On Friday, Bitfarms Ltd (NASDAQ: BITF) was -2.22% drop from the session before settling in for the closing price of $4.06. A 52-week range for BITF has been $0.67 – $6.60.
When this article was written, the company’s average yearly earnings per share was at -11.54%. With a float of $525.06 million, this company’s outstanding shares have now reached $557.55 million.
Bitfarms Ltd (BITF) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Bitfarms Ltd stocks. The insider ownership of Bitfarms Ltd is 4.98%, while institutional ownership is 26.06%. 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) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.08 earnings per share (EPS) during the time that was better than consensus figure (set at -0.1) by 0.02. 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 -11.54% per share during the next fiscal year.
Bitfarms Ltd (NASDAQ: BITF) Trading Performance Indicators
You can see what Bitfarms Ltd (BITF) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.03. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.93.
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 -0.05 in one year’s time.
Technical Analysis of Bitfarms Ltd (BITF)
Bitfarms Ltd (NASDAQ: BITF) saw its 5-day average volume 77.12 million, a positive change from its year-to-date volume of 42.78 million. As of the previous 9 days, the stock’s Stochastic %D was 25.50%.
During the past 100 days, Bitfarms Ltd’s (BITF) raw stochastic average was set at 55.42%, which indicates a significant increase from 9.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.59 in the past 14 days, which was higher than the 0.23 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.11, while its 200-day Moving Average is $1.60. Nevertheless, the first resistance level for the watch stands at $4.17 in the near term. At $4.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.54. If the price goes on to break the first support level at $3.80, it is likely to go to the next support level at $3.62. Assuming the price breaks the second support level, the third support level stands at $3.43.
Bitfarms Ltd (NASDAQ: BITF) Key Stats
There are 563,008K outstanding shares of the company, which has a market capitalization of 2.19 billion. As of now, sales total 192,880 K while income totals -54,060 K. Its latest quarter income was 77,800 K while its last quarter net income were -28,840 K.
