Better Home & Finance (NASDAQ:BETR) Trading Up 0.3% – What’s Next?

Better Home & Finance Holding (NASDAQ:BETR) rose 0.3% on Thursday . The company traded as high as $11.23 and last traded at $10.84. Approximately 28,017 shares changed hands during mid-day trading, a decline of 36% from the average daily volume of 43,543 shares. The stock had previously closed at $10.81.

Better Home & Finance Price Performance

The company has a market capitalization of $155.95 million, a price-to-earnings ratio of -0.76 and a beta of 1.73. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 12.43. The stock’s 50-day moving average price is $11.20 and its 200-day moving average price is $12.23.

Better Home & Finance (NASDAQ:BETR) last issued its quarterly earnings results on Tuesday, March 18th. The company reported ($2.81) earnings per share (EPS) for the quarter. The firm had revenue of $24.98 million for the quarter. Better Home & Finance had a negative net margin of 187.29% and a negative return on equity of 300.92%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Better Home & Finance stock. Brooklyn FI LLC purchased a new stake in Better Home & Finance Holding (NASDAQ:BETR) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 235,712 shares of the company’s stock, valued at approximately $2,103,000. Brooklyn FI LLC owned 1.56% of Better Home & Finance as of its most recent SEC filing. Hedge funds and other institutional investors own 20.94% of the company’s stock.

Better Home & Finance Company Profile

Better Home & Finance Holding Co engages in the provision of comprehensive homeownership services. It offers mortgage loans, real estate agent services, and title and homeowner’s insurance services. The company was founded in 2014 and is headquartered in New York, NY.