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The closing price of Bitfarms Ltd (NASDAQ: BITF) was $6.47 for the day, up 9.85% from the previous closing price of $5.89. In other words, the price has increased by $9.85 from its previous closing price. On the day, 173.56 million shares were traded. BITF stock price reached its highest trading level at $6.6 during the session, while it also had its lowest trading level at $5.75.
Ratios:
Our analysis of BITF’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.03 and its Current Ratio is at 3.11. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
On December 04, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $6.Alliance Global Partners initiated its Buy rating on December 04, 2024, with a $6 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 27 ’25 when Riot Platforms, Inc. bought 90,110,912 shares for $1.08 per share.
MALON INVESTMENTS HOLDINGS COR bought 100,000 shares of BITF for $217,120 on Nov 07 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BITF now has a Market Capitalization of 3575319296 and an Enterprise Value of 3564789504. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.55 while its Price-to-Book (P/B) ratio in mrq is 5.45. Its current Enterprise Value per Revenue stands at 14.511 whereas that against EBITDA is 278.238.
Stock Price History:
The Beta on a monthly basis for BITF is 4.09, which has changed by 2.1497326 over the last 52 weeks, in comparison to a change of 0.14201736 over the same period for the S&P500. Over the past 52 weeks, BITF has reached a high of $6.20, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 176.65%, while the 200-Day Moving Average is calculated to be 351.61%.
Shares Statistics:
BITF traded an average of 62.65M shares per day over the past three months and 123772630 shares per day over the past ten days. A total of 557.55M shares are outstanding, with a floating share count of 525.06M. Insiders hold about 4.98% of the company’s shares, while institutions hold 19.25% stake in the company. Shares short for BITF as of 1759190400 were 46899017 with a Short Ratio of 0.75, compared to 1756425600 on 44243410. Therefore, it implies a Short% of Shares Outstanding of 46899017 and a Short% of Float of 8.790000000000001.
Earnings Estimates
Current recommendations for the stock of the company come from 6.0 analysts. The consensus estimate for the next quarter is -$0.01, with high estimates of $0.01 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.11 and -$0.21 for the fiscal current year, implying an average EPS of -$0.16. EPS for the following year is -$0.09, with 6.0 analysts recommending between $0.06 and -$0.23.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 7 analysts. It ranges from a high estimate of $95.24M to a low estimate of $77.14M. As of. The current estimate, Bitfarms Ltd’s year-ago sales were $44.85MFor the next quarter, 7 analysts are estimating revenue of $89.34M. There is a high estimate of $100.9M for the next quarter, whereas the lowest estimate is $83.57M.
A total of 7 analysts have provided revenue estimates for BITF’s current fiscal year. The highest revenue estimate was $337.2M, while the lowest revenue estimate was $305.36M, resulting in an average revenue estimate of $320.47M. In the same quarter a year ago, actual revenue was $192.88MBased on 7 analysts’ estimates, the company’s revenue will be $341.67M in the next fiscal year. The high estimate is $448.4M and the low estimate is $277.9M.
