In today’s recent session, 4.76 million shares of the Bit Digital Inc (NASDAQ:BTBT) were traded. Most recently the company’s share price was $2.52, and it changed around -$0.12 or -4.55% from the last close, which brings the market valuation of the company to $304.92M. BTBT at last check was trading at a discount to its 52-week high of $5.27, offering almost -109.13% off that amount. The share price’s 52-week low was $1.76, which indicates that the recent value has risen by an impressive 30.16% since then. We note from Bit Digital Inc’s average daily trading volume that its 3-month average coming to 6.65 million.
Bit Digital Inc (NASDAQ:BTBT) trade information
Instantly BTBT has been showing red trend so far today with a performance of -4.55% on intraday trading today. The performance over the last five days has remained in the red territory. The company’s shares are currently down -40.43% year-to-date, but still down -5.62% over the last five days. On the other hand, Bit Digital Inc (NASDAQ:BTBT) is -1.95% down in the 30-day period.
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The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 49.6% from its current value. Analyst projections state that BTBT is forecast to be at a low of $5 and a high of $5.
Bit Digital Inc (BTBT) estimates and forecasts
Bit Digital Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -23.87 percent over the past six months and at a 368.75% annual growth rate that is well above the industry average of 14.40%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 7.79%.
BTBT Dividends
Bit Digital Inc’s next quarterly earnings report is expected to be released in July.
