Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of Bitfarms Ltd (NASDAQ: BITF) closed at $0.90 in the last session, down -6.67% from day before closing price of $0.96. In other words, the price has decreased by -$6.67 from its previous closing price. On the day, 21.66 million shares were traded.
Ratios:
We take a closer look at BITF’s different ratios to gain a better understanding of the stock. 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:
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.38 while its Price-to-Book (P/B) ratio in mrq is 0.75.
Stock Price History:
Over the past 52 weeks, BITF has reached a high of $3.28, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -5.99%, while the 200-Day Moving Average is calculated to be -42.06%.
Shares Statistics:
A total of 553.64M shares are outstanding, with a floating share count of 446.20M. Insiders hold about 19.74% of the company’s shares, while institutions hold 20.31% stake in the company.
