tl;dr
After a stellar pre-Christmas week, crypto stocks lost their luster in the last week of the year, with three of the five weakest financial names being bitcoin miners. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) edged up 0.9% and finished the year up 9.9%, lagging the S&P 500's 24% increase. ...
After a stellar pre-Christmas week, crypto stocks lost their luster in the last week of the year, with three of the five weakest financial names being bitcoin miners. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) edged up 0.9% and finished the year up 9.9%, lagging the S&P 500's 24% increase. By contrast, bitcoin (BTC-USD) rose 152% in the past year, although the token will still be trading over the weekend and Monday.
In the climbers' column, Burford Capital (NYSE:BUR) surged 19% on news that Argentina's new president, Javier Milei, suggested the use of a perpetual bond to pay a $16B judgment ordered by a court in September. BGC Group (NASDAQ:BGC) stock climbed 8.1% during the week that the investment firm said it expects Q4 revenue and earnings to come in at the top end of its previous outlook range. Chinese fintech app Qifu Technology (NASDAQ:QFIN) gained 6.5%, while White Mountain Insurance (NYSE:WTM) rose 5.1%. And TD Synnex (NASDAQ:SNEX) advanced 5.1%.
More about Burford Capital Ltd
Key Financial Metrics:
- Market Cap: $3,415,807,000
- Current Price: $5.86
- Dividend Yield: 2.66%
- P/E Ratio: 0.441
- EPS: $6.14
- Volume: 96,424,000
- 52-Week High: $18.68
- 52-Week Low: $3.68
- Beta: -0.376
Stock Performance:
- Burford Capital Ltd has a market cap of over $3.4 billion with a current price of $5.86 and a 52-week high of $18.68. The stock has a dividend yield of 2.66% and a P/E ratio of 0.441. The stock has shown a significant decrease from its 52-week high.
Market Sentiment:
- Market sentiment for Burford Capital Ltd is currently bearish, with the stock price showing a significant decrease from its 52-week high. The company's beta of -0.376 indicates that the stock is less volatile than the market as a whole. Investors should be cautious and consider potential risks associated with the stock's performance.
More about BGC Group Inc.
BGC Group Inc. is a finance company operating in the security and commodity brokers, dealers, exchanges, and services industry. With a market capitalization of $1,726,387,000 and a stock price of $40.09, the company has shown a minimal increase of 0.04% in its stock performance. The Relative Strength Index (RSI) of 4.721 indicates a slightly overbought condition, while the Bollinger Bands show a narrow trading range with a standard deviation of 0.0237. The company's financial metrics suggest a stable position with a revenue of $1,762,334,000 and a Price/Earnings ratio of 7, indicating a potential undervaluation. However, the market sentiment remains cautious as indicated by a negative earnings per share growth of -0.279 and a low dividend yield of 0.051.
More about 360 Finance Inc
360 Finance Inc,360 DigiTech, Inc., operates a digital consumer finance platform under the 360 Jietiao brand in the People's Republic of China. The company is headquartered in Shanghai, the People's Republic of China. With a market capitalization of $2.54 billion, the stock is currently trading at $4.63, with a 52-week range of $3.44 to $97.95. The stock has a Relative Strength Index (RSI) of 23.37, indicating an oversold condition. The stock has shown a bullish trend in the past, but recent performance has been lackluster. The company's financial metrics show potential, but market sentiment is uncertain due to recent volatility and the potential impact of regulatory changes in China. Investors should be cautious and monitor support and resistance levels closely.
More about White Mountains Insurance Group Ltd
White Mountains Insurance Group Ltd provides insurance services in the United States and is headquartered in Hamilton, Bermuda. The company operates in the finance sector, specifically in fire, marine, and casualty insurance. With a market capitalization of $3.85 billion, the stock is currently trading at $738.18 with a 1-year target estimate of $100.23. The stock has a current P/E ratio of 15.02 and a dividend yield of 0.141. The company's market sentiment is slightly bearish, with a Relative Strength Index (RSI) of 36 and a negative price change of -0.97. However, the stock is currently trading above its 200-day moving average, indicating potential support. It is important to note the potential risks associated with the stock's performance, as past market behavior is not always indicative of future performance.
