Are Analysts Too Bullish On Blue Hat Interactive Entertainment Technology (BHAT)

Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) currently has a daily average trading volume of 292.85K but it saw 1472115 shares traded in last market. With a market cap of 20.67M USD, the company’s current market price of $0.35 came rising about 15.23 while comparing to the previous closing price of $0.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.00 and as low as $0.28. In the recent trading on the day, stock has struck highest price mark of $0.321 while lowest mark touched by it was $0.4039.

Taking a look at 20-day trading activity of Blue Hat Interactive Entertainment Technology (BHAT) gives us an average price of $0.3521, while its current price level is -88.20% below from 52-week high level whereas it is 25.49% 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 $0.5214 while that of 200 days or SMA-200 reads an average of $0.9406. A closer look into the stock’s movement over the week reveals that its volatility is standing at 22.69% during that period while stretching the period over a month that decreases to 15.56%. 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 42.61 which implies that the stock is in neutral territory.

Over the week, BHAT’s stock price is moving 14.08% up while it is -16.15% when we observe its performance for the past one month. Year-to-date it is -64.60% down and over the past year, the stock is showing a downside performance of -73.38%.

Currently, Blue Hat Interactive Entertainment Technology’s total number of outstanding shares is 58.40M. Company’s return on investment (ROI) stands at -61.21%. Stock’s beta reads 1.13. Stock has a price to book (P/B) ratio of 0.51 while price to sale or P/S ratio amounts to 0.28.