Bit Digital Inc (NASDAQ: BTBT) kicked off on Monday, down -3.81% from the previous trading day, before settling in for the closing price of $2.10. Over the past 52 weeks, BTBT has traded in a range of $1.76-$5.74.
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Financial Sector giant saw their annual sales surged by 93.87% over the last five years. While this was happening, its average annual earnings per share was recorded -161.40%. With a float of $178.47 million, this company’s outstanding shares have now reached $179.13 million.
The firm has a total of 54 workers. Let’s measure their productivity. In terms of profitability, gross margin is 57.73%, operating margin of -11.1%, and the pretax margin is 19.71%.
Bit Digital Inc (BTBT) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Bit Digital Inc is 2.17%, while institutional ownership is 35.27%.
Bit Digital Inc (BTBT) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -161.40% per share during the next fiscal year.
Bit Digital Inc (NASDAQ: BTBT) Trading Performance Indicators
Take a look at Bit Digital Inc’s (BTBT) current performance indicators. Last quarter, stock had a quick ratio of 5.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.24, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach 0.24 in one year’s time.
Technical Analysis of Bit Digital Inc (BTBT)
Analysing the last 5-days average volume posted by the [Bit Digital Inc, BTBT], we can find that recorded value of 11.19 million was lower than the volume posted last year of 16.36 million. As of the previous 9 days, the stock’s Stochastic %D was 13.51%. Additionally, its Average True Range was 0.21.
During the past 100 days, Bit Digital Inc’s (BTBT) raw stochastic average was set at 2.10%, which indicates a significant decrease from 10.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 74.91% in the past 14 days, which was lower than the 108.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.76, while its 200-day Moving Average is $3.36. Now, the first resistance to watch is $2.06. This is followed by the second major resistance level at $2.10. The third major resistance level sits at $2.16. If the price goes on to break the first support level at $1.96, it is likely to go to the next support level at $1.90. Should the price break the second support level, the third support level stands at $1.86.
Bit Digital Inc (NASDAQ: BTBT) Key Stats
The company with the Market Capitalisation of 368.52 million has total of 153,509K Shares Outstanding. Its annual sales at the moment are 108,050 K in contrast with the sum of 28,310 K annual income. Company’s last quarter sales were recorded 26,100 K and last quarter income was 28,970 K.
