On Friday, Bit Digital Inc (NASDAQ: BTBT) was 3.39% up from the session before settling in for the closing price of $3.54. A 52-week range for BTBT has been $1.69 – $5.74.
When this article was written, the company’s average yearly earnings per share was at -208.42%. With a float of $308.21 million, this company’s outstanding shares have now reached $321.43 million.
In an organization with 54 employees, it is important to assess its efficiency.
Bit Digital Inc (BTBT) Insider and Institutional Ownership
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 4.11%, while institutional ownership is 38.47%. The most recent insider transaction that took place on Jun 25 ’25, was worth 1,000,000. In this transaction Director of this company bought 500,000 shares at a rate of $2.00, taking the stock ownership to the 500,000 shares. Before that another transaction happened on Jun 25 ’25, when Company’s Chief Executive Officer bought 750,000 for $2.00, making the entire transaction worth $1,500,000. This insider now owns 2,108,089 shares in total.
Bit Digital Inc (BTBT) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.11 earnings per share (EPS) during the time that was less than consensus figure (set at -0.02) by -0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -208.42% 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 7.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 11.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.34, a number that is poised to hit -0.00 in the next quarter and is forecasted to reach 0.04 in one year’s time.
Technical Analysis of Bit Digital Inc (BTBT)
Let’s dig in a bit further. During the last 5-days, its volume was 35.86 million. That was better than the volume of 26.69 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 21.81%.
During the past 100 days, Bit Digital Inc’s (BTBT) raw stochastic average was set at 66.67%, which indicates a significant increase from 19.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.33 in the past 14 days, which was higher than the 0.27 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.29, while its 200-day Moving Average is $2.80. However, in the short run, Bit Digital Inc’s stock first resistance to watch stands at $3.73. Second resistance stands at $3.79. The third major resistance level sits at $3.90. If the price goes on to break the first support level at $3.56, it is likely to go to the next support level at $3.45. The third support level lies at $3.39 if the price breaches the second support level.
Bit Digital Inc (NASDAQ: BTBT) Key Stats
There are 321,433K outstanding shares of the company, which has a market capitalization of 1.18 billion. As of now, sales total 108,050 K while income totals 28,310 K. Its latest quarter income was 25,660 K while its last quarter net income were 14,870 K.
