Ideas And Forecasts On Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT)

Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) currently has a daily average trading volume of 31.61M but it saw 93002998 shares traded in last market. With a market cap of 9.68M USD, the company’s current market price of $0.04 came falling about -32.35 while comparing to the previous closing price of $0.06. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.45 and as low as $0.05. In the recent trading on the day, stock has struck highest price mark of $0.0345 while lowest mark touched by it was $0.0442.

Taking a look at 20-day trading activity of Blue Hat Interactive Entertainment Technology (BHAT) gives us an average price of $0.0820, while its current price level is -97.30% below from 52-week high level whereas it is -24.08% 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 $0.1177 while that of 200 days or SMA-200 reads an average of $0.5886. A closer look into the stock’s movement over the week reveals that its volatility is standing at 20.18% during that period while stretching the period over a month that increases to 22.32%. 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 29.23 which implies that the stock is in oversold territory.

Over the week, BHAT’s stock price is moving -37.64% down while it is -67.69% when we observe its performance for the past one month. Year-to-date it is -71.56% down and over the past year, the stock is showing a downside performance of -96.35%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Blue Hat Interactive Entertainment Technology’s total number of outstanding shares is 247.54M with 8.41% of that held by the insiders while 0.98% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -55.53% and return on equity (ROE) at -91.40%. Stock’s beta reads 0.94. Stock has a price to book (P/B) ratio of 0.06 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is -55.96% on average.