Fintech Stocks To Keep An Eye On – May 9th

MercadoLibre, Rocket Companies, TaskUs, The Carlyle Group, and Q2 are the five Fintech stocks to watch today, according to MarketBeat’s stock screener tool. Fintech stocks are shares of publicly traded companies that use technology to deliver or improve financial services—ranging from digital payments and online lending to robo-advisory, insurtech, and blockchain solutions. By investing in fintech stocks, you gain exposure to firms driving innovation in banking, insurance, wealth management, and other financial sectors, though these companies often carry higher regulatory and execution risks as the industry evolves. 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 MELI traded up $21.62 during midday trading on Friday, reaching $2,431.62. The stock had a trading volume of 262,829 shares, compared to its average volume of 430,030. The company has a market capitalization of $123.28 billion, a price-to-earnings ratio of 64.50, a price-to-earnings-growth ratio of 1.12 and a beta of 1.61. 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 12-month low of $1,550.00 and a 12-month high of $2,501.00. The company’s 50-day moving average is $2,074.13 and its 200 day moving average is $1,979.77.

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.

Shares of RKT traded down $0.35 during mid-day trading on Friday, reaching $11.30. The company’s stock had a trading volume of 15,482,878 shares, compared to its average volume of 8,565,580. The stock has a market cap of $22.56 billion, a PE ratio of -70.63 and a beta of 2.33. The company’s fifty day moving average price is $13.24 and its two-hundred day moving average price is $13.18. The company has a current ratio of 15.47, a quick ratio of 15.47 and a debt-to-equity ratio of 1.51. Rocket Companies has a 52 week low of $10.06 and a 52 week high of $21.38.

TaskUs (TASK)

TaskUs, Inc. provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions.

TASK stock traded up $2.59 during trading on Friday, hitting $16.97. 6,525,472 shares of the company traded hands, compared to its average volume of 410,136. The firm has a market capitalization of $1.53 billion, a PE ratio of 28.76, a P/E/G ratio of 3.92 and a beta of 2.16. TaskUs has a 1 year low of $10.57 and a 1 year high of $19.60. The company has a debt-to-equity ratio of 0.50, a quick ratio of 3.02 and a current ratio of 3.02. The company has a 50-day moving average of $13.30 and a 200-day moving average of $14.69.

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.

Shares of NASDAQ CG traded up $1.17 during mid-day trading on Friday, hitting $42.43. The stock had a trading volume of 1,488,334 shares, compared to its average volume of 3,044,114. The firm has a market cap of $15.31 billion, a P/E ratio of 15.26, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85. 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 business has a 50 day moving average price of $40.41 and a two-hundred day moving average price of $48.05. The Carlyle Group has a 1 year low of $33.02 and a 1 year high of $57.50.

Q2 (QTWO)

Q2 Holdings, Inc. provides cloud-based digital solutions to regional and community financial institutions in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform supports its financial institution customers in their delivery of unified digital banking services across digital channels.

Shares of QTWO stock traded down $1.12 during mid-day trading on Friday, reaching $89.67. The stock had a trading volume of 411,054 shares, compared to its average volume of 750,983. The firm has a market capitalization of $5.59 billion, a PE ratio of -137.95 and a beta of 1.47. The stock’s 50-day moving average price is $77.45 and its two-hundred day moving average price is $90.09. The company has a current ratio of 1.40, a quick ratio of 1.40 and a debt-to-equity ratio of 0.58. Q2 has a 52-week low of $55.97 and a 52-week high of $112.82.