More about Stonex Group Inc
Stonex Group Inc. is a global financial services network connecting businesses, organizations, merchants and investors to the global market ecosystem. The company is headquartered in New York, New York. With a market cap of $2.29 billion and a stock price of $8.93, the company has shown a slight increase in stock performance, with a 0.004% change in price. The company's revenue stands at $59.996 billion, with a RSI of 76.67 indicating overbought conditions. While the stock has shown some positive momentum, it is important to note the potential risks and uncertainties associated with investing, as past market behavior is not always a reliable indicator of future performance.
More about Upstart Holdings Inc
Upstart Holdings Inc. operates a cloud-based AI lending platform and is headquartered in San Mateo, California. The company's financial metrics show a market capitalization of $3.47 billion, with a current price of $21.67 per share. The stock has shown a recent decrease of 3.05% and a 6.59% change over the last year. The market sentiment, as indicated by the RSI of 21.67, suggests that the stock may be oversold. However, the Bollinger Bands show a negative deviation of -0.464, indicating potential downward pressure. It is important to note that while past performance can provide insight, it is not always indicative of future returns.
More about Riot Blockchain Inc
Riot Blockchain Inc. specializes in cryptocurrency mining operations in North America. With a market capitalization of $3,194,787,000, the company has seen a recent stock performance with a decrease of 1.58%. The Relative Strength Index (RSI) is at 17.79, indicating an oversold position, while the Bollinger Bands show a narrow range with a standard deviation of 2.333. Despite the potential for a breakout, the current market sentiment appears bearish. It is important to note the volatility associated with cryptocurrency markets and the inherent risks involved in trading this asset class.
More about Marathon Digital Holdings Inc
Marathon Digital Holdings Inc is a cryptocurrency mining digital asset technology company with a focus on the blockchain ecosystem and digital asset generation in the United States. The company has a market cap of 5,543,362,000 and a trading volume of 259,157,000. The stock performance has seen a decrease of 3.08% in the past period, with a current stock price of 12.88. The company operates in the real estate and construction sector, specifically as patent owners and lessors. Market sentiment appears to be mixed, with potential uncertainties in the cryptocurrency market affecting the stock performance. It's important to consider the potential risks associated with the volatile nature of the cryptocurrency market when analyzing the stock's performance.
More about CleanSpark Inc
CleanSpark Inc is a company providing energy software and control technology solutions globally, with its headquarters located in Woods Cross, Utah. The company operates in the real estate and construction sector and is associated with blank checks. With a market capitalization of $2037793000 and a trading volume of 168408000, the stock has been trading at a price-to-earnings ratio of -1.29 and a price-to-book ratio of 1.64. The stock performance has seen a decrease of -0.811 and is currently trading at a price of 11.87. The market sentiment is currently neutral, with a sentiment score of 1.007. It is important to note that past market behavior is not always a reliable indicator of future performance, and there may be potential risks or uncertainties associated with this analysis.
More about The Bancorp Inc
The Bancorp Inc, a financial holding company offering banking products and services in the United States, has a market capitalization of $2.07 billion. The stock is currently trading at $11.37 with a 52-week range of $3.39 to $8.04. The Relative Strength Index (RSI) stands at 47.33, indicating a neutral sentiment. The stock has a beta of 0.704, suggesting it is less volatile compared to the overall market. The company's financials show a strong balance sheet with total assets of $4.43 billion. However, with a price-to-earnings ratio of 0.305, the stock may be undervalued. The technical indicators suggest a potential bullish trend in the near term, with the stock trading above its 200-day moving average. However, investors should be cautious as past market behavior is not always indicative of future performance.
Disclaimer:
This is not financial advice. Please do your own research before investing in any asset.