Witnessing the stock’s movement on the chart, on December 20, 2021, Bitfarms Ltd. (NASDAQ: BITF) had a quiet start as it plunged -3.81% to $4.55. During the day, the stock rose to $4.65 and sunk to $4.4048 before settling in for the price of $4.73 at the close. Taking a more long-term approach, BITF posted a 52-week range of $0.99-$10.00.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -570.20%. This publicly-traded company’s shares outstanding now amounts to $166.94 million, simultaneously with a float of $160.57 million. The organization now has a market capitalization sitting at $1.16 billion. At the time of writing, stock’s 50-day Moving Average stood at $6.45.
Bitfarms Ltd. (BITF) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Capital Markets industry. Bitfarms Ltd.’s current insider ownership accounts for 25.06%, in contrast to 8.73% institutional ownership.
Bitfarms Ltd. (BITF) Earnings and Revenue Records
Bitfarms Ltd.’s EPS decrease for this current 12-month fiscal period is -570.20% and is forecasted to reach 0.40 in the upcoming year.
Bitfarms Ltd. (NASDAQ: BITF) Trading Performance Indicators
Let’s observe the current performance indicators for Bitfarms Ltd. (BITF). It’s Quick Ratio in the last reported quarter now stands at 5.50. The Stock has managed to achieve an average true range (ATR) of 0.71. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 7.46.
In the same vein, BITF’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.02, a figure that is expected to reach 0.13 in the next quarter, and analysts are predicting that it will be 0.40 at the market close of one year from today.
Technical Analysis of Bitfarms Ltd. (BITF)
Going through the that latest performance of [Bitfarms Ltd., BITF]. Its last 5-days volume of 7.29 million indicated improvement to the volume of 6.73 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 10.45% While, its Average True Range was 0.63.
Raw Stochastic average of Bitfarms Ltd. (BITF) in the period of the previous 100 days is set at 13.80%, which indicates a major rise in contrast to 3.90% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 79.24% that was lower than 98.96% volatility it exhibited in the past 100-days period.