During the last session, Bit Digital Inc (NASDAQ:BTBT)’s traded shares were 8.98 million. At the end of the trading day, the stock’s price was $2.24, reflecting an intraday gain of 0.90% or $0.02. The 52-week high for the BTBT share is $5.27, that puts it down -135.27 from that peak though still a striking 28.12% gain since the share price plummeted to a 52-week low of $1.61. The company’s market capitalization is $264.59M, and the average trade volume was 7.75 million shares over the past three months.
Bit Digital Inc (NASDAQ:BTBT) trade information
Bit Digital Inc (BTBT) registered a 0.90% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.90% in intraday trading to $2.24, hitting a weekly high. The stock’s 5-day price performance is 23.76%, and it has moved by -7.05% in 30 days. Based on these gigs, the overall price performance for the year is 32.54%.
Bit Digital Inc (BTBT) estimates and forecasts
Statistics show that Bit Digital Inc has outperformed its competitors in share price, compared to the industry in which it operates. Bit Digital Inc (BTBT) shares have gone up 2.28% during the last six months, with a year-to-date growth rate more than the industry average at 112.50% against 18.50. In the rating firms’ projections, revenue will increase 142.20% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 27.73M as predicted by 4 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to 28.71M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 7.75M and 9.04M respectively. In this case, analysts expect current quarter sales to grow by 257.80% and then jump by 217.70% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 7.79%. While earnings are projected to return -81.25% in 2024.
BTBT Dividends
Bit Digital Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
