BTCS Inc (NASDAQ:BTCS) has a beta value of 2.16 and has seen 0.45 million shares traded in the recent trading session. The company, currently valued at $53.96M, closed the recent trade at $3.11 per share which meant it lost -$0.41 on the day or -11.65% during that session. The BTCS stock price is -73.95% off its 52-week high price of $5.41 and 69.45% above the 52-week low of $0.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.89 million shares traded. The 3-month trading volume is 3.03 million shares.
BTCS Inc (NASDAQ:BTCS) trade information
Sporting -11.65% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BTCS stock price touched $3.11 or saw a rise of 17.72%. Year-to-date, BTCS Inc shares have moved 90.80%, while the 5-day performance has seen it change -10.63%. Over the past 30 days, the shares of BTCS Inc (NASDAQ:BTCS) have changed -28.51%. Short interest in the company has seen 65910.0 shares shorted with days to cover at 0.7.
BTCS Inc (BTCS) estimates and forecasts
Figures show that BTCS Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 128.68% over the past 6 months, with this year growth rate of 167.74%, compared to 8.00% for the industry. Revenue growth from the last financial year stood is estimated to be 56.76%.
1 analysts offering their estimates for the company have set an average revenue estimate of 600k for the current quarter.
BTCS Dividends
BTCS Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
BTCS Inc (NASDAQ:BTCS)’s Major holders
Insiders own 43.62% of the company shares, while shares held by institutions stand at 4.26% with a share float percentage of 7.55%. Investors are also buoyed by the number of investors in a company, with BTCS Inc having a total of 27.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 0.37 million shares worth more than $0.51 million. As of 2024-06-30, VANGUARD GROUP INC held 2.3455% of shares outstanding.
The other major institutional holder is GEODE CAPITAL MANAGEMENT, LLC, with the holding of over 92204.0 shares as of 2024-06-30. The firm’s total holdings are worth over $0.13 million and represent 0.5876% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 4.91% shares in the company for having 280.19 shares of worth $0.88 million while later fund manager owns 87.85 shares of worth $0.27 million as of Sep 30, 2024, which makes it owner of about 1.54% of company’s outstanding stock.
