Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The closing price of Bitfarms Ltd (NASDAQ: BITF) was $1.01 for the day, up 19.64% from the previous closing price of $0.84. In other words, the price has increased by $19.64 from its previous closing price. On the day, 52.39 million shares were traded. BITF stock price reached its highest trading level at $1.02 during the session, while it also had its lowest trading level at $0.84.
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 2.58 and its Current Ratio is at 2.64. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
On December 04, 2024, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $6.
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 561521600 and an Enterprise Value of 454261120. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.68 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 2.169 whereas that against EBITDA is 16.16.
Stock Price History:
The Beta on a monthly basis for BITF is 3.80, which has changed by -0.6217228 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, BITF has reached a high of $3.15, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 5.32%, while the 200-Day Moving Average is calculated to be -30.73%.
Shares Statistics:
BITF traded an average of 14.75M shares per day over the past three months and 15737030 shares per day over the past ten days. A total of 553.64M shares are outstanding, with a floating share count of 479.68M. Insiders hold about 13.72% of the company’s shares, while institutions hold 20.09% stake in the company. Shares short for BITF as of 1749772800 were 44072284 with a Short Ratio of 2.99, compared to 1747267200 on 52099320. Therefore, it implies a Short% of Shares Outstanding of 44072284 and a Short% of Float of 8.2100004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0