A Few Bright Spots In Better Home & Finance Holding Co. (NASDAQ: BETR)

Better Home & Finance Holding Co. (NASDAQ:BETR) currently has a daily average trading volume of 1.32M but it saw 4436779 shares traded in last market. With a market cap of 293.44M USD, the company’s current market price of $0.39 came falling about -18.70 while comparing to the previous closing price of $0.48. In past 52 weeks, the stock remained buoying in the range of price level as high as $50.00 and as low as $0.30. In the recent trading on the day, stock has struck highest price mark of $0.32 while lowest mark touched by it was $0.4126.

Taking a look at 20-day trading activity of Better Home & Finance Holding Co. (BETR) gives us an average price of $0.5161, while its current price level is -99.22% below from 52-week high level whereas it is 29.14% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4509 while that of 200 days or SMA-200 reads an average of $0.4890. A closer look into the stock’s movement over the week reveals that its volatility is standing at 13.89% during that period while stretching the period over a month that decreases to 9.74%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 32.97 which implies that the stock is in neutral territory.

Over the week, BETR’s stock price is moving -19.36% down while it is -31.60% when we observe its performance for the past one month. Year-to-date it is -52.50% down and over the past year, the stock is showing a downside performance of -99.08%.

Currently, Better Home & Finance Holding Co.’s total number of outstanding shares is 359.36M. Company’s return on investment (ROI) stands at -60.99% and return on equity (ROE) at -2088.25%. Stock’s beta reads 1.74. Stock has a price to book (P/B) ratio of 3.36 while price to sale or P/S ratio amounts to 3.38. Its return on asset (ROA) is -100.46% on average.