In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Bitfarms Ltd (NASDAQ: BITF) closed at $2.53 down -7.66% from its previous closing price of $2.74. In other words, the price has decreased by -$7.66 from its previous closing price. On the day, 55.34 million shares were traded. BITF stock price reached its highest trading level at $2.74 during the session, while it also had its lowest trading level at $2.44.
Ratios:
For a deeper understanding of Bitfarms Ltd’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.14 and its Current Ratio is at 3.20. In the meantime, Its Debt-to-Equity ratio is 0.12 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:
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 May 27 ’25 when Riot Platforms, Inc. bought 90,110,912 shares for $1.08 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, BITF now has a Market Capitalization of 1512746368 and an Enterprise Value of 1499478400. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.30 while its Price-to-Book (P/B) ratio in mrq is 2.33. Its current Enterprise Value per Revenue stands at 5.425 whereas that against EBITDA is 50.073.
Stock Price History:
The Beta on a monthly basis for BITF is 3.73, which has changed by 0.32367146 over the last 52 weeks, in comparison to a change of 0.12838376 over the same period for the S&P500. Over the past 52 weeks, BITF has reached a high of $6.60, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -30.91%, while the 200-Day Moving Average is calculated to be 36.48%.
Shares Statistics:
For the past three months, BITF has traded an average of 94.82M shares per day and 56633710 over the past ten days. A total of 563.01M shares are outstanding, with a floating share count of 537.27M. Insiders hold about 4.98% of the company’s shares, while institutions hold 35.83% stake in the company. Shares short for BITF as of 1764288000 were 82765901 with a Short Ratio of 0.87, compared to 1761868800 on 88181475. Therefore, it implies a Short% of Shares Outstanding of 82765901 and a Short% of Float of 14.299999999999999.
Earnings Estimates
As of right now, 1 analysts gave their recommendation on the stock of the company. 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 -$0.22 and -$0.31 for the fiscal current year, implying an average EPS of -$0.25. EPS for the following year is -$0.04, with 1 analysts recommending between -$0.04 and -$0.04.
Revenue Estimates
A total of 7 analysts believe the company’s revenue will be $62.66M this quarter.It ranges from a high estimate of $70.3M to a low estimate of $56.57M. As of. The current estimate, Bitfarms Ltd’s year-ago sales were $56.16MFor the next quarter, 7 analysts are estimating revenue of $72.73M. There is a high estimate of $112.8M for the next quarter, whereas the lowest estimate is $55.8M.
A total of 7 analysts have provided revenue estimates for BITF’s current fiscal year. The highest revenue estimate was $284.2M, while the lowest revenue estimate was $270.46M, resulting in an average revenue estimate of $276.56M. In the same quarter a year ago, actual revenue was $192.88MBased on 8 analysts’ estimates, the company’s revenue will be $265.5M in the next fiscal year. The high estimate is $335.7M and the low estimate is $220.47M.
