Best Financial Stocks To Add to Your Watchlist – February 05th

Uber Technologies, UnitedHealth Group, and iShares Bitcoin Trust are the three Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks refer to the shares of companies that operate in the financial industry, such as banks, insurance companies, and investment firms. These stocks are influenced by factors such as interest rates, economic conditions, and regulatory changes, making them particularly sensitive to market fluctuations and macroeconomic trends. Investors often include financial stocks in their portfolio for diversification and to potentially benefit from the sector’s growth potential. 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.

NYSE:UBER traded down $4.87 during mid-day trading on Wednesday, reaching $64.89. 44,685,825 shares of the company’s stock traded hands, compared to its average volume of 26,349,221. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $136.63 billion, a price-to-earnings ratio of 32.37, a PEG ratio of 0.77 and a beta of 1.39. The company has a 50 day moving average price of $65.46 and a 200-day moving average price of $70.11. Uber Technologies has a 12-month low of $54.84 and a 12-month high of $87.00.

UnitedHealth Group (UNH)

UnitedHealth Group Incorporated operates as a diversified health care company in the United States. The company operates through four segments: UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The UnitedHealthcare segment offers consumer-oriented health benefit plans and services for national employers, public sector employers, mid-sized employers, small businesses, and individuals; health care coverage, and health and well-being services to individuals age 50 and older addressing their needs; Medicaid plans, children's health insurance and health care programs; and health and dental benefits, and hospital and clinical services, as well as health care benefits products and services to state programs caring for the economically disadvantaged, medically underserved, and those without the benefit of employer-funded health care coverage.

UNH stock traded down $9.23 during trading on Wednesday, reaching $536.22. The company had a trading volume of 2,258,963 shares, compared to its average volume of 4,360,878. UnitedHealth Group has a 52 week low of $436.38 and a 52 week high of $630.73. The company has a market cap of $493.47 billion, a P/E ratio of 34.57, a PEG ratio of 1.48 and a beta of 0.61. The business has a 50 day moving average of $533.81 and a 200 day moving average of $564.94. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.83 and a quick ratio of 0.91.

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 $0.29 during mid-day trading on Wednesday, reaching $55.84. 12,533,544 shares of the company’s stock traded hands, compared to its average volume of 47,737,008. The company’s 50-day moving average price is $56.35 and its 200-day moving average price is $44.55. iShares Bitcoin Trust has a 12 month low of $24.45 and a 12 month high of $61.75.