Best Fintech Stocks Worth Watching – November 13th

Rocket Companies, Joint Stock Company Kaspi.kz, Wealthfront, UP Fintech, and IDT are the five Fintech stocks to watch today, according to MarketBeat’s stock screener tool. Fintech stocks are shares of companies that use technology to provide or improve financial services, such as payments, online lending, digital banking, or investing platforms. For stock market investors, the term describes a broad sector rather than a single type of security, and these stocks can vary widely in business models and risk. These companies had the highest dollar trading volume of any Fintech stocks within the last several days.

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.

NYSE RKT traded up $0.10 during trading hours on Friday, hitting $13.80. 11,462,174 shares of the company were exchanged, compared to its average volume of 30,728,574. The company has a quick ratio of 3.77, a current ratio of 3.77 and a debt-to-equity ratio of 1.02. The firm has a market cap of $39.18 billion, a price-to-earnings ratio of 30.66, a PEG ratio of 4.37 and a beta of 2.27. The company has a 50 day moving average of $12.50 and a two-hundred day moving average of $14.41. Rocket Companies has a 52-week low of $10.18 and a 52-week high of $24.36.

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.

Shares of KSPI stock traded up $0.99 during trading hours on Friday, reaching $89.63. 297,901 shares of the stock were exchanged, compared to its average volume of 516,542. The business’s fifty day moving average is $94.77 and its two-hundred day moving average is $86.98. The firm has a market capitalization of $17.03 billion, a P/E ratio of 8.16 and a beta of 1.07. Joint Stock Company Kaspi.kz has a 12-month low of $68.59 and a 12-month high of $109.94.

Wealthfront (WLTH)

We’re a different kind of FinTech. We are a technology company that built a financial solutions platform for “digital natives,” defined as those born after 1980 (i.e., Millennials, Gen Z, and later generations). Our platform is designed to address the needs of the wealth builders within these generations.

Wealthfront stock traded up $0.41 during trading on Friday, reaching $10.61. The stock had a trading volume of 930,068 shares, compared to its average volume of 1,792,051. Wealthfront has a 52-week low of $7.20 and a 52-week high of $14.88. The stock has a market cap of $1.66 billion and a PE ratio of -11.37. The business has a 50 day moving average price of $10.45 and a 200 day moving average price of $9.73.

UP Fintech (TIGR)

UP Fintech Holding Limited provides online brokerage services focusing on Chinese investors. The company has developed a brokerage platform, which allows investor to trade stocks, options, warrants, and other financial instruments that can be accessed through its APP and website. It offers brokerage and value-added services, including investor education, community engagement, and IR platform services.

Shares of TIGR traded up $0.17 during midday trading on Friday, reaching $4.09. The stock had a trading volume of 1,771,226 shares, compared to its average volume of 3,069,745. UP Fintech has a 1-year low of $3.61 and a 1-year high of $11.35. The company’s fifty day simple moving average is $4.38 and its two-hundred day simple moving average is $5.64. The company has a market cap of $776.82 million, a price-to-earnings ratio of 6.94 and a beta of 0.65. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.10 and a quick ratio of 1.10.

IDT (IDT)

IDT Corporation provides communications and payment services in the United States, the United Kingdom, and internationally. It operates through Fintech, National Retail Solutions, net2phone, and Traditional Communications segments. The company operates point of sale, a terminal-based platform which provides independent retailers store management software, electronic payment processing, and other ancillary merchant services; and provides marketers with digital out-of-home advertising and transaction data.

Shares of IDT stock traded up $0.06 on Friday, reaching $82.86. 45,410 shares of the stock were exchanged, compared to its average volume of 190,213. The business’s 50 day moving average price is $77.33 and its 200 day moving average price is $60.89. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 23.89 and a beta of 0.54. IDT has a twelve month low of $46.48 and a twelve month high of $84.56.