Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Bit Origin Ltd (NASDAQ: BTOG) closed at $0.38 down -3.33% from its previous closing price of $0.39. In other words, the price has decreased by -$3.33 from its previous closing price. On the day, 2.7 million shares were traded. BTOG stock price reached its highest trading level at $0.3938 during the session, while it also had its lowest trading level at $0.3701.
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 33985240 and an Enterprise Value of 8096999.
Stock Price History:
The Beta on a monthly basis for BTOG is 1.69, which has changed by -0.8115 over the last 52 weeks, in comparison to a change of 0.13837254 over the same period for the S&P500. Over the past 52 weeks, BTOG has reached a high of $2.29, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -11.94%, while the 200-Day Moving Average is calculated to be 4.59%.
Shares Statistics:
For the past three months, BTOG has traded an average of 24.82M shares per day and 5793340 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 0.19% stake in the company. Shares short for BTOG as of 1759190400 were 3906585 with a Short Ratio of 0.16, compared to 1756425600 on 4895908. Therefore, it implies a Short% of Shares Outstanding of 3906585 and a Short% of Float of 4.37.
