Top Fintech Stocks To Keep An Eye On – May 22nd

MercadoLibre, Rocket Companies, The Carlyle Group, WEX, and LexinFintech 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 disrupt traditional financial services—such as digital payments, peer-to-peer lending, robo-advisory and blockchain-based solutions. They offer investors exposure to the rapidly evolving intersection of finance and technology, often featuring high growth potential alongside unique 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.

Shares of NASDAQ:MELI traded up $25.32 during mid-day trading on Thursday, reaching $2,627.29. 176,341 shares of the company traded hands, compared to its average volume of 382,317. MercadoLibre has a 52 week low of $1,550.00 and a 52 week high of $2,634.01. The firm has a market cap of $133.20 billion, a PE ratio of 69.70, a PEG ratio of 1.12 and a beta of 1.61. The company’s 50 day moving average price is $2,169.92 and its 200-day moving average price is $2,011.23. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22.

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 up $0.30 during midday trading on Thursday, hitting $12.54. 7,831,134 shares of the company traded hands, compared to its average volume of 5,561,927. The company has a debt-to-equity ratio of 1.51, a quick ratio of 15.47 and a current ratio of 15.47. Rocket Companies has a 52 week low of $10.06 and a 52 week high of $21.38. The firm has a 50 day moving average of $12.91 and a 200-day moving average of $12.94. The stock has a market cap of $25.08 billion, a price-to-earnings ratio of -78.22 and a beta of 2.33.

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 CG stock traded up $0.46 on Thursday, reaching $44.31. The company’s stock had a trading volume of 1,040,937 shares, compared to its average volume of 2,645,069. The stock’s fifty day simple moving average is $41.01 and its 200-day simple moving average is $47.78. The Carlyle Group has a 1 year low of $33.02 and a 1 year high of $57.50. The company has a market capitalization of $16.00 billion, a price-to-earnings ratio of 15.94, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85. 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 WEX stock traded up $3.50 during trading hours on Thursday, reaching $136.50. The company’s stock had a trading volume of 211,868 shares, compared to its average volume of 561,736. The company has a debt-to-equity ratio of 2.07, a current ratio of 1.02 and a quick ratio of 1.04. WEX has a one year low of $110.45 and a one year high of $217.47. The stock has a market cap of $4.67 billion, a P/E ratio of 18.19, a P/E/G ratio of 2.06 and a beta of 1.26. The firm has a 50 day moving average price of $135.65 and a 200-day moving average price of $159.86.

LexinFintech (LX)

LexinFintech Holdings Ltd., through its subsidiaries, provides online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending.

NASDAQ LX traded down $0.69 during trading on Thursday, hitting $7.99. The stock had a trading volume of 3,575,287 shares, compared to its average volume of 2,987,251. LexinFintech has a one year low of $1.57 and a one year high of $11.64. The stock has a 50 day simple moving average of $8.60 and a 200 day simple moving average of $7.19. The stock has a market capitalization of $1.34 billion, a price-to-earnings ratio of 12.67 and a beta of 0.46. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.66 and a current ratio of 1.66.