Blue Hat Interactive Entertainment Technology (BHAT) Stock Sees a-12.20 Decrease

The stock of Blue Hat Interactive Entertainment Technology (BHAT) has seen a -12.73% decrease in the past week, with a -48.20% drop in the past month, and a -76.39% decrease in the past quarter. The volatility ratio for the week is 20.60%, and the volatility levels for the past 30 days are at 15.68% for BHAT. The simple moving average for the past 20 days is -34.73% for BHAT’s stock, with a -81.83% simple moving average for the past 200 days.

Is It Worth Investing in Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Right Now?

Additionally, the 36-month beta value for BHAT is 1.06.

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The public float for BHAT is 53.49M and currently, short sellers hold a 0.64% ratio of that float. The average trading volume of BHAT on November 26, 2024 was 342.49K shares.

BHAT) stock’s latest price update

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT)’s stock price has dropped by -12.20 in relation to previous closing price of 0.16. Nevertheless, the company has seen a loss of -12.73% in its stock price over the last five trading days. gurufocus.com reported 2024-10-09 that Blue Hat Interactive Entertainment Technology (BHAT, Financial) faced a significant drop in its stock value, declining by 13.69%. The stock is currently priced at $0.290 with a trading volume of 130,486 shares and a turnover rate of 0.22%, while experiencing a price fluctuation of 15.54%.

BHAT Trading at -48.10% from the 50-Day Moving Average

After a stumble in the market that brought BHAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -90.07% of loss for the given period.

Volatility was left at 15.68%, however, over the last 30 days, the volatility rate increased by 20.60%, as shares sank -45.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -63.64% lower at present.

During the last 5 trading sessions, BHAT fell by -12.73%, which changed the moving average for the period of 200-days by -86.29% in comparison to the 20-day moving average, which settled at $0.2206. In addition, Blue Hat Interactive Entertainment Technology saw -85.60% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for BHAT

Current profitability levels for the company are sitting at:

  • -0.51 for the present operating margin
  • -0.23 for the gross margin

The net margin for Blue Hat Interactive Entertainment Technology stands at -0.48. The total capital return value is set at -0.59.

Currently, EBITDA for the company is -28.4 million with net debt to EBITDA at -0.12. When we switch over and look at the enterprise to sales, we see a ratio of 0.23. The receivables turnover for the company is 2.37for trailing twelve months and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.93.

Conclusion

In conclusion, Blue Hat Interactive Entertainment Technology (BHAT) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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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