Better Home & Finance Holding Co. (BETR) Stock: A Closer Look at the Market Potential

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Company’s 36-month beta value is 1.71.

The public float for BETR is 200.49M, and currently, short sellers hold a 2.69% ratio of that floaft. The average trading volume of BETR on April 04, 2024 was 1.09M shares.

BETR) stock’s latest price update

Better Home & Finance Holding Co. (NASDAQ: BETR) has seen a rise in its stock price by 5.53 in relation to its previous close of 0.45. However, the company has experienced a -12.70% decline in its stock price over the last five trading sessions. CNBC Television reported 2024-03-15 that Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

BETR’s Market Performance

BETR’s stock has fallen by -12.70% in the past week, with a monthly drop of -2.44% and a quarterly drop of -34.49%. The volatility ratio for the week is 12.43% while the volatility levels for the last 30 days are 8.79% for Better Home & Finance Holding Co. The simple moving average for the last 20 days is -1.26% for BETR stock, with a simple moving average of -91.14% for the last 200 days.

BETR Trading at -9.51% from the 50-Day Moving Average

After a stumble in the market that brought BETR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.25% of loss for the given period.

Volatility was left at 8.79%, however, over the last 30 days, the volatility rate increased by 12.43%, as shares sank -3.89% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.87% lower at present.

During the last 5 trading sessions, BETR fell by -14.14%, which changed the moving average for the period of 200-days by -95.40% in comparison to the 20-day moving average, which settled at $0.4800. In addition, Better Home & Finance Holding Co. saw -41.84% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for BETR

Current profitability levels for the company are sitting at:

  • -4.41 for the present operating margin
  • -0.93 for the gross margin

The net margin for Better Home & Finance Holding Co. stands at -9.0. The total capital return value is set at -0.48. Equity return is now at value -206.28, with -67.24 for asset returns.

Based on Better Home & Finance Holding Co. (BETR), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at -0.3. The debt to equity ratio resting at 3.94. The interest coverage ratio of the stock is -3.91.

Currently, EBITDA for the company is -553.29 million with net debt to EBITDA at -0.36. When we switch over and look at the enterprise to sales, we see a ratio of 5.41. The receivables turnover for the company is 0.45for trailing twelve months and the total asset turnover is 0.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.13.

Conclusion

In a nutshell, Better Home & Finance Holding Co. (BETR) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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