Bit Digital Inc (NASDAQ:BTBT)’s traded shares stood at 30.02 million during the last session. At the close of trading, the stock’s price was $2.45, to imply an increase of 1.66% or $0.04 in intraday trading. The BTBT share’s 52-week high remains $5.74, putting it -134.29% down since that peak but still an impressive 28.16% since price per share fell to its 52-week low of $1.76.
Analysts have given a consensus recommendation of Buy for Bit Digital Inc (BTBT), translating to a mean rating of 1.00. Of 5 analyst(s) looking at the stock, 0 analyst(s) give BTBT a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 5 recommend it as a Buy.
Bit Digital Inc (NASDAQ:BTBT) trade information
After registering a 1.66% upside in the last session, Bit Digital Inc (BTBT) has traded red over the past five days. The 5-day price performance for the stock is -18.33%, and -21.22% over 30 days. With these gigs, the year-to-date price performance is -16.38%.
The extremes give us $6 and $7 for target low and target high price respectively. As such, BTBT has been trading -185.71% off suggested target high and -144.9% from its likely low.
Bit Digital Inc (BTBT) estimates and forecasts
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 7.79% for the past 5-year period. While 2025 is set for a -141.67% return in earnings, projections for the next 5 years are at 34.20% annually.
BTBT Dividends
Bit Digital Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Bit Digital Inc (NASDAQ:BTBT)’s Major holders
The next major institution holding the largest number of shares is INVESCO LTD. with 9.51 million shares, or about 7.4277% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $30.25 million.
