Can BurgerFi International Inc’s (BFI) drop of -13.61% in a week be considered a lucky break?

BurgerFi International Inc (NASDAQ: BFI) on Monday, plunged -9.98% from the previous trading day, before settling in for the closing price of $0.36. Within the past 52 weeks, BFI’s price has moved between $0.13 and $1.61.

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A company in the Consumer Cyclical sector has jumped its sales by 51.47% annually for the last half of the decade. The company achieved an average annual earnings per share of -125.83%. With a float of $13.43 million, this company’s outstanding shares have now reached $26.83 million.

In an organization with 2484 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 16.72%, operating margin of -7.98%, and the pretax margin is -16.84%.

BurgerFi International Inc (BFI) Insider and Institutional Ownership

Observing investor behavior towards Restaurants industry stocks is more important than anything else. The insider ownership of BurgerFi International Inc is 50.98%, while institutional ownership is 14.60%. The most recent insider transaction that took place on Mar 25 ’24, was worth 11,574. In this transaction 10% Owner of this company sold 20,000 shares at a rate of $0.58, taking the stock ownership to the 2,668,396 shares. Before that another transaction happened on Mar 22 ’24, when Company’s 10% Owner sold 20,000 for $0.58, making the entire transaction worth $11,536. This insider now owns 2,688,396 shares in total.

BurgerFi International Inc (BFI) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -125.83% per share during the next fiscal year.

BurgerFi International Inc (NASDAQ: BFI) Trading Performance Indicators

BurgerFi International Inc (BFI) is currently performing well based on its current performance indicators. A quick ratio of 0.10 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.05.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.06, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.63 in one year’s time.

Technical Analysis of BurgerFi International Inc (BFI)

Let’s dig in a bit further. During the last 5-days, its volume was 0.65 million. That was inferior than the volume of 3.05 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 35.42%. Additionally, its Average True Range was 0.07.

During the past 100 days, BurgerFi International Inc’s (BFI) raw stochastic average was set at 29.78%, which indicates a significant increase from 3.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 119.92% in the past 14 days, which was lower than the 145.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.2795, while its 200-day Moving Average is $0.5828. However, in the short run, BurgerFi International Inc’s stock first resistance to watch stands at $0.3480. Second resistance stands at $0.3676. The third major resistance level sits at $0.3854. If the price goes on to break the first support level at $0.3106, it is likely to go to the next support level at $0.2928. The third support level lies at $0.2732 if the price breaches the second support level.

BurgerFi International Inc (NASDAQ: BFI) Key Stats

Market capitalization of the company is 9.00 million based on 27,404K outstanding shares. Right now, sales total 170,100 K and income totals -30,710 K. The company made 42,880 K in profit during its latest quarter, and -6,540 K in sales during its previous quarter.