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The price of Bitfarms Ltd (NASDAQ: BITF) closed at $1.24 in the last session, down -3.12% from day before closing price of $1.28. In other words, the price has decreased by -$3.12 from its previous closing price. On the day, 25.09 million shares were traded. BITF stock price reached its highest trading level at $1.32 during the session, while it also had its lowest trading level at $1.22.
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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BITF now has a Market Capitalization of 691360768 and an Enterprise Value of 676534656. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.29 while its Price-to-Book (P/B) ratio in mrq is 1.03. Its current Enterprise Value per Revenue stands at 3.231 whereas that against EBITDA is 24.067.
Stock Price History:
The Beta on a monthly basis for BITF is 3.85, which has changed by -0.5212355 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, BITF has reached a high of $2.84, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is 25.05%, while the 200-Day Moving Average is calculated to be -9.86%.
Shares Statistics:
According to the various share statistics, BITF traded on average about 19.85M shares per day over the past 3-months and 30125260 shares per day over the past 10 days. A total of 553.64M shares are outstanding, with a floating share count of 508.01M. Insiders hold about 8.63% of the company’s shares, while institutions hold 20.29% stake in the company. Shares short for BITF as of 1752537600 were 39999689 with a Short Ratio of 2.02, compared to 1749772800 on 44072284. Therefore, it implies a Short% of Shares Outstanding of 39999689 and a Short% of Float of 7.430000000000001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $79.78M. It ranges from a high estimate of $90.4M to a low estimate of $67.5M. As of the current estimate, Bitfarms Ltd’s year-ago sales were $41.55MFor the next quarter, 7 analysts are estimating revenue of $84.53M. There is a high estimate of $89.5M for the next quarter, whereas the lowest estimate is $73.61M.
A total of 8 analysts have provided revenue estimates for BITF’s current fiscal year. The highest revenue estimate was $371.7M, while the lowest revenue estimate was $286.41M, resulting in an average revenue estimate of $319.75M. In the same quarter a year ago, actual revenue was $192.88MBased on 5 analysts’ estimates, the company’s revenue will be $375.57M in the next fiscal year. The high estimate is $458.7M and the low estimate is $284.2M.