Upward Trajectory: Better Home & Finance Holding Co. (BETR) Posts a Gaine, Closing at 0.41

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The closing price of Better Home & Finance Holding Co. (NASDAQ: BETR) was $0.41 for the day, up 14.97% from the previous closing price of $0.36. In other words, the price has increased by $14.97 from its previous closing price. On the day, 3.89 million shares were traded. BETR stock price reached its highest trading level at $0.4399 during the session, while it also had its lowest trading level at $0.345.

Ratios:

Our analysis of BETR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.13 and its Current Ratio is at 0.13. In the meantime, Its Debt-to-Equity ratio is 7.68 whereas as Long-Term Debt/Eq ratio is at 5.90.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 31 ’24 when Valani Riaz sold 720,422 shares for $0.33 per share. The transaction valued at 240,725 led to the insider holds 15,276,317 shares of the business.

Valani Riaz sold 853,339 shares of BETR for $293,736 on May 30 ’24. The Director now owns 15,996,739 shares after completing the transaction at $0.34 per share. On May 29 ’24, another insider, Valani Riaz, who serves as the Director of the company, sold 451,697 shares for $0.34 each. As a result, the insider received 153,440 and left with 16,850,078 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BETR now has a Market Capitalization of 277410080 and an Enterprise Value of 554888896. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.20 while its Price-to-Book (P/B) ratio in mrq is 3.56. Its current Enterprise Value per Revenue stands at 9.167.

Stock Price History:

The Beta on a monthly basis for BETR is 1.64, which has changed by -0.96021295 over the last 52 weeks, in comparison to a change of 0.2586832 over the same period for the S&P500. Over the past 52 weeks, BETR has reached a high of $62.91, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is 5.62%, while the 200-Day Moving Average is calculated to be -16.92%.

Shares Statistics:

BETR traded an average of 1.05M shares per day over the past three months and 2013530 shares per day over the past ten days. A total of 359.36M shares are outstanding, with a floating share count of 242.47M. Insiders hold about 67.96% of the company’s shares, while institutions hold 11.65% stake in the company. Shares short for BETR as of 1715731200 were 5623022 with a Short Ratio of 5.09, compared to 1713139200 on 5738239. Therefore, it implies a Short% of Shares Outstanding of 5623022 and a Short% of Float of 2.12.

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