BurgerFi International Inc [BFI] stock Initiated by BTIG Research analyst, price target now $11

BurgerFi International Inc [NASDAQ: BFI] gained 26.83% or 0.04 points to close at $0.18 with a heavy trading volume of 7291978 shares.

The daily chart for BFI points out that the company has recorded -72.38% loss over the past six months.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

If we look at the average trading volume of 7.73M shares, BFI reached to a volume of 7291978 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about BurgerFi International Inc [BFI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BFI shares is $0.60 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BFI stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BTIG Research have made an estimate for BurgerFi International Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 23, 2021.

The Average True Range (ATR) for BurgerFi International Inc is set at 0.05, with the Price to Sales ratio for BFI stock in the period of the last 12 months amounting to 0.03. The Price to Book ratio for the last quarter was 0.10, with the Price to Cash per share for the same quarter was set at 0.15.

Trading performance analysis for BFI stock

BurgerFi International Inc [BFI] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.23. With this latest performance, BFI shares dropped by -54.59% in over the last four-week period, additionally sinking by -72.38% over the last 6 months – not to mention a drop of -87.70% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BFI stock in for the last two-week period is set at 39.33, with the RSI for the last a single of trading hit 39.04, and the three-weeks RSI is set at 40.92 for BurgerFi International Inc [BFI]. The present Moving Average for the last 50 days of trading for this stock 0.2669, while it was recorded at 0.1555 for the last single week of trading, and 0.5260 for the last 200 days.

BurgerFi International Inc [BFI]: A deeper dive into fundamental analysis

BurgerFi International Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.12.

BurgerFi International Inc [BFI]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, BurgerFi International Inc posted -0.39/share EPS, while the average EPS was predicted by analysts to be reported at -0.24/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.15. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BFI.

An analysis of Institutional ownership at BurgerFi International Inc [BFI]

There are presently around $19.72%, or 35.14%% of BFI stock, in the hands of institutional investors. The top three institutional holders of BFI stocks are: LION POINT CAPITAL, LP with ownership of 2.75 million shares, which is approximately 10.162%. CATTERTON MANAGEMENT COMPANY, L.L.C., holding 1.4 million shares of the stock with an approximate value of $$0.28 million in BFI stocks shares; and CATTERTON MANAGEMENT COMPANY, L.L.C., currently with $$70724.0 in BFI stock with ownership which is approximately 1.2893%.

Most Popular