Fujian Blue Hat Interactive Entertainment Technology (NASDAQ:BHAT) Stock Price Up 28.5% – Should You Buy?

Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT) rose 28.5% during trading on Tuesday . The company traded as high as $0.14 and last traded at $0.12. Approximately 208,966,230 shares changed hands during mid-day trading, an increase of 183% from the average daily volume of 73,745,758 shares. The stock had previously closed at $0.09.

Fujian Blue Hat Interactive Entertainment Technology Price Performance

The firm has a 50-day moving average of $0.16 and a 200 day moving average of $0.45.

Fujian Blue Hat Interactive Entertainment Technology Company Profile

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.