BitFuFu Inc (NASDAQ:FUFU) 52.07% Above Its 52-Week Low, How Long Will It Keep Rising?

In last trading session, BitFuFu Inc (NASDAQ:FUFU) saw 0.32 million shares changing hands with its beta currently measuring 0.22. Company’s recent per share price level of $4.84 trading at -$0.24 or -4.72% at ring of the bell on the day assigns it a market valuation of $788.44M. That closing price of FUFU’s stock is at a discount of -278.51% from its 52-week high price of $18.32 and is indicating a premium of 52.07% from its 52-week low price of $2.32. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.21 million shares which gives us an average trading volume of 134.25K if we extend that period to 3-months.

BitFuFu Inc (NASDAQ:FUFU) trade information

Upright in the red during last session for losing -4.72%, in the last five days FUFU remained trading in the red while hitting it’s week-highest on Monday, 12/16/24 when the stock touched $4.84 price level, adding 17.83% to its value on the day. BitFuFu Inc’s shares saw a change of -55.64% in year-to-date performance and have moved -6.38% in past 5-day. BitFuFu Inc (NASDAQ:FUFU) showed a performance of -7.98% in past 30-days. Number of shares sold short was 0.42 million shares which calculate 2.47 days to cover the short interests.

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BitFuFu Inc (FUFU) estimates and forecasts

Statistics highlight that BitFuFu Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -6.92% of value to its shares in past 6 months, showing an annual growth rate of 157.14% while that of industry is 7.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 99.28M for the same. And 1 analysts are in estimates of company making revenue of 121.15M in the next quarter.