BurgerFi International Inc (NASDAQ:BFI) does about 7.54M shares in volume on a normal day but saw 2185230 shares change hands in the recent trading day. The company now has a market cap of 6.33M USD. Its current market price is $0.23, marking a decrease of -29.61% compared to the previous close of $0.33. The 52 week high reached by this stock is $1.61 whilst the lowest price level in 52 weeks is $0.13.
BurgerFi International Inc (BFI) has a 20-day trading average at $0.3822 and the current price is -85.65% off the 52-week high compared with 74.42% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.2794 and its 200-day simple moving average is $0.5788. If we look at the stock’s price movements over the week, volatility stands at 15.34%, which increases to 30.50% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 37.14 to suggest the stock is neutral.
The consensus objective for the share price is $1.30, suggesting that the stock has a potential upside of 82.31% over the period.
1 analysts have rated it as a buy and 0 have advised that investors hold their positions. The consensus recommendation rating is Buy and Wall Street’s advice is for investors to Strong Buy the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on November 23, 2021 when BTIG Research initiated the stock to “Buy” and issued a price target of $11.
BurgerFi International Inc (BFI) stock is down -37.88% over the week and 15.49% over the past month. Its price is -73.12% year-to-date and -83.84% over the past year.
The stock last released its quarterly earnings report for quarter ended 3/31/2024, with the company’s earnings per share (EPS) of -0.39 below consensus estimates by -0.15. The company’s next earnings report forecasts estimating quarterly EPS at -0.18 and -0.82 for whole year. Expected sales for next quarter are $39.5M, which analysts say will come at $166.6M for the current fiscal year and next year at $169.4M. In addition, estimates put the company’s current quarterly revenue at an average of $42.3M.
To reach the target analysts have set, the stock logically needs to grow 82.31 percent from here.
Outstanding shares total 26.83M with insiders holding 43.87% of the shares and institutional holders owning 19.72% of the company’s common stock. The company has a return on investment of -16.76% and return on equity of -23.89%. The beta has a value of 0.51. Price to book ratio is 0.12 and price to sales ratio is 0.04.
