Bitfarms Ltd (NASDAQ:BITF) has a beta value of 3.87 and has seen 2.58 million shares traded in the recent trading session. The company, currently valued at $441.60M, closed the recent trade at $0.79 per share which meant it gained $0.04 on the day or 6.29%% during that session. The BITF stock price is -298.73% off its 52-week high price of $3.15 and 15.19% above the 52-week low of $0.67. If we look at the company’s 10-day average daily trading volume, we find that it stood at 12.47 million shares traded. The 3-month trading volume is 15.99 million shares.
The consensus among analysts is that Bitfarms Ltd (BITF) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 5 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight.
Bitfarms Ltd (NASDAQ:BITF) trade information
Sporting 6.29%% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BITF stock price touched $0.79 or saw a rise of 5.95%. Year-to-date, Bitfarms Ltd shares have moved -74.54%, while the 5-day performance has seen it change -6.55%. Over the past 30 days, the shares of Bitfarms Ltd (NASDAQ:BITF) have changed -27.13%. Short interest in the company has seen 51.45 million shares shorted with days to cover at 2.47.
Wall Street analysts have a consensus price target for the stock at $3.25, which means that the shares’ value could jump 75.69% from the levels at last check today.. The projected low price target is $3.25 while the price target rests at a high of $3.25. In that case, then, we find that the latest price level in today’s session is -311.39% off the targeted high while a plunge would see the stock gain -311.39% from the levels at last check today..
Bitfarms Ltd (BITF) estimates and forecasts
The company’s shares have lost -56.36% over the past 6 months.
BITF Dividends
Bitfarms Ltd is expected to release its next earnings report on 2025-May-14 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Bitfarms Ltd (NASDAQ:BITF)’s Major holders
Insiders own 13.55% of the company shares, while shares held by institutions stand at 22.03% with a share float percentage of 25.48%. Investors are also buoyed by the number of investors in a company, with Bitfarms Ltd having a total of 201.0 institutions that hold shares in the company. The top two institutional holders are INVESCO LTD. with over 19.71 million shares worth more than $50.66 million. As of 2024-06-30, INVESCO LTD. held 4.9128% of shares outstanding.
The other major institutional holder is TOROSO INVESTMENTS, LLC, with the holding of over 6.62 million shares as of 2024-06-30. The firm’s total holdings are worth over $17.01 million and represent 1.6492% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Valkyrie ETF Trust II-Valkyrie Bitcoin Miners ETF and VanEck ETF Trust-VanEck Digital Transformation ETF . As of Mar 31, 2025 , the former fund manager holds about 1.05% shares in the company for having 5.84 shares of worth $4.68 million while later fund manager owns 4.6 shares of worth $3.68 million as of May 31, 2025 , which makes it owner of about 0.83% of company’s outstanding stock.
