BitFuFu Inc. (NASDAQ:FUFU - Get Free Report) traded up 5.4% on Tuesday . The stock traded as high as $4.09 and last traded at $4.08. 15,530 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 214,680 shares. The stock had previously closed at $3.87.
BitFuFu Stock Up 3.6 %
The firm has a 50 day moving average of $4.37 and a two-hundred day moving average of $4.11. The company has a quick ratio of 3.40, a current ratio of 3.41 and a debt-to-equity ratio of 0.87.
BitFuFu (NASDAQ:FUFU - Get Free Report) last released its quarterly earnings data on Tuesday, August 20th. The company reported $0.01 earnings per share for the quarter. The firm had revenue of $129.42 million during the quarter.
Institutional Investors Weigh In On BitFuFu
An institutional investor recently bought a new position in BitFuFu stock. MMCAP International Inc. SPC bought a new stake in shares of BitFuFu Inc. (NASDAQ:FUFU - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 16,500 shares of the company's stock, valued at approximately $82,000. MMCAP International Inc. SPC owned about 0.38% of BitFuFu as of its most recent filing with the SEC. 37.26% of the stock is owned by institutional investors and hedge funds.
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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