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In other words, the price has increased by $0.00 from its previous closing price. On the day, 10.08 million shares were traded. BITF stock price reached its highest trading level at $2.445 during the session, while it also had its lowest trading level at $2.33.
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 5.09 and its Current Ratio is at 5.11. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
On June 04, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $4.
On December 14, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $4.B. Riley Securities initiated its Buy rating on December 14, 2023, with a $4 target price.
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 1085368320 and an Enterprise Value of 955821568. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.52 while its Price-to-Book (P/B) ratio in mrq is 2.15. Its current Enterprise Value per Revenue stands at 5.535 whereas that against EBITDA is 17.972.
Stock Price History:
Over the past 52 weeks, BITF has reached a high of $3.91, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is -6.60%, while the 200-Day Moving Average is calculated to be 4.37%.
Shares Statistics:
BITF traded an average of 23.96M shares per day over the past three months and 16485840 shares per day over the past ten days. A total of 334.15M shares are outstanding, with a floating share count of 297.31M. Insiders hold about 25.41% of the company’s shares, while institutions hold 25.16% stake in the company. Shares short for BITF as of 1722384000 were 30761238 with a Short Ratio of 1.28, compared to 1719532800 on 24427831. Therefore, it implies a Short% of Shares Outstanding of 30761238 and a Short% of Float of 7.12.
