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.
Bit Origin Ltd (NASDAQ: BTOG) closed the day trading at $0.32 down -8.18% from the previous closing price of $0.35. In other words, the price has decreased by -$8.18 from its previous closing price. On the day, 3.49 million shares were traded. BTOG stock price reached its highest trading level at $0.3444 during the session, while it also had its lowest trading level at $0.3183.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTOG now has a Market Capitalization of 28846878 and an Enterprise Value of 7613710.
Stock Price History:
The Beta on a monthly basis for BTOG is 1.59, which has changed by -0.8095238 over the last 52 weeks, in comparison to a change of 0.20221436 over the same period for the S&P500. Over the past 52 weeks, BTOG has reached a high of $3.09, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -19.35%, while the 200-Day Moving Average is calculated to be -33.39%.
Shares Statistics:
Over the past 3-months, BTOG traded about 38.32M shares per day on average, while over the past 10 days, BTOG traded about 5229980 shares per day. A total of 58.21M shares are outstanding, with a floating share count of 52.93M. Insiders hold about 9.07% of the company’s shares, while institutions hold 0.27% stake in the company. Shares short for BTOG as of 1755216000 were 8729348 with a Short Ratio of 0.23, compared to 1752537600 on 9340386. Therefore, it implies a Short% of Shares Outstanding of 8729348 and a Short% of Float of 9.950000000000001.
