On Friday, Bit Digital Inc (NASDAQ: BTBT) was 6.94% up from the session before settling in for the closing price of $1.73. A 52-week range for BTBT has been $1.69 – $5.74.
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Financial Sector giant saw their annual sales surged by 93.87% over the last five years. When this article was written, the company’s average yearly earnings per share was at -161.40%. With a float of $178.78 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
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Bit Digital Inc stocks. The insider ownership of Bit Digital Inc is 2.17%, while institutional ownership is 35.49%.
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
You can see what Bit Digital Inc (BTBT) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 5.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.12.
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 19.83 million was better than the volume posted last year of 16.32 million. As of the previous 9 days, the stock’s Stochastic %D was 23.71%. Additionally, its Average True Range was 0.22.
During the past 100 days, Bit Digital Inc’s (BTBT) raw stochastic average was set at 4.56%, which indicates a significant decrease from 20.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 86.10% in the past 14 days, which was lower than the 98.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.4947, while its 200-day Moving Average is $3.3231. Now, the first resistance to watch is $1.9020. This is followed by the second major resistance level at $1.9540. The third major resistance level sits at $2.0480. If the price goes on to break the first support level at $1.7560, it is likely to go to the next support level at $1.6620. Should the price break the second support level, the third support level stands at $1.6100.
Bit Digital Inc (NASDAQ: BTBT) Key Stats
There are 153,509K outstanding shares of the company, which has a market capitalization of 337.51 million. As of now, sales total 108,050 K while income totals 28,310 K. Its latest quarter income was 26,100 K while its last quarter net income were 28,970 K.
