BitFuFu (NASDAQ:FUFU - Get Free Report) posted its quarterly earnings data on Tuesday. The company reported $0.14 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.17, Zacks reports. BitFuFu had a net margin of 8.17% and a return on equity of 40.15%. The company had revenue of $99.29 million for the quarter, compared to the consensus estimate of $99.29 million.
BitFuFu Price Performance
FUFU stock traded down $0.24 during trading on Friday, hitting $4.68. The company had a trading volume of 156,063 shares, compared to its average volume of 161,443. The company has a fifty day moving average price of $4.90 and a two-hundred day moving average price of $4.92. BitFuFu has a fifty-two week low of $2.32 and a fifty-two week high of $7.39. The company has a market cap of $763.34 million, a P/E ratio of 13.37 and a beta of 0.24. The company has a current ratio of 4.09, a quick ratio of 4.09 and a debt-to-equity ratio of 0.88.
Analyst Ratings Changes
Separately, HC Wainwright reiterated a "buy" rating and set a $7.00 price target on shares of BitFuFu in a research note on Wednesday.
View Our Latest Analysis on FUFU
About BitFuFu
(
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BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.
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