Bit Digital Inc (NASDAQ: BTBT) on Tuesday, soared 3.48% from the previous trading day, before settling in for the closing price of $2.3. Within the past 52 weeks, BTBT’s price has moved between $1.69 and $5.20.
The company achieved an average annual earnings per share of -21.05%. With a float of $317.31 million, this company’s outstanding shares have now reached $322.12 million.
Bit Digital Inc (BTBT) Insider Updates
Observing investor behavior towards Capital Markets industry stocks is more important than anything else. The insider ownership of Bit Digital Inc is 1.97%, while institutional ownership is 47.77%. 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) Performance Highlights and Predictions
As on 12/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.19 earnings per share (EPS) for the period topping the consensus outlook (set at -0.03) by 0.22.
According to the Wall Street analysts, stocks earnings will be around -21.05% per share during the next fiscal year.
Bit Digital Inc (NASDAQ: BTBT) Trading Performance Indicators
Bit Digital Inc (BTBT) is currently performing well based on its current performance indicators. A quick ratio of 17.51 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.39, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach 0.02 in one year’s time.
Technical Analysis of Bit Digital Inc (BTBT)
Bit Digital Inc (NASDAQ: BTBT) saw its 5-day average volume 32.94 million, a positive change from its year-to-date volume of 27.32 million. As of the previous 9 days, the stock’s Stochastic %D was 9.49%.
During the past 100 days, Bit Digital Inc’s (BTBT) raw stochastic average was set at 15.23%, which indicates a significant increase from 10.30% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.23 in the past 14 days, which was lower than the 0.28 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.34, while its 200-day Moving Average is $2.77. Nevertheless, the first resistance level for the watch stands at $2.47 in the near term. At $2.55, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.66. If the price goes on to break the first support level at $2.28, it is likely to go to the next support level at $2.17. Assuming the price breaks the second support level, the third support level stands at $2.09.
Bit Digital Inc (NASDAQ: BTBT) Key Stats
Market capitalization of the company is 770.34 million based on 322,140K outstanding shares. Right now, sales total 108,050 K and income totals 28,310 K. The company made 30,460 K in profit during its latest quarter, and 150,880 K in sales during its previous quarter.
