On Monday, Bitfarms Ltd (NASDAQ: BITF) opened higher 9.52% from the last session, before settling in for the closing price of $1.26. Price fluctuations for BITF have ranged from $0.67 to $2.76 over the past 52 weeks.
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Company’s average yearly earnings per share was noted -0.96% at the time writing. With a float of $516.10 million, this company’s outstanding shares have now reached $557.55 million.
In terms of profitability, gross margin is -10.61%, operating margin of -55.51%, and the pretax margin is -41.23%.
Bitfarms Ltd (BITF) Insider Activity
A key investor’s attitude towards the stock of the Capital Markets industry is another important factor to consider. The insider ownership of Bitfarms Ltd is 7.43%, while institutional ownership is 19.28%. 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) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.08 earnings per share (EPS) for the quarter, besting the agreed prediction (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
Check out the current performance indicators for Bitfarms Ltd (BITF). In the past 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 3.13.
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)
Analysing the last 5-days average volume posted by the [Bitfarms Ltd, BITF], we can find that recorded value of 32.59 million was better than the volume posted last year of 26.03 million. As of the previous 9 days, the stock’s Stochastic %D was 72.85%.
During the past 100 days, Bitfarms Ltd’s (BITF) raw stochastic average was set at 97.26%, which indicates a significant increase from 92.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.0904 in the past 14 days, which was higher than the 0.0764 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0584, while its 200-day Moving Average is $1.3270. Now, the first resistance to watch is $1.4383. This is followed by the second major resistance level at $1.4967. The third major resistance level sits at $1.5933. If the price goes on to break the first support level at $1.2833, it is likely to go to the next support level at $1.1867. Should the price break the second support level, the third support level stands at $1.1283.
Bitfarms Ltd (NASDAQ: BITF) Key Stats
There are currently 557,549K shares outstanding in the company with a market cap of 769.42 million. Presently, the company’s annual sales total 192,880 K according to its annual income of -54,060 K. Last quarter, the company’s sales amounted to 66,850 K and its income totaled -35,880 K.
