Financial Stocks Worth Watching – February 09th

Uber Technologies, Cloudflare, Salesforce, iShares Bitcoin Trust, and Coinbase Global are the five Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks are shares of companies within the financial sector, such as banks, investment firms, insurance companies, and other financial institutions. These stocks represent ownership in financial businesses and can provide investors with opportunities for capital appreciation and dividend income based on the performance of the financial sector in the economy. These companies had the highest dollar trading volume of any Financial stocks within the last several days.

Uber Technologies (UBER)

Uber Technologies, Inc. develops and operates proprietary technology applications in the United States, Canada, Latin America, Europe, the Middle East, Africa, and Asia excluding China and Southeast Asia. It operates through three segments: Mobility, Delivery, and Freight. The Mobility segment connects consumers with a range of transportation modalities, such as ridesharing, carsharing, micromobility, rentals, public transit, taxis, and other modalities; and offers riders in a variety of vehicle types, as well as financial partnerships products and advertising services.

Shares of NYSE:UBER traded up $4.77 on Friday, reaching $74.76. 81,720,795 shares of the company traded hands, compared to its average volume of 27,054,076. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.07 and a quick ratio of 1.41. The stock has a market capitalization of $157.43 billion, a PE ratio of 16.40, a P/E/G ratio of 0.81 and a beta of 1.39. The company’s 50 day moving average is $65.34 and its 200-day moving average is $70.12. Uber Technologies has a fifty-two week low of $54.84 and a fifty-two week high of $87.00.

Cloudflare (NET)

Cloudflare, Inc. operates as a cloud services provider that delivers a range of services to businesses worldwide. The company provides an integrated cloud-based security solution to secure a range of combination of platforms, including public cloud, private cloud, on-premise, software-as-a-service applications, and IoT devices; and website and application security products comprising web application firewall, bot management, distributed denial of service, API gateways, SSL/TLS encryption, script management, security center, and rate limiting products.

Shares of NYSE:NET traded up $25.36 during midday trading on Friday, reaching $166.88. The company had a trading volume of 15,069,692 shares, compared to its average volume of 3,196,727. The company has a fifty day simple moving average of $118.89 and a two-hundred day simple moving average of $96.85. Cloudflare has a 1-year low of $66.24 and a 1-year high of $171.38. The company has a current ratio of 3.37, a quick ratio of 3.37 and a debt-to-equity ratio of 1.32.

Salesforce (CRM)

Salesforce, Inc. provides Customer Relationship Management (CRM) technology that brings companies and customers together worldwide. The company's service includes sales to store data, monitor leads and progress, forecast opportunities, gain insights through analytics and artificial intelligence, and deliver quotes, contracts, and invoices; and service that enables companies to deliver trusted and highly personalized customer support at scale.

CRM stock traded down $5.00 during mid-day trading on Friday, reaching $325.81. 7,612,759 shares of the stock traded hands, compared to its average volume of 6,522,191. Salesforce has a 52-week low of $212.00 and a 52-week high of $369.00. The stock’s fifty day moving average is $338.97 and its 200-day moving average is $300.67. The company has a market cap of $311.80 billion, a P/E ratio of 53.59, a P/E/G ratio of 2.66 and a beta of 1.31. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.14.

iShares Bitcoin Trust (IBIT)

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.

Shares of IBIT stock traded down $0.65 during trading hours on Friday, reaching $54.47. 40,841,193 shares of the stock traded hands, compared to its average volume of 47,199,074. The business has a fifty day moving average price of $56.35 and a 200 day moving average price of $44.86. iShares Bitcoin Trust has a 1-year low of $25.64 and a 1-year high of $61.75.

Coinbase Global (COIN)

Coinbase Global, Inc. provides financial infrastructure and technology for the crypto economy in the United States and internationally. The company offers the primary financial account in the crypto economy for consumers; and a marketplace with a pool of liquidity for transacting in crypto assets for institutions.

NASDAQ:COIN traded up $4.12 during trading hours on Friday, hitting $274.49. 7,866,585 shares of the stock traded hands, compared to its average volume of 7,607,109. The firm has a 50 day moving average price of $285.22 and a 200 day moving average price of $236.75. The firm has a market cap of $68.72 billion, a price-to-earnings ratio of 46.84 and a beta of 3.61. Coinbase Global has a fifty-two week low of $125.81 and a fifty-two week high of $349.75. The company has a current ratio of 1.03, a quick ratio of 1.03 and a debt-to-equity ratio of 0.48.