A new trading day began on Friday, with Bitfarms Ltd (NASDAQ: BITF) stock price up 2.73% from the previous day of trading, before settling in for the closing price of $2.93. BITF’s price has ranged from $0.67 to $3.60 over the past 52 weeks.
Meanwhile, its annual earnings per share averaged -0.96%. With a float of $525.06 million, this company’s outstanding shares have now reached $557.55 million.
Bitfarms Ltd (BITF) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Bitfarms Ltd is 4.98%, while institutional ownership is 18.99%. The most recent insider transaction that took place on May 27 ’25, was worth 97,319,785. Before that another transaction happened on Nov 07 ’24, when Company’s Former Director proposed sale 100,000 for $2.17, making the entire transaction worth $217,120.
Bitfarms Ltd (BITF) Recent Fiscal highlights
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.08 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -0.96% per share during the next fiscal year.
Bitfarms Ltd (NASDAQ: BITF) Trading Performance Indicators
Here are Bitfarms Ltd’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit -0.02 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of Bitfarms Ltd (BITF)
Compared to the last year’s volume of 33.62 million, its volume of 57.99 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 60.60%.
During the past 100 days, Bitfarms Ltd’s (BITF) raw stochastic average was set at 79.66%, which indicates a significant increase from 53.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.31 in the past 14 days, which was higher than the 0.12 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.79, while its 200-day Moving Average is $1.32. Nevertheless, the first resistance level for the watch stands at $3.13 in the near term. At $3.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.36. If the price goes on to break the first support level at $2.90, it is likely to go to the next support level at $2.80. Now, if the price goes above the second support level, the third support stands at $2.67.
Bitfarms Ltd (NASDAQ: BITF) Key Stats
With a market capitalization of 1.66 billion, the company has a total of 562,292K Shares Outstanding. Currently, annual sales are 192,880 K while annual income is -54,060 K. The company’s previous quarter sales were 77,800 K while its latest quarter income was -28,840 K.
