Market Insights: BitFuFu Inc (FUFU)’s Notable Gain of 8.87, Closing at 5.40

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As of close of business last night, BitFuFu Inc’s stock clocked out at $5.40, up 8.87% from its previous closing price of $4.96. In other words, the price has increased by $8.87 from its previous closing price. On the day, 98629.0 shares were traded. FUFU stock price reached its highest trading level at $5.44 during the session, while it also had its lowest trading level at $4.93.

Ratios:

To gain a deeper understanding of FUFU’s stock, we examine its different ratios. 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 879670784 and an Enterprise Value of 852184960. As of this moment, BitFuFu’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.35 while its Price-to-Book (P/B) ratio in mrq is 7.32. Its current Enterprise Value per Revenue stands at 1.882 whereas that against EBITDA is 16.865.

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 5.26%, while the 200-Day Moving Average is calculated to be 22.87%.

Shares Statistics:

It appears that FUFU traded 131.70K shares on average per day over the past three months and 206680 shares per day over the past ten days. A total of 27.90M 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 1732838400 were 417459 with a Short Ratio of 3.17, compared to 1730332800 on 399728. Therefore, it implies a Short% of Shares Outstanding of 417459 and a Short% of Float of 2.55.

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