Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Bit Origin Ltd (NASDAQ: BTOG) closed at $0.52 up 14.41% from its previous closing price of $0.45. In other words, the price has increased by $14.41 from its previous closing price. On the day, 8.6 million shares were traded. BTOG stock price reached its highest trading level at $0.5298 during the session, while it also had its lowest trading level at $0.4504.
Ratios:
For a deeper understanding of Bit Origin Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.04.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTOG now has a Market Capitalization of 46119312 and an Enterprise Value of 9275544.
Stock Price History:
The Beta on a monthly basis for BTOG is 1.68, which has changed by -0.76438355 over the last 52 weeks, in comparison to a change of 0.16845357 over the same period for the S&P500. Over the past 52 weeks, BTOG has reached a high of $2.74, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 22.72%, while the 200-Day Moving Average is calculated to be 36.62%.
Shares Statistics:
For the past three months, BTOG has traded an average of 33.57M shares per day and 7369620 over the past ten days. A total of 89.38M shares are outstanding, with a floating share count of 81.27M. Insiders hold about 9.07% of the company’s shares, while institutions hold 0.18% stake in the company. Shares short for BTOG as of 1757894400 were 6805815 with a Short Ratio of 0.20, compared to 1755216000 on 8729348. Therefore, it implies a Short% of Shares Outstanding of 6805815 and a Short% of Float of 7.61.
