Bitfarms Ltd. (BITF) concluded trading on 11/23/22 at a closing price of $0.62, with 3.6 million shares of worth about $2.23 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -63.10% during that period and on Wednesday the price saw a gain of about 5.08%. Currently the company’s common shares owned by public are about 210.38M shares, out of which, 180.19M shares are available for trading.
Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $3.87 and could fall to a lowest price of $3.87. However, touching the estimated high of $3.87 would mean a gain of 83.98% for the stock.
Invesco Mkts. II Plc – CoinShares, Amplify Transformational Data Sha, and Global X Blockchain ETF are the top 3 mutual funds which are holding stakes in Bitfarms Ltd. Invesco Mkts. II Plc – CoinShares is currently holding 10.97 million shares of worth totaling $10.52 million. The company recently came buying 0.0 shares which brought its stake up to 5.24% of the company’s outstanding shares. Global X Blockchain ETF, after buying 2.21 million shares, have now control over 1.06% of the stake in the company. It holds 0.0 shares of worth $2.12 million.
Bitfarms Ltd. (NASDAQ: BITF) started trading at $0.615, above $0.03 from concluding price of the previous day. However, the stock later moved at a day high price of 0.6377, or with a gain of 5.08%. Stock saw a price change of -11.43% in past 5 days and over the past one month there was a price change of -43.64%. Year-to-date (YTD), BITF shares are showing a performance of -87.72% which decreased to -92.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.55 but also hit the highest price of $8.24 during that period. The average intraday trading volume for Bitfarms Ltd. shares is 3.42 million. The stock is currently trading -23.93% below its 20-day simple moving average (SMA20), while that difference is down -35.65% for SMA50 and it goes to -68.93% lower than SMA200.
Bitfarms Ltd. (NASDAQ: BITF) currently have 210.38M outstanding shares and institutions hold larger chunk of about 17.69% of that. Holding of mutual funds in the company is about — while other institutional holders and individual stake holders have control over — and — of the stake respectively.
The stock has a current market capitalization of $174.84M and its 3Y-monthly beta is at 2.36. It has posted earnings per share of -$1.37 in the same period. It has Quick Ratio of 1.20 while making debt-to-equity ratio of 0.37. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BITF, volatility over the week remained 9.59% while standing at 10.17% over the month.
Stock’s fiscal year EPS is expected to rise by 168.10%.