Witnessing the stock’s movement on the chart, on Thursday, Bitfarms Ltd. (NASDAQ: BITF) had a quiet start as it plunged -5.02% to $2.46, before settling in for the price of $2.59 at the close. Taking a more long-term approach, BITF posted a 52-week range of $0.92-$3.91.
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It was noted that the giant of the Financial sector posted annual sales growth of 75.63% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -19.31%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 47.06%. This publicly-traded company’s shares outstanding now amounts to $334.15 million, simultaneously with a float of $318.68 million. The organization now has a market capitalization sitting at $980.53 million. At the time of writing, stock’s 50-day Moving Average stood at $2.56, while the 200-day Moving Average is $2.23.
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 20.05%, in contrast to 22.37% institutional ownership.
Bitfarms Ltd. (BITF) Earnings and Revenue Records
Bitfarms Ltd.’s EPS increase for this current 12-month fiscal period is 47.06% and is forecasted to reach 0.14 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 2.99. The Stock has managed to achieve an average true range (ATR) of 0.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.88.
In the same vein, BITF’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.36, a figure that is expected to reach -0.11 in the next quarter, and analysts are predicting that it will be 0.14 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 21.93 million was inferior to the volume of 23.88 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 15.84% While, its Average True Range was 0.22.
Raw Stochastic average of Bitfarms Ltd. (BITF) in the period of the previous 100 days is set at 53.41%, which indicates a major rise in contrast to 8.02% 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 85.05% that was higher than 77.63% volatility it exhibited in the past 100-days period.
