Real Estate Stocks Worth Watching – January 30th

iShares Bitcoin Trust, JPMorgan Chase & Co., MercadoLibre, Bank of America, and Blackstone are the five Real Estate stocks to watch today, according to MarketBeat’s stock screener tool. Real estate stocks refer to publicly traded companies that own, develop, manage, or invest in properties such as residential homes, commercial buildings, or other real estate assets. Investors can purchase shares of these companies on the stock market to gain exposure to the real estate sector without directly owning physical properties. These companies had the highest dollar trading volume of any Real Estate stocks within the last several days.

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 NASDAQ:IBIT traded up $0.72 on Thursday, reaching $60.06. 19,949,434 shares of the company’s stock were exchanged, compared to its average volume of 47,736,160. iShares Bitcoin Trust has a fifty-two week low of $24.13 and a fifty-two week high of $61.75. The business’s 50-day moving average is $56.09 and its two-hundred day moving average is $43.91.

JPMorgan Chase & Co. (JPM)

JPMorgan Chase & Co. is a financial holding company, which engages in the provision of financial and investment banking services. The firm offers a range of investment banking products and services in all capital markets, including advising on corporate strategy and structure, capital raising in equity and debt markets, risk management, market making in cash securities and derivative instruments, and brokerage and research.

JPM traded up $2.40 on Thursday, hitting $268.98. 3,483,292 shares of the company’s stock were exchanged, compared to its average volume of 10,375,449. The company has a current ratio of 0.88, a quick ratio of 0.89 and a debt-to-equity ratio of 1.24. The stock has a fifty day moving average of $247.08 and a two-hundred day moving average of $227.63. JPMorgan Chase & Co. has a twelve month low of $171.43 and a twelve month high of $270.68. The firm has a market cap of $757.26 billion, a PE ratio of 13.64, a P/E/G ratio of 2.83 and a beta of 1.11.

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 $85.05 during midday trading on Thursday, reaching $1,974.81. 332,501 shares of the company traded hands, compared to its average volume of 326,045. The stock has a 50-day moving average price of $1,841.64 and a 200 day moving average price of $1,914.92. The company has a market cap of $100.12 billion, a price-to-earnings ratio of 69.69, a PEG ratio of 0.96 and a beta of 1.60. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.25 and a quick ratio of 1.22. MercadoLibre has a 52 week low of $1,324.99 and a 52 week high of $2,161.73.

Bank of America (BAC)

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small and middle-market businesses, institutional investors, large corporations, and governments worldwide. It operates in four segments: Consumer Banking, Global Wealth & Investment Management (GWIM), Global Banking, and Global Markets.

Shares of NYSE:BAC traded up $0.11 during trading on Thursday, reaching $46.86. The company had a trading volume of 12,795,611 shares, compared to its average volume of 36,305,852. Bank of America has a twelve month low of $32.35 and a twelve month high of $48.08. The firm has a market capitalization of $359.51 billion, a PE ratio of 14.56, a price-to-earnings-growth ratio of 1.24 and a beta of 1.33. The firm’s fifty day moving average is $45.85 and its 200 day moving average is $42.73. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.78 and a current ratio of 0.78.

Blackstone (BX)

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The firm typically invests in early-stage companies. It also provide capital markets services.

Shares of BX traded down $4.71 during midday trading on Thursday, reaching $180.67. The stock had a trading volume of 3,177,608 shares, compared to its average volume of 2,927,597. Blackstone has a 52 week low of $115.82 and a 52 week high of $200.96. The company has a market capitalization of $130.44 billion, a P/E ratio of 62.08, a P/E/G ratio of 1.22 and a beta of 1.53. The firm’s 50 day moving average price is $180.92 and its 200-day moving average price is $161.84. The company has a debt-to-equity ratio of 0.58, a current ratio of 0.71 and a quick ratio of 0.71.