Bit Digital Inc. (NASDAQ: BTBT) started the day on December 27, 2021, with a price decrease of -4.15% at $6.93. During the day, the stock rose to $7.52 and sunk to $6.72 before settling in for the price of $7.23 at the close. Taking a more long-term approach, BTBT posted a 52-week range of $3.97-$33.00.
Meanwhile, its Annual Earning per share during the time was 60.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 148.00%. This publicly-traded company’s shares outstanding now amounts to $49.74 million, simultaneously with a float of $32.14 million. The organization now has a market capitalization sitting at $444.35 million. At the time of writing, stock’s 50-day Moving Average stood at $9.67, while the 200-day Moving Average is $10.39.
While finding the extent of efficiency of the company that is accounted for 63 employees. It has generated 1,404,341 per worker during the last fiscal year. Meanwhile, its income per employee was 128,290. The stock had 79.55 Receivables turnover and 0.95 Total Asset turnover. For the Profitability, stocks gross margin was +17.26, operating margin was +5.32 and Pretax Margin of +9.14.
Bit Digital Inc. (BTBT) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Software – Application Industry. Bit Digital Inc.’s current insider ownership accounts for 20.38%, in contrast to 25.30% institutional ownership.
Bit Digital Inc. (BTBT) Earnings and Revenue Records
This company achieved a net margin of +9.14 while generating a return on equity of 9.19.
Bit Digital Inc.’s EPS increase for this current 12-month fiscal period is 148.00% and is forecasted to reach 0.75 in the upcoming year.
Bit Digital Inc. (NASDAQ: BTBT) Trading Performance Indicators
Let’s observe the current performance indicators for Bit Digital Inc. (BTBT). It’s Quick Ratio in the last reported quarter now stands at 18.80. The Stock has managed to achieve an average true range (ATR) of 0.72. Alongside those numbers, its PE Ratio stands at $9.04, and its Beta score is 7.51. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 4.79.
In the same vein, BTBT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.77, a figure that is expected to reach 0.24 in the next quarter, and analysts are predicting that it will be 0.75 at the market close of one year from today.
Technical Analysis of Bit Digital Inc. (BTBT)
If we take a close look at the recent performances of Bit Digital Inc. (NASDAQ: BTBT), its last 5-days Average volume was 2.99 million that shows plunge from its year to date volume of 8.96 million. During the previous 9 days, stock’s Stochastic %D was recorded 63.64% While, its Average True Range was 0.73.
Raw Stochastic average of Bit Digital Inc. (BTBT) in the period of the previous 100 days is set at 4.89%, which indicates a major fall in contrast to 29.10% 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 72.77% that was lower than 119.96% volatility it exhibited in the past 100-days period.