BitFuFu Inc (NASDAQ: FUFU) Is Down -2.92% In A Month. Could There Be Any Hope That It Will Rise Soon?

During the last session, BitFuFu Inc (NASDAQ:FUFU)’s traded shares were 0.28 million, with the beta value of the company hitting 0.26. At the end of the trading day, the stock’s price was $4.32, reflecting an intraday loss of -6.70% or -$0.31. The 52-week high for the FUFU share is $7.39, that puts it down -71.06 from that peak though still a striking 42.13% gain since the share price plummeted to a 52-week low of $2.50. The company’s market capitalization is $704.62M, and the average intraday trading volume over the past 10 days was 0.2 million shares, and the average trade volume was 182.42K shares over the past three months.

BitFuFu Inc (NASDAQ:FUFU) trade information

BitFuFu Inc (FUFU) registered a -6.70% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -6.70% in intraday trading to $4.32, hitting a weekly high. The stock’s 5-day price performance is 2.37%, and it has moved by -2.92% in 30 days. Based on these gigs, the overall price performance for the year is 53.19%. The short interest in BitFuFu Inc (NASDAQ:FUFU) is 0.3 million shares and it means that shorts have 1.4 day(s) to cover.

BitFuFu Inc (FUFU) estimates and forecasts

In the rating firms’ projections, revenue will increase 25.99% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 114.03M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 132.28M by the end of current fiscal year.

While earnings are projected to return -47.06% in 2025.

FUFU Dividends

BitFuFu Inc is due to release its next quarterly earnings on 2025-Mar-24. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

BitFuFu Inc (NASDAQ:FUFU)’s Major holders

BitFuFu Inc insiders own 47.68% of total outstanding shares while institutional holders control 3.94%, with the float percentage being 7.52%.

Also, the Mutual Funds coming in first place with the largest holdings of BitFuFu Inc (FUFU) shares are EXCHANGE TRADED CONCEPTS TRUST-Bitwise Crypto Industry Innovators ETF and Fidelity Concord Street Trust-Fidelity Nasdaq Composite Index Fund . Data provided on Dec 31, 2024 indicates that EXCHANGE TRADED CONCEPTS TRUST-Bitwise Crypto Industry Innovators ETF owns about 504.52 shares. This amounts to just over 1.80 percent of the company’s overall shares, with a $2.18 million market value. The same data shows that the other fund manager holds slightly less at 17.33, or about 0.06% of the stock, which is worth about $74869.0.