Recent developments with BTCS Inc (BTCS) have led to the company’s beta value being reach 1.64 cents.

On Monday, BTCS Inc (NASDAQ: BTCS) was 33.33% up from the session before settling in for the closing price of $1.41. A 52-week range for BTCS has been $0.95 – $2.50.

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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 3.73%. When this article was written, the company’s average yearly earnings per share was at -61.82%. With a float of $9.21 million, this company’s outstanding shares have now reached $15.32 million.

The extent of productivity of a business whose workforce counts for 5 workers is very important to gauge. In terms of profitability, gross margin is 72.79%, operating margin of -242.69%, and the pretax margin is 992.82%.

BTCS Inc (BTCS) Insider and Institutional Ownership

Also, it is sometimes useful to examine the sentiment of large-scale investors toward BTCS Inc stocks. The insider ownership of BTCS Inc is 44.37%, while institutional ownership is 4.05%. The most recent insider transaction that took place on Jun 05 ’24, was worth 23,397. In this transaction Director of this company sold 14,998 shares at a rate of $1.56, taking the stock ownership to the 37,414 shares. Before that another transaction happened on Jun 06 ’24, when Company’s Director sold 6,641 for $1.55, making the entire transaction worth $10,294. This insider now owns 30,773 shares in total.

BTCS Inc (BTCS) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -61.82% per share during the next fiscal year.

BTCS Inc (NASDAQ: BTCS) Trading Performance Indicators

You can see what BTCS Inc (BTCS) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 47.45. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 18.65.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.87, a number that is poised to hit -0.06 in the next quarter

Technical Analysis of BTCS Inc (BTCS)

The latest stats from [BTCS Inc, BTCS] show that its last 5-days average volume of 0.41 million was superior to 0.15 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 77.87%. Additionally, its Average True Range was 0.12.

During the past 100 days, BTCS Inc’s (BTCS) raw stochastic average was set at 96.88%, which indicates a significant increase from 95.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 139.54% in the past 14 days, which was higher than the 83.54% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.2005, while its 200-day Moving Average is $1.4308. Now, the first resistance to watch is $2.0393. This is followed by the second major resistance level at $2.1987. The third major resistance level sits at $2.4873. If the price goes on to break the first support level at $1.5913, it is likely to go to the next support level at $1.3027. The third support level lies at $1.1433 if the price breaches the second support level.

BTCS Inc (NASDAQ: BTCS) Key Stats

There are 16,523K outstanding shares of the company, which has a market capitalization of 29.65 million. As of now, sales total 1,340 K while income totals 7,820 K. Its latest quarter income was 560 K while its last quarter net income were -6,730 K.