BitFuFu Inc. (NASDAQ:FUFU - Get Free Report) shares were down 2.8% on Wednesday . The company traded as low as $4.30 and last traded at $4.54. Approximately 13,294 shares changed hands during mid-day trading, a decline of 94% from the average daily volume of 208,803 shares. The stock had previously closed at $4.67.
BitFuFu Stock Down 1.5 %
The firm has a fifty day moving average price of $4.40 and a two-hundred day moving average price of $4.09. The company has a current ratio of 3.41, a quick ratio of 3.40 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 (EPS) for the quarter. The business had revenue of $129.42 million during the quarter.
Institutional Trading of BitFuFu
An institutional investor recently bought a new position in BitFuFu stock. MMCAP International Inc. SPC purchased a new stake in BitFuFu Inc. (NASDAQ:FUFU - Free Report) during the first quarter, according to its most recent filing with the SEC. The fund purchased 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.
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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