Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Bit Origin Ltd (NASDAQ: BTOG) closed the day trading at $0.33 down -6.64% from the previous closing price of $0.36. In other words, the price has decreased by -$6.64 from its previous closing price. On the day, 1.94 million shares were traded. BTOG stock price reached its highest trading level at $0.3567 during the session, while it also had its lowest trading level at $0.3294.
Ratios:
For a better understanding of BTOG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.50 and its Current Ratio is at 9.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 29892586 and an Enterprise Value of 18511390. For the stock, the TTM Price-to-Sale (P/S) ratio is 741.01 while its Price-to-Book (P/B) ratio in mrq is 4.95. Its current Enterprise Value per Revenue stands at 468.702 whereas that against EBITDA is -8.854.
Stock Price History:
The Beta on a monthly basis for BTOG is 1.69, which has changed by -0.8201621 over the last 52 weeks, in comparison to a change of 0.18286073 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 -18.39%, while the 200-Day Moving Average is calculated to be -0.96%.
Shares Statistics:
Over the past 3-months, BTOG traded about 9.23M shares per day on average, while over the past 10 days, BTOG traded about 2809460 shares per day. 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 0.23% stake in the company. Shares short for BTOG as of 1760486400 were 2302336 with a Short Ratio of 0.25, compared to 1757894400 on 6805815. Therefore, it implies a Short% of Shares Outstanding of 2302336 and a Short% of Float of 2.5799999000000002.
