Mid Cap Stocks To Watch Now - February 22nd

On February 22nd, five Mid Cap stocks are capturing attention in the market. MarketBeat's stock screener tool has highlighted Celsius, Direxion Daily TSLA Bull 2X Shares, Rigetti Computing, Globant, and Applied Digital as the top contenders based on their significant dollar trading volume over the past few days.

Celsius (CELH)

Celsius Holdings, Inc. operates in the functional energy drink and supplement sector. The company offers products like CELSIUS, designed to boost metabolism and burn fat, along with various flavors and formats under names like CELSIUS Originals and Vibe. Their distribution extends across the United States and several international markets.

Recently, shares of CELH surged by $7.09, reaching $32.62 during Friday trading. The trading volume struck an impressive 62,307,510 shares, vastly exceeding the average of 9,298,918. Celsius's stock shows a 50-day moving average of $26.00 and a 200-day moving average of $30.43. With a market capitalization of $7.67 billion, the price-to-earnings ratio is 74.14, the PEG ratio is 2.90, and a beta of 1.78.

Direxion Daily TSLA Bull 2X Shares (TSLL)

Next in line is Direxion Daily TSLA Bull 2X Shares, which is known for its connection to Tesla's stock movements. Shares of TSLL fell by $1.90, closing at $18.11 on Friday, with a trading volume of 71,998,216. This stock has a 50-day moving average price of $27.08 and a 200-day moving average of $18.53. TSLL has a market cap of $3.50 billion, a price-to-earnings ratio of 40.38, and a beta of -5.14.

Rigetti Computing (RGTI)

Rigetti Computing is in the quantum computing space, developing superconducting quantum processors. They provide access to their quantum computers through a service model that includes a variety of quantum processing units.

On Friday, RGTI shares declined by $0.72 to close at $10.75, with a trading volume of 84,670,524. The stock's 50-day moving average stands at $12.47, and its 200-day average is $5.31. Rigetti holds a market cap of $2.07 billion and has a price-to-earnings ratio of -28.29.

Globant (GLOB)

Globant S.A. delivers technology services globally, focusing on digital solutions such as blockchain, cybersecurity, and artificial intelligence. This firm also specializes in enterprise technology solutions, enhancing operations for organizations.

Shares of GLOB dropped $58.15 to $152.02 during Friday's trading, with a trading volume of 5,368,389 shares. The stock exhibits a 50-day moving average of $215.37 and a 200-day average of $210.82. Globant has a market cap of $6.55 billion and a price-to-earnings ratio of 40.86.

Applied Digital (APLD)

Applied Digital Corporation focuses on designing and operating datacenters tailored for high-performance computing. Their services cater to various sectors, including artificial intelligence and cryptocurrency.

APLD shares gained $0.47 on Friday, reaching $10.65 with a trading volume of 64,682,840. The company shows a current ratio of 0.77, and its 50-day moving average is $8.45. Applied Digital holds a market cap of $2.37 billion, with a price-to-earnings ratio of -6.16.

Conclusion

These five Mid Cap stocks are demonstrating significant market activity and could be worth watching as they evolve. Investors are advised to keep a close eye on these stocks for potential opportunities.

stocks, Celsius, investment