That’s why I Feel Comfortable With Blue Hat Interactive Entertainment Technology’s (BHAT) Future

A share price of Blue Hat Interactive Entertainment Technology [BHAT] is currently trading at $0.05, up 15.38%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BHAT shares have gain 49.58% over the last week, with a monthly amount drifted -53.04%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Blue Hat Interactive Entertainment Technology experienced fluctuations in its stock price throughout the past year between $0.03 and $1.45. Blue Hat Interactive Entertainment Technology [NASDAQ: BHAT] shares were valued at $0.05 at the most recent close of the market.

Analyzing the BHAT fundamentals

Trailing Twelve Months sales for Blue Hat Interactive Entertainment Technology [NASDAQ:BHAT] were 40.46M which represents -92.09% decline. Gross Profit Margin for this corporation currently stands at -0.42% with Operating Profit Margin at -0.87%, Pretax Profit Margin comes in at -0.9%, and Net Profit Margin reading is -0.81%. To continue investigating profitability, this company’s Return on Assets is posted at -0.45, Equity is -0.55 and Total Capital is -0.54. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.09.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.0449 points at the first support level, and at 0.0359 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.0665, and for the 2nd resistance point, it is at 0.0791.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Blue Hat Interactive Entertainment Technology [NASDAQ:BHAT] is 5.88. Also, the Quick Ratio is 5.06, while the Cash Ratio stands at 0.07. Considering the valuation of this stock, the price to sales ratio is 0.33, the price to book ratio is 0.08.

Related Posts