Look Past The Setbacks And Give Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Another Chance

Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) currently has a daily average trading volume of 963.76K but it saw 2728367 shares traded in last market. With a market cap of 7.56M USD, the company’s current market price of $0.13 came rising about 8.82 while comparing to the previous closing price of $0.12. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.45 and as low as $0.10. In the recent trading on the day, stock has struck highest price mark of $0.1138 while lowest mark touched by it was $0.1298.

Taking a look at 20-day trading activity of Blue Hat Interactive Entertainment Technology (BHAT) gives us an average price of $0.1372, while its current price level is -91.07% below from 52-week high level whereas it is 25.73% 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 $0.2103 while that of 200 days or SMA-200 reads an average of $0.7130. A closer look into the stock’s movement over the week reveals that its volatility is standing at 15.30% during that period while stretching the period over a month that increases to 17.97%. 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 38.24 which implies that the stock is in neutral territory.

Over the week, BHAT’s stock price is moving 11.64% up while it is -24.27% when we observe its performance for the past one month. Year-to-date it is -87.05% down and over the past year, the stock is showing a downside performance of -88.74%.

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 1.06. Stock has a price to book (P/B) ratio of 0.19 while price to sale or P/S ratio amounts to 0.10.