Better Home & Finance (NASDAQ:BETR) Stock Price Up 0.3% – Here’s Why

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

Better Home & Finance Price Performance

The company has a debt-to-equity ratio of 12.43, a current ratio of 0.84 and a quick ratio of 0.84. The firm’s 50-day moving average is $11.23 and its two-hundred day moving average is $12.28. The company has a market cap of $164.44 million, a P/E ratio of -0.80 and a beta of 1.73.

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

Institutional Trading of Better Home & Finance

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