BTC Digital Ltd (NASDAQ: BTCT) Continues To Thrive In 2024, As Its Stock Is Up 242.95% Year-To-Date

During the recent session, BTC Digital Ltd (NASDAQ:BTCT)’s traded shares were 0.5 million, with the beta value of the company hitting 1.83. At the last check today, the stock’s price was $16.53, reflecting an intraday loss of -7.39% or -$1.32. The 52-week high for the BTCT share is $26.58, that puts it down -60.8 from that peak though still a striking 92.01% gain since the share price plummeted to a 52-week low of $1.32. The company’s market capitalization is $54.51M, and the average intraday trading volume over the past 10 days was 22.32 million shares, and the average trade volume was 3.47 million shares over the past three months.

BTC Digital Ltd (NASDAQ:BTCT) trade information

BTC Digital Ltd (BTCT) registered a -7.39% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -7.39% in intraday trading to $16.53, hitting a weekly high. The stock’s 5-day price performance is -14.22%, and it has moved by 855.49% in 30 days. Based on these gigs, the overall price performance for the year is 359.17%. The short interest in BTC Digital Ltd (NASDAQ:BTCT) is 12854.0 shares and it means that shorts have 0.3 day(s) to cover.

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BTC Digital Ltd (BTCT) estimates and forecasts

Statistics show that BTC Digital Ltd has underperformed its competitors in share price, compared to the industry in which it operates. BTC Digital Ltd (BTCT) shares have gone up 672.43% during the last six months, with a year-to-date growth rate less than the industry average at -136.84% against 8.60. In the rating firms’ projections, revenue will increase 7.92% 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 17.94M as predicted by 1 analyst(s).

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 94.08%.

BTCT Dividends

BTC Digital Ltd is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

BTC Digital Ltd (NASDAQ:BTCT)’s Major holders

Data provided on Sep 30, 2024 indicates that Fidelity NASDAQ Composite Index Fund owns about 393.0 shares. This amounts to just over 0.01 percent of the company’s overall shares, with a $6763.0 market value.