In the past week, BHAT stock has gone down by -40.31%, with a monthly decline of -34.50% and a quarterly plunge of -72.49%. The volatility ratio for the week is 24.06%, and the volatility levels for the last 30 days are 21.28% for Blue Hat Interactive Entertainment Technology The simple moving average for the last 20 days is -26.58% for BHAT stock, with a simple moving average of -86.44% for the last 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 1.02.
The public float for BHAT is 128.58M and currently, short sellers hold a 1.77% ratio of that float. The average trading volume of BHAT on January 13, 2025 was 15.41M shares.
BHAT) stock’s latest price update
The stock of Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) has increased by 3.04 when compared to last closing price of 0.09. Despite this, the company has experienced a -40.31% fall in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-08 that XIAMEN, China, Jan. 08, 2025 (GLOBE NEWSWIRE) — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT), today announced that it has entered into securities purchase agreements with several institutional investors to purchase an aggregate of 55,950,000 Ordinary Shares (the “Ordinary Shares”) in a registered direct offering. The Ordinary Shares are being sold at an offering price of $0.07 per share.
BHAT Trading at -46.53% 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 -93.92% of loss for the given period.
Volatility was left at 21.28%, however, over the last 30 days, the volatility rate increased by 24.06%, as shares sank -31.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -66.88% lower at present.
During the last 5 trading sessions, BHAT fell by -40.31%, which changed the moving average for the period of 200-days by -92.34% in comparison to the 20-day moving average, which settled at $0.1200. In addition, Blue Hat Interactive Entertainment Technology saw -35.93% 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:
- -0.87 for the present operating margin
- -0.42 for the gross margin
The net margin for Blue Hat Interactive Entertainment Technology stands at -0.81. The total capital return value is set at -0.54. Equity return is now at value -91.40, with -55.96 for asset returns.
Currently, EBITDA for the company is -28.4 million with net debt to EBITDA at -0.13. When we switch over and look at the enterprise to sales, we see a ratio of 0.48. The receivables turnover for the company is 1.29for trailing twelve months and the total asset turnover is 0.56. The liquidity ratio also appears to be rather interesting for investors as it stands at 5.88.
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.
