Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Bit Digital Inc (NASDAQ: BTBT) closed at $2.72 in the last session, down -6.53% from day before closing price of $2.91. In other words, the price has decreased by -$6.53 from its previous closing price. On the day, 19.89 million shares were traded. BTBT stock price reached its highest trading level at $2.82 during the session, while it also had its lowest trading level at $2.6603.
Ratios:
We take a closer look at BTBT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.88 and its Current Ratio is at 3.88. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 868890368 and an Enterprise Value of 530320704. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.46 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 5.197 whereas that against EBITDA is -13.262.
Stock Price History:
The Beta on a monthly basis for BTBT is 4.91, which has changed by -0.0091074705 over the last 52 weeks, in comparison to a change of 0.20277917 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 -3.31%, while the 200-Day Moving Average is calculated to be -10.42%.
Shares Statistics:
According to the various share statistics, BTBT traded on average about 33.89M shares per day over the past 3-months and 34217980 shares per day over the past 10 days. A total of 319.96M shares are outstanding, with a floating share count of 307.88M. Insiders hold about 3.39% of the company’s shares, while institutions hold 21.48% stake in the company. Shares short for BTBT as of 1752537600 were 34186243 with a Short Ratio of 1.01, compared to 1749772800 on 27343526. Therefore, it implies a Short% of Shares Outstanding of 34186243 and a Short% of Float of 10.850000399999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
A comprehensive evaluation of Bit Digital Inc (BTBT) is underway, with the input of 1.0 analysts contributing to its current rating.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 -$0.21 and -$0.21 for the fiscal current year, implying an average EPS of -$0.21. EPS for the following year is $0.05, with 1.0 analysts recommending between $0.05 and $0.05.
Revenue Estimates
According to 5 analysts, the current quarter’s revenue is expected to be $26.2M. It ranges from a high estimate of $29.93M to a low estimate of $22.9M. As of the current estimate, Bit Digital Inc’s year-ago sales were $28.95MFor the next quarter, 5 analysts are estimating revenue of $34.72M. There is a high estimate of $38.4M for the next quarter, whereas the lowest estimate is $26.4M.
A total of 5 analysts have provided revenue estimates for BTBT’s current fiscal year. The highest revenue estimate was $136.55M, while the lowest revenue estimate was $101.9M, resulting in an average revenue estimate of $124.83M. In the same quarter a year ago, actual revenue was $108.05MBased on 4 analysts’ estimates, the company’s revenue will be $176.15M in the next fiscal year. The high estimate is $212.61M and the low estimate is $146.5M.
