Better Home & Finance (NASDAQ:BETR) Trading Up 0.3% – Still a Buy?

Better Home & Finance Holding (NASDAQ:BETR) shares traded up 0.3% during trading on Thursday . The stock traded as high as $11.23 and last traded at $10.84. 28,017 shares traded hands during 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 Stock Down 5.2 %

The company has a market cap of $155.95 million, a price-to-earnings ratio of -0.76 and a beta of 1.73. The business has a 50-day simple moving average of $11.20 and a two-hundred day simple moving average of $12.23. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 12.43.

Better Home & Finance (NASDAQ:BETR) last posted 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 firm had revenue of $24.98 million during the quarter.

Institutional Investors Weigh In On Better Home & Finance

A hedge fund recently bought a new stake in Better Home & Finance stock. Brooklyn FI LLC bought a new position in shares of Better Home & Finance Holding (NASDAQ:BETR) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm 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 reporting period. 20.94% of the stock is owned by hedge funds and other institutional investors.

About Better Home & Finance

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.