Gaining Ground: BTC Digital Ltd (BTCT) Closes Higher at 3.75, Up 8.38

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The price of BTC Digital Ltd (NASDAQ: BTCT) closed at $3.75 in the last session, up 8.38% from day before closing price of $3.46. In other words, the price has increased by $8.38 from its previous closing price. On the day, 1.91 million shares were traded. BTCT stock price reached its highest trading level at $3.85 during the session, while it also had its lowest trading level at $3.42.

Ratios:

We take a closer look at BTCT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 27.49 and its Current Ratio is at 27.49. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTCT now has a Market Capitalization of 30551288 and an Enterprise Value of 4846205. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.41 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 0.415 whereas that against EBITDA is 4.88.

Stock Price History:

The Beta on a monthly basis for BTCT is 5.08, which has changed by 0.83823526 over the last 52 weeks, in comparison to a change of 0.11844492 over the same period for the S&P500. Over the past 52 weeks, BTCT has reached a high of $26.58, while it has fallen to a 52-week low of $1.32. The 50-Day Moving Average of the stock is 5.70%, while the 200-Day Moving Average is calculated to be -24.09%.

Shares Statistics:

According to the various share statistics, BTCT traded on average about 307.39K shares per day over the past 3-months and 927030 shares per day over the past 10 days. A total of 7.52M shares are outstanding, with a floating share count of 6.56M. Insiders hold about 12.67% of the company’s shares, while institutions hold 4.18% stake in the company. Shares short for BTCT as of 1749772800 were 395840 with a Short Ratio of 1.29, compared to 1747267200 on 385847. Therefore, it implies a Short% of Shares Outstanding of 395840 and a Short% of Float of 6.17.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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