BitFuFu Inc [FUFU] Is Currently 0.00 below its 200 Period Moving Avg: What Does This Mean?

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BitFuFu Inc [NASDAQ: FUFU] closed the trading session at $5.17.

The stocks have a year to date performance of 4.44 percent and weekly performance of -0.77 percent. The stock has been moved at 6.16 percent over the last six months. The stock has performed -8.50 percent around the most recent 30 days and changed 12.39 percent over the most recent 3-months.

If compared to the average trading volume of 154.22K shares, FUFU reached to a volume of 263820 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about BitFuFu Inc [FUFU]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FUFU shares is $7.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FUFU 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.

H.C. Wainwright have made an estimate for BitFuFu Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on November 06, 2024.

The Average True Range (ATR) for BitFuFu Inc is set at 0.40, with the Price to Sales ratio for FUFU stock in the period of the last 12 months amounting to 2.31. The Price to Book ratio for the last quarter was 7.20, with the Price to Cash per share for the same quarter was set at 0.88.

FUFU stock trade performance evaluation

BitFuFu Inc [FUFU] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.77. With this latest performance, FUFU shares dropped by -8.50% in over the last four-week period, additionally plugging by 6.16% over the last 6 months – not to mention a drop of -52.57% 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 FUFU stock in for the last two-week period is set at 47.94, with the RSI for the last a single of trading hit 46.33, and the three-weeks RSI is set at 49.08 for BitFuFu Inc [FUFU]. The present Moving Average for the last 50 days of trading for this stock 5.30, while it was recorded at 5.17 for the last single week of trading, and 4.44 for the last 200 days.

BitFuFu Inc [FUFU]: An insightful look at the core fundamentals

BitFuFu Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.09 and a Current Ratio set at 4.09.

BitFuFu Inc [FUFU]: Institutional Ownership