For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Bit Digital Inc (NASDAQ: BTBT) closed at $2.09 up 1.95% from its previous closing price of $2.05. In other words, the price has increased by $1.95 from its previous closing price. On the day, 40.75 million shares were traded. BTBT stock price reached its highest trading level at $2.11 during the session, while it also had its lowest trading level at $1.96.
Ratios:
For a deeper understanding of Bit Digital Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.51 and its Current Ratio is at 17.51. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
Upgrades & Downgrades
In the most recent recommendation for this company, Craig Hallum on January 21, 2025, initiated with a Buy rating and assigned the stock a target price of $6.
On October 24, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $6.
On February 13, 2024, Northland Capital started tracking the stock assigning a Outperform rating and target price of $6.Northland Capital initiated its Outperform rating on February 13, 2024, with a $6 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 25 ’25 when Pierce Brock Jeffrey bought 500,000 shares for $2.00 per share. The transaction valued at 1,000,000 led to the insider holds 500,000 shares of the business.
Tabar Samir bought 750,000 shares of BTBT for $1,500,000 on Jun 25 ’25. The Chief Executive Officer now owns 2,108,089 shares after completing the transaction at $2.00 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTBT now has a Market Capitalization of 676480320 and an Enterprise Value of 687484928. As of this moment, Bit’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.39, and their Forward P/E ratio for the next fiscal year is 116.11. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.30 while its Price-to-Book (P/B) ratio in mrq is 0.75. Its current Enterprise Value per Revenue stands at 6.504 whereas that against EBITDA is 4.239.
Stock Price History:
The Beta on a monthly basis for BTBT is 4.39, which has changed by -0.50823534 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, BTBT has reached a high of $5.20, while it has fallen to a 52-week low of $1.69. The 50-Day Moving Average of the stock is -36.52%, while the 200-Day Moving Average is calculated to be -24.04%.
Shares Statistics:
For the past three months, BTBT has traded an average of 34.53M shares per day and 35383580 over the past ten days. A total of 322.12M shares are outstanding, with a floating share count of 317.31M. Insiders hold about 1.97% of the company’s shares, while institutions hold 47.39% stake in the company. Shares short for BTBT as of 1761868800 were 54230974 with a Short Ratio of 1.57, compared to 1759190400 on 53351181. Therefore, it implies a Short% of Shares Outstanding of 54230974 and a Short% of Float of 17.169999999999998.
Earnings Estimates
The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.02 and low estimates of -$0.02.
Analysts are recommending an EPS of between -$0.19 and -$0.19 for the fiscal current year, implying an average EPS of -$0.19. EPS for the following year is $0.03, with 1.0 analysts recommending between $0.03 and $0.03.
Revenue Estimates
A total of 4 analysts believe the company’s revenue will be $33.39M this quarter.It ranges from a high estimate of $36.1M to a low estimate of $31.1M. As of. The current estimate, Bit Digital Inc’s year-ago sales were $26.1MFor the next quarter, 4 analysts are estimating revenue of $35.02M. There is a high estimate of $35.02M for the next quarter, whereas the lowest estimate is $35.02M.
A total of 4 analysts have provided revenue estimates for BTBT’s current fiscal year. The highest revenue estimate was $118.4M, while the lowest revenue estimate was $112.3M, resulting in an average revenue estimate of $114.87M. In the same quarter a year ago, actual revenue was $108.05MBased on 3 analysts’ estimates, the company’s revenue will be $201.9M in the next fiscal year. The high estimate is $252.1M and the low estimate is $152.5M.
