Best Fintech Stocks To Add to Your Watchlist – November 7th

Rocket Companies, Joint Stock Company Kaspi.kz, and Wealthfront are the three Fintech stocks to watch today, according to MarketBeat’s stock screener tool. Fintech stocks are shares of publicly traded companies that use technology to provide or improve financial services, such as payments, digital banking, lending, or investing. For stock market investors, the term covers companies ranging from established financial firms with technology platforms to newer, tech-focused financial businesses. 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.

Shares of RKT traded up $0.26 during mid-day trading on Friday, hitting $15.08. 35,546,886 shares of the company were exchanged, compared to its average volume of 38,176,072. The stock has a market cap of $42.69 billion, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 4.14 and a beta of 2.27. The company has a 50 day moving average of $12.42 and a 200-day moving average of $14.55. Rocket Companies has a 1-year low of $10.18 and a 1-year high of $24.36. The company has a debt-to-equity ratio of 1.02, a quick ratio of 4.85 and a current ratio of 3.77.

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 NASDAQ KSPI traded up $0.10 during mid-day trading on Friday, reaching $91.68. The company’s stock had a trading volume of 461,974 shares, compared to its average volume of 449,488. The stock has a 50-day moving average of $96.11 and a two-hundred day moving average of $86.76. Joint Stock Company Kaspi.kz has a 1-year low of $68.59 and a 1-year high of $109.94. The stock has a market capitalization of $17.42 billion, a P/E ratio of 8.35 and a beta of 1.07.

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.

NASDAQ WLTH traded up $0.03 on Friday, reaching $10.63. 1,104,617 shares of the company were exchanged, compared to its average volume of 2,427,706. Wealthfront has a fifty-two week low of $7.20 and a fifty-two week high of $14.88. The stock has a market capitalization of $1.66 billion and a P/E ratio of -11.43. The business’s fifty day moving average price is $10.31 and its 200 day moving average price is $9.69.