Exchange Traded Concepts LLC reduced its holdings in BitFuFu Inc. (NASDAQ:FUFU - Free Report) by 20.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 528,379 shares of the company's stock after selling 132,959 shares during the period. Exchange Traded Concepts LLC owned approximately 0.32% of BitFuFu worth $2,135,000 as of its most recent filing with the Securities and Exchange Commission.
Separately, MMCAP International Inc. SPC purchased a new position in BitFuFu during the first quarter worth approximately $82,000. 37.26% of the stock is owned by hedge funds and other institutional investors.
BitFuFu Stock Up 1.5 %
NASDAQ FUFU traded up $0.07 on Tuesday, reaching $4.67. 115,354 shares of the company were exchanged, compared to its average volume of 210,083. BitFuFu Inc. has a fifty-two week low of $2.32 and a fifty-two week high of $18.32. The business's fifty day moving average price is $4.38 and its 200 day moving average price is $4.09. The company has a debt-to-equity ratio of 0.87, a quick ratio of 3.40 and a current ratio of 3.41.
BitFuFu (NASDAQ:FUFU - Get Free Report) last announced its quarterly earnings data on Tuesday, August 20th. The company reported $0.01 earnings per share (EPS) for the quarter. The firm had revenue of $129.42 million during the quarter.
BitFuFu Profile
(
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.
Recommended Stories
Before you consider BitFuFu, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BitFuFu wasn't on the list.
While BitFuFu currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
