Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Bitfarms Ltd (NASDAQ: BITF) closed at $2.84 down -3.40% from its previous closing price of $2.94. In other words, the price has decreased by -$3.40 from its previous closing price. On the day, 33.93 million shares were traded. BITF stock price reached its highest trading level at $2.98 during the session, while it also had its lowest trading level at $2.81.
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 1698102528 and an Enterprise Value of 1684834688. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.95 while its Price-to-Book (P/B) ratio in mrq is 2.62. Its current Enterprise Value per Revenue stands at 6.095 whereas that against EBITDA is 56.262.
Stock Price History:
The Beta on a monthly basis for BITF is 3.83, which has changed by 0.75 over the last 52 weeks, in comparison to a change of 0.15507638 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 -1.59%, while the 200-Day Moving Average is calculated to be 40.46%.
Shares Statistics:
For the past three months, BITF has traded an average of 69.64M shares per day and 46357100 over the past ten days. A total of 563.01M shares are outstanding, with a floating share count of 537.27M. Insiders hold about 5.01% of the company’s shares, while institutions hold 35.93% stake in the company. Shares short for BITF as of 1767139200 were 77280115 with a Short Ratio of 1.11, compared to 1764288000 on 82765901. Therefore, it implies a Short% of Shares Outstanding of 77280115 and a Short% of Float of 13.350001.
Earnings Estimates
Its stock is currently analyzed by 1 different market analysts. 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 7 analysts’ estimates, the company’s revenue will be $263.72M in the next fiscal year. The high estimate is $335.7M and the low estimate is $220.47M.
