Better Home & Finance Holding Co. (NASDAQ:BETR) saw a downside of -5.12% to close Monday at $0.52 after subtracting -$0.02 on the day. The 5-day average trading volume is 3,098,240 shares of the company’s common stock. It has gained $0.6800 in the past week and touched a new high 1 time within the past 5 days. An average of 9,221,775 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 6,197,822.
BETR’s 1-month performance is -55.07% or -$0.6733 on its low of $0.5101 reached on 09/25/23. The company’s shares have touched a 52-week low of $0.52 and high of $62.91, with the stock’s rally to the 52-week high happening on 07/28/23. YTD, BETR has lost -94.88% or -$9.5733 and has reached a new high 23 times. However, the current price is down -99.18% from the 52-week high price.
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Valuation Metrics
BETR stock has a beta of 1.80. Moving on to other valuation ratios, the price-to-book (PB) in the most recent quarter is 121.86, with the price to cash flow ratio at 0.39.
Better Home & Finance Holding Co.’s quick ratio for the recent period was 0.13, with the current ratio over the same period at 0.13.
Earnings Surprise
Net income grew 107.2% to -$9.31 million, while revenue of $0.0 was 100.0% off the previous quarter. BETR stock balance sheet for the recent quarter shows that total liabilities totaled 22.95 million, with total debt at $1.05 billion. Shareholders hold equity totaling $9.0 million.
Let’s look briefly at Better Home & Finance Holding Co. (BETR) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 25 September was 25.10% to suggest the stock is trending oversold, with historical volatility in this time period at 49.26%.
The stock’s 5-day moving average is $0.5798, reflecting a -22.30% or -$0.1483 change from its current price. BETR is currently trading -56.58% above its 20-day SMA, -94.92% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -95.00% and SMA200 by-94.76%.
Stochastic %K and %D was 6.14% and 12.64% and the average true range (ATR) pointed at 0.8513. The RSI (14) points at 32.55%, while the 14-day stochastic is at 2.13% with the period’s ATR at 1.9185. The stock’s 9-day MACD Oscillator is pointing at -0.0723 and -0.0897 on the 14-day charts.
