A Look At Bitfarms Ltd. (NASDAQ: BITF): How Much Is It Worth And How Should It Be Assessed?

Bitfarms Ltd. (NASDAQ:BITF)’s traded shares stood at 20.26 million during the last session, with the company’s beta value hitting 3.32. At the close of trading, the stock’s price was $1.78, to imply an increase of 4.39% or $0.07 in intraday trading. The BITF share’s 52-week high remains $3.91, putting it -119.66% down since that peak but still an impressive 48.31% since price per share fell to its 52-week low of $0.92. The company has a valuation of $538.82M, with an average of 24.77 million shares over the past 3 months.

Bitfarms Ltd. (NASDAQ:BITF) trade information

After registering a 4.39% upside in the last session, Bitfarms Ltd. (BITF) has traded red over the past five days. The stock hit a weekly high of 1.9800, jumping 4.39% in its intraday price action. The 5-day price performance for the stock is -7.51%, and -19.96% over 30 days. With these gigs, the year-to-date price performance is -38.66%.

Bitfarms Ltd. (BITF) estimates and forecasts

Looking at statistics comparing Bitfarms Ltd. share performance against respective industry, we note that the company has outperformed competitors. Bitfarms Ltd. (BITF) shares are 68.40% up over the last 6 months, with its year-to-date growth rate higher than industry average at 52.38% against 18.50%.

BITF Dividends

Bitfarms Ltd. has its next earnings report out between March 19 and March 25. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Bitfarms Ltd. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.