Fujian Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) Shares Gap Down – Time to Sell?

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) gapped down prior to trading on Wednesday . The stock had previously closed at $3.41, but opened at $3.30. Fujian Blue Hat Interactive Entertainment Technology shares last traded at $3.15, with a volume of 189,976 shares changing hands.

Fujian Blue Hat Interactive Entertainment Technology Price Performance

The firm has a 50-day simple moving average of $5.11 and a two-hundred day simple moving average of $17.42. The company has a debt-to-equity ratio of 0.02, a current ratio of 5.88 and a quick ratio of 5.06.

About Fujian Blue Hat Interactive Entertainment Technology

Fujian Blue Hat Interactive Entertainment Technology Ltd. designs, produces, promotes, and sells animated toys with mobile games features, intellectual property, and peripheral derivatives features worldwide. It offers AR Racer, a car-racing mobile game; AR Crazy Bug, a combat game played using a ladybug-shaped electronic toy; AR 3D Magic Box, which uses AR recognition technology to allow children to draw shapes or objects onto a physical card while the mobile game captures the drawings and animates them onto a set background; AR Dinosaur, an educational toy; and AR Shake Bouncing Bubble, which helps children to improve concentration and reaction, as well as Talking Tom and Friends' Bouncing Bubble.