Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Bit Digital Inc (NASDAQ: BTBT) closed at $3.15 down -2.48% from its previous closing price of $3.23. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 20.01 million shares were traded. BTBT stock price reached its highest trading level at $3.2 during the session, while it also had its lowest trading level at $3.05.
Ratios:
For a deeper understanding of Bit Digital Inc’s stock, let’s take a closer look at its various ratios. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 1006251776 and an Enterprise Value of 619610560. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.79 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 6.072 whereas that against EBITDA is -15.495.
Stock Price History:
The Beta on a monthly basis for BTBT is 4.93, which has changed by -0.112676084 over the last 52 weeks, in comparison to a change of 0.16932249 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 14.29%, while the 200-Day Moving Average is calculated to be 3.57%.
Shares Statistics:
For the past three months, BTBT has traded an average of 32.76M shares per day and 53722160 over the past ten days. A total of 319.57M shares are outstanding, with a floating share count of 308.75M. Insiders hold about 3.39% of the company’s shares, while institutions hold 21.46% stake in the company. Shares short for BTBT as of 1752537600 were 34186243 with a Short Ratio of 1.04, compared to 1749772800 on 27343526. Therefore, it implies a Short% of Shares Outstanding of 34186243 and a Short% of Float of 10.850000399999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
