Better Home & Finance Holding Co [BETR] Stock trading around $67.75 per share: What’s Next?

Annabelle Farmer

Better Home & Finance Holding Co [NASDAQ: BETR] price surged by 35.55 percent to reach at $17.77.

A sum of 8290074 shares traded at recent session while its average daily volume was at 200.54K shares. Better Home & Finance Holding Co shares reached a high of $75.0 and dropped to a low of $59.0 until finishing in the latest session at $67.75.

Guru’s Opinion on Better Home & Finance Holding Co [BETR]:

The Price to Book ratio for the last quarter was 12.07, with the Price to Cash per share for the same quarter was set at 15.18.

BETR Stock Performance Analysis:

Better Home & Finance Holding Co [BETR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 165.17. With this latest performance, BETR shares gained by 277.86% in over the last four-week period, additionally plugging by 447.25% over the last 6 months – not to mention a rise of 659.53% 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 BETR stock in for the last two-week period is set at 95.55, with the RSI for the last a single of trading hit 10.70, and the three-weeks RSI is set at 5.79 for Better Home & Finance Holding Co [BETR]. The present Moving Average for the last 50 days of trading for this stock 20.21, while it was recorded at 42.42 for the last single week of trading, and 13.98 for the last 200 days.

Insight into Better Home & Finance Holding Co Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Better Home & Finance Holding Co [BETR] shares currently have an operating margin of -100.62% and a Gross Margin at 76.09%. Better Home & Finance Holding Co’s Net Margin is presently recorded at -130.85%.

Better Home & Finance Holding Co (BETR) Capital Structure & Debt Analysis

According to recent financial data for Better Home & Finance Holding Co. ( BETR), the Return on Equity (ROE) stands at -286.59%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -18.14%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Better Home & Finance Holding Co’s Return on Invested Capital (ROIC) is -69.99%, showcasing its effectiveness in deploying capital for earnings.

Better Home & Finance Holding Co (BETR) Efficiency & Liquidity Metrics

Based on Better Home & Finance Holding Co’s (BETR) latest financial statements, the Debt-to-Equity Ratio is 6.74%, indicating its reliance on debt financing relative to shareholder equity.

Better Home & Finance Holding Co (BETR) Efficiency & Liquidity Metrics

From an operational efficiency perspective, Better Home & Finance Holding Co. (BETR) effectively leverages its workforce, generating an average of -$160208.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.66% and a Quick Ratio of 0.66%, indicating strong ability to cover short-term liabilities.

BETR Stock EPS

With the latest financial reports released by the company, Better Home & Finance Holding Co posted -1.99/share EPS, while the average EPS was predicted by analysts to be reported at -2.18/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.19. 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 BETR.

Better Home & Finance Holding Co [BETR] Institutonal Ownership Details

There are presently around $51.93%, or 76.49%% of BETR stock, in the hands of institutional investors. The top three institutional holders of BETR stocks are: PINE BROOK ROAD ADVISORS, L.P. with ownership of 49.78 million shares, which is approximately 6.578%. HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND, holding 29.39 million shares of the stock with an approximate value of $$13.49 million in BETR stocks shares; and HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND, currently with $$10.65 million in BETR stock with ownership which is approximately 3.0659%.

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