The price of Better Home & Finance Holding Co. (NASDAQ:BETR) shares last traded on Wall Street rose 14.97% to $0.41.
BETR stock price is now 5.62% away from the 50-day moving average and -16.92% away from the 200-day moving average. The market capitalization of the company currently stands at $310.92M.
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In other news, Valani Riaz, Director sold 720,422 shares of the company’s stock on May 31 ’24. The stock was sold for $240,725 at an average price of $0.33. Upon completion of the transaction, the Director now directly owns 15,276,317 shares in the company, valued at $6.26 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 30 ’24, Director Valani Riaz sold 853,339 shares of the business’s stock. A total of $293,736 was realized by selling the stock at an average price of $0.34. This leaves the insider owning 15,996,739 shares of the company worth $6.56 million. A total of 67.96% of the company’s stock is owned by insiders.
During the past 12 months, Better Home & Finance Holding Co. has had a low of $0.30 and a high of $62.91. As of last week, the company has a debt-to-equity ratio of 7.68, a current ratio of 0.13, and a quick ratio of 0.13. The fifty day moving average price for BETR is $0.38786 and a two-hundred day moving average price translates $0.49268 for the stock.
The latest earnings results from Better Home & Finance Holding Co. (NASDAQ: BETR) was released for 2024-03-31. The net profit margin was -899.70% and return on equity was -989.42% for BETR. The company reported revenue of $22.25 million for the quarter, compared to $18.63 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.46 percent.
