The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Bit Digital Inc (NASDAQ: BTBT) closed at $3.14 up 3.63% from its previous closing price of $3.03. In other words, the price has increased by $3.63 from its previous closing price. On the day, 42.11 million shares were traded. BTBT stock price reached its highest trading level at $3.145 during the session, while it also had its lowest trading level at $2.87.
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 7.80 and its Current Ratio is at 7.80. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.06.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. 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 1009298816 and an Enterprise Value of 880520064. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.14 while its Price-to-Book (P/B) ratio in mrq is 1.43. Its current Enterprise Value per Revenue stands at 8.948 whereas that against EBITDA is -47.229.
Stock Price History:
The Beta on a monthly basis for BTBT is 4.29, which has changed by -0.4206642 over the last 52 weeks, in comparison to a change of 0.12121439 over the same period for the S&P500. Over the past 52 weeks, BTBT has reached a high of $5.74, while it has fallen to a 52-week low of $1.69. The 50-Day Moving Average of the stock is -5.85%, while the 200-Day Moving Average is calculated to be 12.66%.
Shares Statistics:
For the past three months, BTBT has traded an average of 34.41M shares per day and 39498120 over the past ten days. A total of 321.43M shares are outstanding, with a floating share count of 315.11M. Insiders hold about 4.12% of the company’s shares, while institutions hold 41.58% stake in the company. Shares short for BTBT as of 1760486400 were 53947495 with a Short Ratio of 1.57, compared to 1757894400 on 46822356. Therefore, it implies a Short% of Shares Outstanding of 53947495 and a Short% of Float of 17.080000000000002.
Earnings Estimates
The firm’s stock currently is rated by 1.0 analysts. The consensus estimate for the next quarter is $0.0, with high estimates of $0.0 and low estimates of $0.0.
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 5 analysts believe the company’s revenue will be $30.31M this quarter.It ranges from a high estimate of $33.41M to a low estimate of $25.1M. As of. The current estimate, Bit Digital Inc’s year-ago sales were $22.71MFor the next quarter, 5 analysts are estimating revenue of $36.81M. There is a high estimate of $45.14M for the next quarter, whereas the lowest estimate is $31.8M.
A total of 5 analysts have provided revenue estimates for BTBT’s current fiscal year. The highest revenue estimate was $129.27M, while the lowest revenue estimate was $107.1M, resulting in an average revenue estimate of $117.77M. In the same quarter a year ago, actual revenue was $108.05MBased on 4 analysts’ estimates, the company’s revenue will be $206.19M in the next fiscal year. The high estimate is $244.65M and the low estimate is $152.5M.
