Bitfarms Ltd (NASDAQ: BITF) kicked off on Friday, down -5.22% from the previous trading day, before settling in for the closing price of $2.68. Over the past 52 weeks, BITF has traded in a range of $0.67-$3.60.
While this was happening, its average annual earnings per share was recorded -0.96%. With a float of $525.09 million, this company’s outstanding shares have now reached $557.55 million.
Bitfarms Ltd (BITF) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Capital Markets Industry. The insider ownership of Bitfarms Ltd is 4.98%, while institutional ownership is 19.20%. 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) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.08 earnings per share (EPS), higher than consensus estimate (set at -0.1) by 0.02. 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
Take a look at Bitfarms Ltd’s (BITF) current performance indicators. Last quarter, 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 5.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.17, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.03 in one year’s time.
Technical Analysis of Bitfarms Ltd (BITF)
Bitfarms Ltd (NASDAQ: BITF) saw its 5-day average volume 90.14 million, a positive change from its year-to-date volume of 32.96 million. As of the previous 9 days, the stock’s Stochastic %D was 30.40%.
During the past 100 days, Bitfarms Ltd’s (BITF) raw stochastic average was set at 63.45%, which indicates a significant increase from 53.91% 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 0.11 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.63, while its 200-day Moving Average is $1.30. Nevertheless, the first resistance level for the watch stands at $2.64 in the near term. At $2.73, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.81. If the price goes on to break the first support level at $2.47, it is likely to go to the next support level at $2.39. The third support level lies at $2.30 if the price breaches the second support level.
Bitfarms Ltd (NASDAQ: BITF) Key Stats
The company with the Market Capitalisation of 1.40 billion has total of 556,600K Shares Outstanding. Its annual sales at the moment are 192,880 K in contrast with the sum of -54,060 K annual income. Company’s last quarter sales were recorded 77,800 K and last quarter income was -28,840 K.
