In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Bit Digital Inc (NASDAQ: BTBT) closed at $3.27 in the last session, down -1.51% from day before closing price of $3.32. In other words, the price has decreased by -$1.51 from its previous closing price. On the day, 42.5 million shares were traded. BTBT stock price reached its highest trading level at $3.4 during the session, while it also had its lowest trading level at $3.13.
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 1044585088 and an Enterprise Value of 644528704. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.16 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 6.317 whereas that against EBITDA is -16.118.
Stock Price History:
The Beta on a monthly basis for BTBT is 4.91, which has changed by -0.15503877 over the last 52 weeks, in comparison to a change of 0.16260707 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 21.53%, while the 200-Day Moving Average is calculated to be 7.47%.
Shares Statistics:
According to the various share statistics, BTBT traded on average about 31.75M shares per day over the past 3-months and 64796640 shares per day over the past 10 days. A total of 319.57M shares are outstanding, with a floating share count of 309.92M. Insiders hold about 3.02% of the company’s shares, while institutions hold 20.43% stake in the company. Shares short for BTBT as of 1751241600 were 28794714 with a Short Ratio of 0.91, compared to 1748563200 on 27458998. Therefore, it implies a Short% of Shares Outstanding of 28794714 and a Short% of Float of 10.31.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
