Gaining Ground: BitFuFu Inc (FUFU) Closes Higher at 5.24, Up 4.59

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of BitFuFu Inc (NASDAQ: FUFU) closed at $5.24 in the last session, up 4.59% from day before closing price of $5.01. In other words, the price has increased by $4.59 from its previous closing price. On the day, 0.12 million shares were traded. FUFU stock price reached its highest trading level at $5.29 during the session, while it also had its lowest trading level at $4.97.

Ratios:

We take a closer look at FUFU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.09 and its Current Ratio is at 4.09. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.88.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, H.C. Wainwright on November 06, 2024, initiated with a Buy rating and assigned the stock a target price of $7.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FUFU now has a Market Capitalization of 853606464 and an Enterprise Value of 917345856. As of this moment, BitFuFu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 7.29. Its current Enterprise Value per Revenue stands at 2.026 whereas that against EBITDA is 18.154.

Stock Price History:

Over the past 52 weeks, FUFU has reached a high of $18.32, while it has fallen to a 52-week low of $2.32. The 50-Day Moving Average of the stock is 12.76%, while the 200-Day Moving Average is calculated to be 11.00%.

Shares Statistics:

According to the various share statistics, FUFU traded on average about 100.67K shares per day over the past 3-months and 199550 shares per day over the past 10 days. A total of 162.90M shares are outstanding, with a floating share count of 16.13M. Insiders hold about 90.10% of the company’s shares, while institutions hold 1.42% stake in the company. Shares short for FUFU as of 1731628800 were 389193 with a Short Ratio of 3.87, compared to 1728950400 on 436606. Therefore, it implies a Short% of Shares Outstanding of 389193 and a Short% of Float of 2.3699999.

Most Popular