Renaissance Technologies LLC has recently announced that it has increased stake in Bit Origin Ltd (NASDAQ:BTOG) by 2.39%. After grabbing 94400.0 shares, the institutional investor is now in possession of 2200.0 shares of the Consumer Defensive Company. The new investment brought the stake of investor firm to 0.11% having worth around $21712.0. Moreover, Virtu Financial BD LLC increased its share by 41175.0 to have a control over 75117.0 shares. And Millennium Management LLC raised its holdings to 26336.0 shares by acquiring 26336.0 shares or 0.03% of the stake.
Bit Origin Ltd (BTOG) concluded trading on 01/12/23 at a closing price of $0.21, with 1.22 million shares of worth about $0.26 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -48.38% during that period and on Thursday the price saw a gain of about 15.13%. Currently the company’s common shares owned by public are about 100.54M shares, out of which, 82.04M shares are available for trading.
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The company recently came buying 0.0 shares which brought its stake up to 0.03% of the company’s outstanding shares.
However, the stock later moved at a day high price of 0.2193, or with a gain of 15.13%. Stock saw a price change of 17.62% in past 5 days and over the past one month there was a price change of -15.36%. Year-to-date (YTD), BTOG shares are showing a performance of 20.16% which decreased to -82.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.14 but also hit the highest price of $1.26 during that period. The average intraday trading volume for Bit Origin Ltd shares is 76.59K. The stock is currently trading 18.41% above its 20-day simple moving average (SMA20), while that difference is up 3.80% for SMA50 and it goes to -55.57% lower than SMA200.
Renaissance Technologies LLC acquired 94400.0 shares of Bit Origin Ltd having value of about $21712.0. Data submitted at the U.S SEC by Renaissance Technologies LLC revealed that the firm now holds 2200.0 shares in the company valued at close to $462.0, or have control over 2.39% stake in the company. Bit Origin Ltd (NASDAQ: BTOG) currently have 100.54M outstanding shares and institutions hold larger chunk of about 0.30% of that. Holding of mutual funds in the company is about 0.03% while other institutional holders and individual stake holders have control over 0.31% and — of the stake respectively.
The stock has a current market capitalization of $24.24M and its 3Y-monthly beta is at 0.25. PE ratio of stock for trailing 12 months is 211.60, while it has posted earnings per share of $0.00 in the same period. It has a debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BTOG, volatility over the week remained 13.79% while standing at 13.31% over the month.
Stock’s fiscal year EPS is expected to rise by 101.60%.
Analysts at 0 brokerage firms have issued recommendations for the Bit Origin Ltd (BTOG)’s stock out of those 0 Wall Street analysts, 0 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
