Blue Hat Interactive Entertainment Technology (BHAT) Stock Could Soon Reward Patient Investors

Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) is -86.55% lower on its value in year-to-date trading and has touched a low of $0.11 and a high of $1.45 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BHAT stock was last observed hovering at around $0.12 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $0.13, the stock is -19.16% and -45.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.37 million and changing 8.73% at the moment leaves the stock -82.11% off its SMA200. BHAT registered -88.30% loss for a year compared to 6-month loss of -87.96%. The firm has a 50-day simple moving average (SMA 50) of $0.24914 and a 200-day simple moving average (SMA200) of $0.75616.

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The stock witnessed a -45.72% gain in the last 1 month and extending the period to 3 months gives it a -67.55%, and is -3.93% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 23.98% over the week and 19.12% over the month.

Blue Hat Interactive Entertainment Technology (BHAT) has around 16 employees, a market worth around $6.38M and $73.69M in sales. Profit margin for the company is -36.22%. Distance from 52-week low is 23.39% and -90.72% from its 52-week high. The company has generated returns on investments over the last 12 months (-61.21%).