Market Update: Blue Hat Interactive Entertainment Technology (BHAT) Sees Negative Movement, Closing at 0.03

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

In the latest session, Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) closed at $0.03 down -13.74% from its previous closing price of $0.03. In other words, the price has decreased by -$13.74 from its previous closing price. On the day, 62.5 million shares were traded. BHAT stock price reached its highest trading level at $0.0314 during the session, while it also had its lowest trading level at $0.0232.

Ratios:

For a deeper understanding of Blue Hat Interactive Entertainment Technology’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.06 and its Current Ratio is at 5.88. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BHAT now has a Market Capitalization of 133331 and an Enterprise Value of 158234352. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 0.04. Its current Enterprise Value per Revenue stands at 3.911 whereas that against EBITDA is -6.459.

Stock Price History:

The Beta on a monthly basis for BHAT is 0.91, which has changed by -0.9761765 over the last 52 weeks, in comparison to a change of 0.09506309 over the same period for the S&P500. Over the past 52 weeks, BHAT has reached a high of $1.45, while it has fallen to a 52-week low of $0.03. The 50-Day Moving Average of the stock is -55.50%, while the 200-Day Moving Average is calculated to be -93.65%.

Shares Statistics:

For the past three months, BHAT has traded an average of 113.98M shares per day and 806149 over the past ten days. A total of 247.54M shares are outstanding, with a floating share count of 233.43M. Insiders hold about 5.70% of the company’s shares, while institutions hold 3.85% stake in the company. Shares short for BHAT as of 1740700800 were 142916 with a Short Ratio of 0.13, compared to 1738281600 on 3697. Therefore, it implies a Short% of Shares Outstanding of 142916 and a Short% of Float of 3.0.