Blue Hat Interactive Entertainment Technology (BHAT, Financial) faced a significant drop in its stock value, declining by 13.69%. The stock is currently priced at $0.290 with a trading volume of 130,486 shares and a turnover rate of 0.22%, while experiencing a price fluctuation of 15.54%.
Recent financial reports reveal the company generated a revenue of $73.69 million, but reported a net loss of $26.69 million, resulting in an earnings per share (EPS) of -$0.90. The company's gross profit stood at $1.15 million, with a price-to-earnings (P/E) ratio of -0.45. At present, there are no institutional ratings such as buy, hold, or sell recommendations for the stock.
Within the digital entertainment sector, which saw an overall decline of 1.41%, some related stocks such as Roblox, Heshine Media, and Gaxos.Ai Inc. showed significant gains. Other active stocks in the sector included Gd Culture Group Limited, Bilibili, and Roblox, with turnover rates of 2.76%, 1.86%, and 0.93%, respectively. Stocks with notable price fluctuations included Snail, Inc., Blue Hat Interactive, and Bilibili.
Blue Hat is known for its development and production of augmented reality (AR) interactive entertainment games and toys. Its offerings include interactive educational materials and mobile games such as AR Racer, AR Crazy Bug, and AR Dinosaur. The company predominantly generates its revenue from its game series segment, with the majority of its income sourced from China.
