BitFuFu Inc (NASDAQ:FUFU) concluded the trading at $5.24 on Wednesday, November 27, with a rise of 4.59% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $5.01 and 5Y monthly beta was reading 0.117 with its price kept floating in the range of $4.97 and $5.29 on the day. Company’s P/E ratio for the trailing 12 months is 22.18. Considering stock’s 52-week price range provides that FUFU hit a high price of $18.32 and saw its price falling to a low level of $2.32 during that period. Over a period of past 1-month, stock came adding 6.94% in its value.
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With its current market valuation of $892.80 million, BitFuFu Inc is set to declare its quarterly results in December. Analysts are in estimates of -0.03 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.17 for current year with estimates of that growing to 0.16 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 99.28M. They suggested that in the process company could generate revenue of as low as 95.9M which could climb up to 102.67M to hit a high.
Digging deeper we become aware of the PEG ratio of the FUFU stock which is currently positioned at 0. It further provides that stock’s current price level is 2.17% away from its 20-day simple moving average and is 12.76% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 53.06 while volatility remained at 9.05% over the past week which changes to 11.39% when measuring it over the past month. Beta is valued at 0.15, while measure of average true range or ATR is currently at 0.53.
Having a second look at BitFuFu Inc (NASDAQ:FUFU) provides that stock’s average daily trading volume for 3 months was 100.67K, while it jumped to 199550 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 162.90 million.
The percentage of outstanding shares held by the insiders is 90.10% while it is 1.42% for the institutional holders. The figures also indicate that as of 2024-11-15, number of stock’s short shares was 0.39 million which implies a short ratio of 3.05. This shows down a 237.00 of Short Interest in company’s outstanding shares on the day. In November the standing of shares short improved as it was 0.44 million in the previous month. Subtraction of -51.97% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
