Bitfarms Ltd (NASDAQ: BITF) started the day on Thursday, with a price decrease of -2.80% at $2.08, before settling in for the price of $2.14 at the close. Taking a more long-term approach, BITF posted a 52-week range of $1.52-$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 52.86%. This publicly-traded company’s shares outstanding now amounts to $452.94 million, simultaneously with a float of $378.19 million. The organization now has a market capitalization sitting at $982.80 million. At the time of writing, stock’s 50-day Moving Average stood at $2.06, while the 200-day Moving Average is $2.24.
Bitfarms Ltd (BITF) 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. Bitfarms Ltd’s current insider ownership accounts for 19.96%, in contrast to 19.70% institutional ownership.
Bitfarms Ltd (BITF) Earnings and Revenue Records
Bitfarms Ltd’s EPS increase for this current 12-month fiscal period is 52.86% and is forecasted to reach 0.11 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 0.20. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.37.
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 0.11 at the market close of one year from today.
Technical Analysis of Bitfarms Ltd (BITF)
If we take a close look at the recent performances of Bitfarms Ltd (NASDAQ: BITF), its last 5-days Average volume was 47.71 million that shows progress from its year to date volume of 25.07 million. During the previous 9 days, stock’s Stochastic %D was recorded 35.38% While, its Average True Range was 0.21.
Raw Stochastic average of Bitfarms Ltd (BITF) in the period of the previous 100 days is set at 28.70%, which indicates a major fall in contrast to 33.94% 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 74.86% that was lower than 94.30% volatility it exhibited in the past 100-days period.
