During the last session, Bitfarms Ltd. (NASDAQ:BITF)’s traded shares were 18.11 million, with the beta value of the company hitting 3.28. At the end of the trading day, the stock’s price was $2.06, reflecting an intraday loss of -2.37% or -$0.05. The 52-week high for the BITF share is $3.91, that puts it down -89.81 from that peak though still a striking 55.34% gain since the share price plummeted to a 52-week low of $0.92. The company’s market capitalization is $621.83M, and the average trade volume was 25.19 million shares over the past three months.
Bitfarms Ltd. (NASDAQ:BITF) trade information
Bitfarms Ltd. (BITF) registered a -2.37% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.37% in intraday trading to $2.06, hitting a weekly high. The stock’s 5-day price performance is 15.41%, and it has moved by -10.04% in 30 days. Based on these gigs, the overall price performance for the year is 96.19%.
Bitfarms Ltd. (BITF) estimates and forecasts
Statistics show that Bitfarms Ltd. has outperformed its competitors in share price, compared to the industry in which it operates. Bitfarms Ltd. (BITF) shares have gone up 82.30% during the last six months, with a year-to-date growth rate more than the industry average at 52.38% against 18.50. In the rating firms’ projections, revenue will increase 72.40% 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 48.96M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 53.59M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -19.31%. While earnings are projected to return 90.00% in 2024.
BITF Dividends
Bitfarms Ltd. 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.
