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.
The closing price of Bitfarms Ltd (NASDAQ: BITF) was $2.59 for the day, down -15.64% from the previous closing price of $3.07. In other words, the price has decreased by -$15.64 from its previous closing price. On the day, 132.12 million shares were traded. BITF stock price reached its highest trading level at $3.1089 during the session, while it also had its lowest trading level at $2.55.
Ratios:
Our analysis of BITF’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.03 and its Current Ratio is at 3.11. In the meantime, Its Debt-to-Equity ratio is 0.11 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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.
MALON INVESTMENTS HOLDINGS COR bought 100,000 shares of BITF for $217,120 on Nov 07 ’24. On Oct 15 ’24, another insider, MALON INVESTMENTS HOLDINGS COR, who serves as the Former Director of the company, bought 500,000 shares for $1.88 each.
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 1431232896 and an Enterprise Value of 1420702976. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.83 while its Price-to-Book (P/B) ratio in mrq is 2.18. Its current Enterprise Value per Revenue stands at 5.783 whereas that against EBITDA is 110.888.
Stock Price History:
The Beta on a monthly basis for BITF is 4.10, which has changed by 0.21596241 over the last 52 weeks, in comparison to a change of 0.16333759 over the same period for the S&P500. Over the past 52 weeks, BITF has reached a high of $3.60, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 69.41%, while the 200-Day Moving Average is calculated to be 100.71%.
Shares Statistics:
BITF traded an average of 41.97M shares per day over the past three months and 136404950 shares per day over the past ten days. A total of 557.55M shares are outstanding, with a floating share count of 525.09M. Insiders hold about 4.98% of the company’s shares, while institutions hold 19.21% stake in the company. Shares short for BITF as of 1756425600 were 44243410 with a Short Ratio of 1.05, compared to 1753920000 on 46185949. Therefore, it implies a Short% of Shares Outstanding of 44243410 and a Short% of Float of 8.290000000000001.
Earnings Estimates
Bitfarms Ltd (BITF) is currently under the scrutiny of 6.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is -$0.01, with high estimates of $0.01 and low estimates of -$0.04.
Analysts are recommending an EPS of between -$0.11 and -$0.21 for the fiscal current year, implying an average EPS of -$0.16. EPS for the following year is -$0.08, with 6.0 analysts recommending between $0.06 and -$0.23.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $91.7M to a low estimate of $77.14M. As of the current estimate, Bitfarms Ltd’s year-ago sales were $44.85MFor the next quarter, 7 analysts are estimating revenue of $89.48M. There is a high estimate of $100.9M for the next quarter, whereas the lowest estimate is $83.57M.
A total of 7 analysts have provided revenue estimates for BITF’s current fiscal year. The highest revenue estimate was $337.2M, while the lowest revenue estimate was $305.36M, resulting in an average revenue estimate of $318.61M. In the same quarter a year ago, actual revenue was $192.88MBased on 7 analysts’ estimates, the company’s revenue will be $356.3M in the next fiscal year. The high estimate is $448.4M and the low estimate is $277.9M.
