Better Home & Finance: A Closer Look at Recent Stock Performance

Stock Performance

• Recent Drop: Stock price fell by 0.7% on a recent Thursday.
• Price Range: Low of $20.60, closed at $21.15.
• Trading Volume: 62,941 shares traded, a 4% increase from the average.

Company Valuation

• Market Cap: Approximately $323.38 million.
• Key Ratios:
• P/E Ratio: -1.60
• Beta: 1.51
• Average Stock Prices:
• 50-Day Average: $14.61
• 200-Day Average: $13.15

Earnings Report

• Loss per Share: $1.99 (better than expected $2.27 loss).
• Revenue: $44.14 million (matched analyst predictions).
• Profit Margin: -153.25%
• Return on Equity: -1,105.80%

Investor Activity

• Major Investors:
• JPMorgan Chase & Co.
• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
• BNP Paribas Financial Markets
• New York State Common Retirement Fund: Invested approximately $100,000 in Q2.
• Bank of America Corp DE: Increased stake by 87.6%, now owns 13,871 shares worth $172,000.
• Institutional Ownership: 20.94% of the company’s stock.

Company Overview

• Services: Mortgage loans, real estate agent services, and insurance.
• Founded: 2014
• Headquarters: New York, NY