For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $0.94 in the prior trading day, Bitfarms Ltd (NASDAQ: BITF) closed at $0.92, down -1.61%. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 12.52 million shares were traded.
Ratios:
Our goal is to gain a better understanding of BITF by taking a closer look at its different ratios. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2.44 while its Price-to-Book (P/B) ratio in mrq is 0.77.
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 -4.32%, while the 200-Day Moving Average is calculated to be -42.54%.
Shares Statistics:
A total of 553.64M shares are outstanding, with a floating share count of 442.20M. Insiders hold about 20.46% of the company’s shares, while institutions hold 20.22% stake in the company.
