BurgerFi International Inc (BFI): A Technical Analysis

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BFI has 36-month beta value of 0.46. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for BFI is 13.43M, and currently, short sellers hold a 8.04% ratio of that float. The average trading volume of BFI on September 16, 2024 was 8.12M shares.

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BFI) stock’s latest price update

The stock of BurgerFi International Inc (NASDAQ: BFI) has decreased by -16.90 when compared to last closing price of 0.16.Despite this, the company has seen a loss of -20.42% in its stock price over the last five trading days. nypost.com reported 2024-09-11 that The company said it filed for Chapter 11 reorganization to “preserve the value” of its brands “for all stakeholders.”

BFI’s Market Performance

BurgerFi International Inc (BFI) has experienced a -20.42% fall in stock performance for the past week, with a -65.08% drop in the past month, and a -45.20% drop in the past quarter. The volatility ratio for the week is 22.11%, and the volatility levels for the past 30 days are at 19.39% for BFI. The simple moving average for the past 20 days is -36.37% for BFI’s stock, with a -73.79% simple moving average for the past 200 days.

Analysts’ Opinion of BFI

Many brokerage firms have already submitted their reports for BFI stocks, with BTIG Research repeating the rating for BFI by listing it as a “Buy.” The predicted price for BFI in the upcoming period, according to BTIG Research is $11 based on the research report published on November 23, 2021 of the previous year 2021.

BFI Trading at -50.27% from the 50-Day Moving Average

After a stumble in the market that brought BFI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.05% of loss for the given period.

Volatility was left at 19.39%, however, over the last 30 days, the volatility rate increased by 22.11%, as shares sank -65.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -28.29% lower at present.

During the last 5 trading sessions, BFI fell by -20.42%, which changed the moving average for the period of 200-days by -88.28% in comparison to the 20-day moving average, which settled at $0.1938. In addition, BurgerFi International Inc saw -84.73% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BFI starting from JOHN ROSATTI REVOCABLE TRUST, who sale 20,000 shares at the price of $0.58 back on Mar 25 ’24. After this action, JOHN ROSATTI REVOCABLE TRUST now owns 2,668,396 shares of BurgerFi International Inc, valued at $11,574 using the latest closing price.

JOHN ROSATTI REVOCABLE TRUST, the 10% Owner of BurgerFi International Inc, sale 20,000 shares at $0.58 during a trade that took place back on Mar 22 ’24, which means that JOHN ROSATTI REVOCABLE TRUST is holding 2,688,396 shares at $11,536 based on the most recent closing price.

Stock Fundamentals for BFI

Current profitability levels for the company are sitting at:

  • -0.08 for the present operating margin
  • 0.17 for the gross margin

The net margin for BurgerFi International Inc stands at -0.17. The total capital return value is set at -0.08. Equity return is now at value -23.89, with -10.73 for asset returns.

Based on BurgerFi International Inc (BFI), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at -0.07. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is -1.45.

Currently, EBITDA for the company is -0.91 million with net debt to EBITDA at 87.03. When we switch over and look at the enterprise to sales, we see a ratio of 0.73. The receivables turnover for the company is 123.43for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.

Conclusion

To put it simply, BurgerFi International Inc (BFI) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. 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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