Better Home & Finance (NASDAQ:BETR) Shares Up 7.4% – Here’s What Happened

Better Home & Finance Holding (NASDAQ:BETRGet Free Report)’s stock price traded up 7.4% during mid-day trading on Friday . The stock traded as high as 15.84 and last traded at 15.84. 2,527 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 27,347 shares. The stock had previously closed at 14.75.

Better Home & Finance Stock Performance

The firm has a fifty day simple moving average of 15.36 and a 200-day simple moving average of 5.65. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 0.61.

Better Home & Finance (NASDAQ:BETRGet Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported -2.50 earnings per share for the quarter. Better Home & Finance had a negative return on equity of 225.59% and a negative net margin of 609.77%. The firm had revenue of 32.26 million during the quarter.

About Better Home & Finance

(Get Free Report)

Better Home & Finance Holding Company operates as a homeownership company in the United States. The company provides government-sponsored enterprise (GSE) conforming loans, U.S. Federal Housing Administration insured loans, U.S. Department of Veterans Affairs guaranteed loans, and jumbo loans to GSEs, banks, insurance companies, asset managers, and mortgage real estate investment trusts.

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