160.86. The company has a debt-to-equity ratio of 2.07, a quick ratio of 1.04 and a current ratio of 1.02.

Joint Stock Company Kaspi.kz (KSPI)

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.

NASDAQ KSPI traded up $1.76 on Friday, reaching $83.80. 229,058 shares of the company were exchanged, compared to its average volume of 296,877. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.04. The business’s fifty day moving average price is $89.42 and its 200 day moving average price is $97.96. The stock has a market capitalization of $16.72 billion, a P/E ratio of 8.09 and a beta of 1.48. Joint Stock Company Kaspi.kz has a fifty-two week low of $77.80 and a fifty-two week high of $143.72.