The 36-month beta value for BHAT is also noteworthy at 1.02.
The public float for BHAT is 148.73M, and at present, short sellers hold a 1.53% of that float. The average trading volume of BHAT on January 20, 2025 was 25.99M shares.
BHAT) stock’s latest price update
Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT)’s stock price has plunge by 3.73relation to previous closing price of 0.06. Nevertheless, the company has seen a -27.36% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2025-01-13 that XIAMEN, China, Jan. 13, 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 77,989,800 Ordinary Shares (the “Ordinary Shares”) in a registered direct offering. The Ordinary Shares are being sold at an offering price of $0.055 per share.
BHAT’s Market Performance
BHAT’s stock has fallen by -27.36% in the past week, with a monthly drop of -44.92% and a quarterly drop of -77.52%. The volatility ratio for the week is 14.93% while the volatility levels for the last 30 days are 21.71% for Blue Hat Interactive Entertainment Technology The simple moving average for the last 20 days is -39.43% for BHAT stock, with a simple moving average of -89.75% for the last 200 days.
BHAT Trading at -55.22% 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 -95.59% of loss for the given period.
Volatility was left at 21.71%, however, over the last 30 days, the volatility rate increased by 14.93%, as shares sank -44.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -75.15% lower at present.
During the last 5 trading sessions, BHAT fell by -27.36%, which changed the moving average for the period of 200-days by -93.79% in comparison to the 20-day moving average, which settled at $0.1057. In addition, Blue Hat Interactive Entertainment Technology saw -53.45% 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 0.69. 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 summary, Blue Hat Interactive Entertainment Technology (BHAT) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
