BitFuFu Inc [NASDAQ: FUFU] price plunged by -6.70 percent to reach at -$0.31.
The one-year FUFU stock forecast points to a potential upside of 38.29. The average equity rating for FUFU stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on 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 0.52, with the Price to Sales ratio for FUFU stock in the period of the last 12 months amounting to 1.52. The Price to Book ratio for the last quarter was 6.01, with the Price to Cash per share for the same quarter was set at 1.07.
FUFU Stock Performance Analysis:
BitFuFu Inc [FUFU] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.37. With this latest performance, FUFU shares dropped by -2.92% in over the last four-week period, additionally sinking by -7.49% over the last 6 months – not to mention a rise of 53.19% 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 45.82, with the RSI for the last a single of trading hit 45.54, and the three-weeks RSI is set at 46.00 for BitFuFu Inc [FUFU]. The present Moving Average for the last 50 days of trading for this stock 4.68, while it was recorded at 4.42 for the last single week of trading, and 4.79 for the last 200 days.
Insight into BitFuFu Inc Fundamentals:
BitFuFu Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 4.18 and a Current Ratio set at 4.18.
BitFuFu Inc [FUFU] Institutonal Ownership Details
There are presently around $3.94%, or 7.52%% of FUFU stock, in the hands of institutional investors.
