BitFuFu Inc. (NASDAQ:FUFU - Get Free Report) shares rose 9% on Tuesday . The stock traded as high as $5.65 and last traded at $5.34. Approximately 63,239 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 200,271 shares. The stock had previously closed at $4.90.
BitFuFu Price Performance
The company has a debt-to-equity ratio of 0.87, a quick ratio of 3.40 and a current ratio of 3.41. The company's 50 day moving average is $4.38 and its 200 day moving average is $4.12.
BitFuFu (NASDAQ:FUFU - Get Free Report) last announced its quarterly earnings data on Tuesday, August 20th. The company reported $0.01 EPS for the quarter. The company had revenue of $129.42 million for the quarter.
Institutional Investors Weigh In On BitFuFu
An institutional investor recently bought a new position in BitFuFu stock. MMCAP International Inc. SPC purchased a new position in BitFuFu Inc. (NASDAQ:FUFU - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 16,500 shares of the company's stock, valued at approximately $82,000. MMCAP International Inc. SPC owned approximately 0.38% of BitFuFu as of its most recent SEC filing. 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.
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