Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Bitfarms Ltd (NASDAQ: BITF) was $0.98 for the day, down -8.26% from the previous closing price of $1.07. In other words, the price has decreased by -$8.26 from its previous closing price. On the day, 40.09 million shares were traded.
Ratios:
Our analysis of BITF’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2.61 while its Price-to-Book (P/B) ratio in mrq is 0.82.
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 1.50%, while the 200-Day Moving Average is calculated to be -39.25%.
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 20.24% stake in the company.
