BitFuFu Inc. (NASDAQ:FUFU - Get Free Report)'s share price gapped down before the market opened on Thursday . The stock had previously closed at $4.60, but opened at $4.45. BitFuFu shares last traded at $4.59, with a volume of 1,100 shares traded.
BitFuFu Stock Performance
The company has a current ratio of 3.41, a quick ratio of 3.40 and a debt-to-equity ratio of 0.87. The business has a 50-day simple moving average of $4.40 and a two-hundred day simple moving average of $4.09.
BitFuFu (NASDAQ:FUFU - Get Free Report) last announced its quarterly earnings results on Tuesday, August 20th. The company reported $0.01 earnings per share (EPS) for the quarter. The business had revenue of $129.42 million for the quarter.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in BitFuFu stock. MMCAP International Inc. SPC purchased a new position in shares of BitFuFu Inc. (NASDAQ:FUFU - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 16,500 shares of the company's stock, valued at approximately $82,000. MMCAP International Inc. SPC owned 0.38% of BitFuFu as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 37.26% of the company's stock.
BitFuFu Company Profile
(
Get Free Report)
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.
Further Reading
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