Market Resilience: Bit Origin Ltd (BTOG) Finishes Weak at 0.26, Down -12.87

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

Bit Origin Ltd (NASDAQ: BTOG) closed the day trading at $0.26 down -12.87% from the previous closing price of $0.30. In other words, the price has decreased by -$12.87 from its previous closing price. On the day, 10.57 million shares were traded. BTOG stock price reached its highest trading level at $0.2813 during the session, while it also had its lowest trading level at $0.252.

Ratios:

For a better understanding of BTOG, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.68 and its Current Ratio is at 2.68. In the meantime, Its Debt-to-Equity ratio is 3.11 whereas as Long-Term Debt/Eq ratio is at 1.98.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTOG now has a Market Capitalization of 2227585 and an Enterprise Value of 5024481. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 1.22. Its current Enterprise Value per Revenue stands at 1.739 whereas that against EBITDA is -0.99.

Stock Price History:

The Beta on a monthly basis for BTOG is 0.96, which has changed by -0.951577 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, BTOG has reached a high of $6.03, while it has fallen to a 52-week low of $0.16. The 50-Day Moving Average of the stock is -44.66%, while the 200-Day Moving Average is calculated to be -84.24%.

Shares Statistics:

Over the past 3-months, BTOG traded about 24.99M shares per day on average, while over the past 10 days, BTOG traded about 32832230 shares per day. A total of 8.54M shares are outstanding, with a floating share count of 7.91M. Insiders hold about 7.39% of the company’s shares, while institutions hold 1.82% stake in the company. Shares short for BTOG as of 1740700800 were 541437 with a Short Ratio of 0.02, compared to 1738281600 on 38960. Therefore, it implies a Short% of Shares Outstanding of 541437 and a Short% of Float of 6.34.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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