Shares of BitFuFu Inc. (NASDAQ:FUFU – Get Free Report) dropped 9.3% during mid-day trading on Wednesday . The company traded as low as $3.61 and last traded at $3.63. Approximately 59,838 shares were traded during trading, a decline of 78% from the average daily volume of 268,165 shares. The stock had previously closed at $4.00.
BitFuFu Stock Performance
The company has a current ratio of 2.93, a quick ratio of 2.92 and a debt-to-equity ratio of 0.88. The firm’s 50 day moving average is $4.40.
BitFuFu (NASDAQ:FUFU – Get Free Report) last announced its quarterly earnings data on Monday, May 20th. The company reported $0.23 earnings per share for the quarter. The firm had revenue of $144.41 million for the quarter.
Institutional Inflows and Outflows
BitFuFu Company Profile
BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.
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