As of Thursday close, Better Home & Finance Holding Co’s (NASDAQ:BETR) stock was up $0.06, moving up 6.32 percent to $0.93. The average number of shares traded per day over the past five days has been 28,634,141 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.23 fall in that time frame. In the last twenty days, the average volume was 9,668,800, while in the previous 50 days, it was 4,183,342.
Since last month, BETR stock retreated -98.13%. Shares of the company fell to $0.77 on 08/24/23, the lowest level in the past month. A 52-week high of $62.91 was reached on 07/28/23 after having rallying from a 52-week low of $0.77. Since the beginning of this year, BETR’s stock price has dropped by -90.83% or -$9.17, and marked a new high 23 times. However, the stock has declined by -98.53% since its 52-week high.
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Financial Health
In the recent quarter, Better Home & Finance Holding Co’s quick ratio stood at 0.10, while its current ratio was 0.10, showing that the company is not able to pay off its debt. Based on annual data, BETR earned $130.11 million in gross profit and brought in $270.81 million in revenue.
According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated $19.46 million in EBITDA. The liabilities of Better Home & Finance Holding Co were 798.2 million at the end of its most recent quarter, and its total debt was $1.05 billion. The value of shareholders’ equity is $76.75 million.
Technical Picture
This quick technical analysis looks at Better Home & Finance Holding Co’s (BETR) price momentum. With a historical volatility rate of 1,307.62%, the RSI 9-day stood at 25.49% on 31 August.
With respect to its five-day moving average, the current Better Home & Finance Holding Co price is down by -19.57% percent or -$0.23. At present, BETR shares trade -97.91% below its 20-day simple moving average and -90.86% percent below its 100-day simple moving average. However, the stock is currently trading approximately -90.87% below its SMA50 and -90.55% below its SMA200.
Stochastic coefficient K was 0.30% and Stochastic coefficient D was 0.38%, while ATR was 5.19. Given the Stochastic reading of 0.45% for the 14-day period, the RSI (14) reading has been calculated as 32.84%. As of today, the MACD Oscillator reading stands at -6.89, while the 14-day reading stands at -13.46.
Analyst Ratings
Better Home & Finance Holding Co (BETR) has been rated – by analysts. According to 0 brokerage firms, BETR is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Better Home & Finance Holding Co stock as buy, with 0 recommending it as overweight.
