The stock price of Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) has plunged by -1.50 when compared to previous closing price of 2.00, but the company has seen a 0.51% gain in its stock price over the last five trading sessions. globenewswire.com reported 2025-05-02 that XIAMEN, China, May 02, 2025 (GLOBE NEWSWIRE) — Blue Hat Interactive Entertainment Technology (“Blue Hat” or the “Company”) (NASDAQ: BHAT) today released its audited financial results for the fiscal year ended December 31, 2024. Under the strategic guidance of management, the company actively seized opportunities in the gold industry, completing the strategic procurement of 1 ton of physical gold for approximately $66.49 million in August 2024 and establishing deep partnerships with leading enterprises in the gold sector. While total revenues decreased by 74.59% to $18.72 million in 2024 from $73.69 million in 2023 due to the Company’s strategic business transformation, Blue Hat achieved a remarkable 53% growth in total assets, with current assets growing even more significantly by 78%. This growth in assets, particularly through our gold acquisition, has laid a solid resource foundation for future development as we transition to our new business model. At the same time, through continuous business optimization and cost control, the company reduced its net loss by 56%, from $21.72 million in 2023 to $9.52 million in 2024, demonstrating a significant improvement in operational quality.
Is It Worth Investing in Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) Right Now?
The stock has a 36-month beta value of 0.65.
The public float for BHAT is 4.90M, and at present, short sellers hold a 3.11% of that float. On June 19, 2025, the average trading volume of BHAT was 764.62K shares.
BHAT’s Market Performance
BHAT’s stock has seen a 0.51% increase for the week, with a 8.84% rise in the past month and a -34.44% fall in the past quarter. The volatility ratio for the week is 3.61%, and the volatility levels for the past 30 days are at 5.02% for Blue Hat Interactive Entertainment Technology The simple moving average for the past 20 days is 7.12% for BHAT’s stock, with a -84.66% simple moving average for the past 200 days.
BHAT Trading at 0.19% from the 50-Day Moving Average
After a stumble in the market that brought BHAT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.64% of loss for the given period.
Stock Fundamentals for BHAT
Current profitability levels for the company are sitting at:
- -0.24 for the present operating margin
- 0.08 for the gross margin
The net margin for Blue Hat Interactive Entertainment Technology stands at -0.51. The total capital return value is set at -0.06. Equity return is now at value -26.18, with -15.30 for asset returns.
Currently, EBITDA for the company is -9.13 million with net debt to EBITDA at -1.32. When we switch over and look at the enterprise to sales, we see a ratio of 1.33. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.
Conclusion
To sum up, Blue Hat Interactive Entertainment Technology (BHAT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
