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 $0.24 up 4.03% from its previous closing price of $0.23. In other words, the price has increased by $4.03 from its previous closing price. On the day, 1.81 million shares were traded. BTOG stock price reached its highest trading level at $0.2471 during the session, while it also had its lowest trading level at $0.2.
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 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 21218460 and an Enterprise Value of 13210227. For the stock, the TTM Price-to-Sale (P/S) ratio is 530.50 while its Price-to-Book (P/B) ratio in mrq is 3.59. Its current Enterprise Value per Revenue stands at 334.478 whereas that against EBITDA is -6.318.
Stock Price History:
The Beta on a monthly basis for BTOG is 2.00, which has changed by -0.8319149 over the last 52 weeks, in comparison to a change of 0.1028198 over the same period for the S&P500. Over the past 52 weeks, BTOG has reached a high of $1.63, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -36.41%, while the 200-Day Moving Average is calculated to be -24.37%.
Shares Statistics:
For the past three months, BTOG has traded an average of 4.62M shares per day and 1397570 over the past ten days. A total of 89.38M shares are outstanding, with a floating share count of 87.85M. Insiders hold about 1.71% of the company’s shares, while institutions hold 0.92% stake in the company. Shares short for BTOG as of 1761868800 were 2110588 with a Short Ratio of 0.46, compared to 1759190400 on 3906585. Therefore, it implies a Short% of Shares Outstanding of 2110588 and a Short% of Float of 2.3800000000000003.
