As on Thursday, Bitfarms Ltd (NASDAQ: BITF) started slowly as it slid -5.53% to $2.05, before settling in for the price of $2.17 at the close. Taking a more long-term approach, BITF posted a 52-week range of $1.01-$3.91.
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The Financial Sector giants’ yearly sales growth during the last 5-year period was 75.63%. Meanwhile, its Annual Earning per share during the time was -19.31%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 52.92%. This publicly-traded company’s shares outstanding now amounts to $453.51 million, simultaneously with a float of $362.99 million. The organization now has a market capitalization sitting at $1.35 billion. At the time of writing, stock’s 50-day Moving Average stood at $2.06, while the 200-day Moving Average is $2.29.
Bitfarms Ltd (BITF) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Capital Markets industry. Bitfarms Ltd’s current insider ownership accounts for 19.96%, in contrast to 20.28% institutional ownership.
Bitfarms Ltd (BITF) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
Bitfarms Ltd’s EPS increase for this current 12-month fiscal period is 52.92% and is forecasted to reach 0.08 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 3.68. 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 7.39.
In the same vein, BITF’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.34, a figure that is expected to reach -0.03 in the next quarter, and analysts are predicting that it will be 0.08 at the market close of one year from today.
Technical Analysis of Bitfarms Ltd (BITF)
Through scrutinizing the latest numbers posted by the [Bitfarms Ltd, BITF], it can be observed that its last 5-days Average volume of 59.42 million was better the volume of 24.03 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 16.28% While, its Average True Range was 0.25.
Raw Stochastic average of Bitfarms Ltd (BITF) in the period of the previous 100 days is set at 26.70%, which indicates a major fall in contrast to 32.38% 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 139.92% that was higher than 94.82% volatility it exhibited in the past 100-days period.
