Bit Digital Inc (NASDAQ: BTBT) started the day on Wednesday, with a price decrease of -0.98% at $2.02, before settling in for the price of $2.04 at the close. Taking a more long-term approach, BTBT posted a 52-week range of $1.76-$5.27.
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The Financial Sector giants’ yearly sales growth during the last 5-year period was 45.76%. Meanwhile, its Annual Earning per share during the time was 7.79%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -81.25%. This publicly-traded company’s shares outstanding now amounts to $118.12 million, simultaneously with a float of $117.38 million. The organization now has a market capitalization sitting at $238.01 million. At the time of writing, stock’s 50-day Moving Average stood at $2.36, while the 200-day Moving Average is $2.70.
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 Capital Markets Industry. Bit Digital Inc’s current insider ownership accounts for 0.63%, in contrast to 34.10% institutional ownership.
Bit Digital Inc (BTBT) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/31/2023, the organization reported -0.03 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -0.13) by 0.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.02 per share during the current fiscal year.
Bit Digital Inc’s EPS decrease for this current 12-month fiscal period is -81.25% and is forecasted to reach 0.07 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 3.04. The Stock has managed to achieve an average true range (ATR) of 0.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.30.
In the same vein, BTBT’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.16, a figure that is expected to reach 0.01 in the next quarter, and analysts are predicting that it will be 0.07 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 5.36 million that shows plunge from its year to date volume of 7.89 million. During the previous 9 days, stock’s Stochastic %D was recorded 47.40% While, its Average True Range was 0.19.
Raw Stochastic average of Bit Digital Inc (BTBT) in the period of the previous 100 days is set at 7.26%, which indicates a major fall in contrast to 44.74% 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 85.86% that was lower than 108.95% volatility it exhibited in the past 100-days period.
