With 9.33 million shares changed hands, the volume of the stock remained lighter than its average volume of 12.0 million shares. During the session, the Capital Markets company that operates in wider Financial sector, reached to the highest price of $3.615 whereas the lowest price it dropped to was $3.32. The 52-week range on BTBT shows that it touched its highest point at $5.27 and its lowest point at $1.76 during that stretch. It currently has a 1-year price target of $5.58.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BTBT was up-trending over the past week, with a rise of 22.87%, but this was down by -6.01% over a month. Three-month performance surged to 6.04% while six-month performance rose 49.38%. The stock gained 73.08% in the past year, while it has lost -14.89% so far this year. A look at the trailing 12-month EPS for BTBT yields 0.24 with Next year EPS estimates of 0.23. For the next quarter, that number is 0.00. This implies an EPS growth rate of 181.25% for this year and -32.84% for next year.
Float and Shares Shorts:
At present, 147.79 million BTBT shares are outstanding with a float of 146.89 million shares on hand for trading. On 2024-08-30, short shares totaled 20.26 million, which was 1371.0 higher than short shares on 1722384000. In addition to Mr. Samir Tabar as the firm’s Chief Executive Officer, Mr. Erke Huang serves as its CFO & Director.
Institutional Ownership:
Through their ownership of 0.43330002 of BTBT’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, BTBT reported revenue of $28950902.0 and operating income of $-33848.0. The EBITDA in the recently reported quarter was $19851734.0 and diluted EPS was $-0.09.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTBT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.
