BitFuFu Inc. (NASDAQ:FUFU) traded at $4.51 at close of the session on current trade day and made a downward move of -5.65% on its previous day’s price.
Looking at the stock we see that its previous close was $4.78 and the beta (5Y monthly) reads 0.168 with the day’s price range being $4.51 – $4.8. The company has a trailing 12-month PE ratio of 13.80. In terms of its 52-week price range, FUFU has a high of $18.32 and a low of $2.32. The company’s stock has gained about 9.73% over that past 30 days.
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BitFuFu Inc. has a market cap of $734.68 million and is expected to release its quarterly earnings report in October.
Looking further, we note the current price level is 1.08% off its SMA20 and -4.32% from its 50-day simple moving average. The RSI (14) is pointing at 49.84 while the volatility over the past week is 7.72% and jumps to 10.32% over the past one month. The beta value is 0.17, while the average true range (ATR) is currently pointing at 0.47.
Coming back to BitFuFu Inc. (NASDAQ:FUFU), we note that the average 3-month trading volume was 216.59K, while that of the preceding 10-day period stands at 95140.0. Current shares outstanding are 162.90 million.
The insiders hold 91.04% of the company’s shares while institutions hold 0.48%. The data shows that short shares as of 2024-08-15, stood at 0.52 million at a short ratio of 2.66. This represents a 316.00 short interest in shares outstanding on 2024-08-15. Shares short rose in August from the previous month at 0.48 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -58.66% down in year-to-date price movement.
