In last trading session, Bit Digital Inc (NASDAQ:BTBT) saw 97.08 million shares changing hands with its beta currently measuring 5.34. Company’s recent per share price level of $1.99 trading at -$0.36 or -15.32% at ring of the bell on the day assigns it a market valuation of $414.98M. That closing price of BTBT’s stock is at a discount of -188.44% from its 52-week high price of $5.74 and is indicating a premium of 15.08% from its 52-week low price of $1.69.
For Bit Digital Inc (BTBT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Bit Digital Inc (NASDAQ:BTBT) trade information
Upright in the red during last session for losing -15.32%, in the last five days BTBT remained trading in the red while hitting it’s week-highest on Wednesday, 06/25/25 when the stock touched $1.99 price level, adding 20.72% to its value on the day. Bit Digital Inc’s shares saw a change of -18.11% in year-to-date performance and have moved -17.43% in past 5-day. Bit Digital Inc (NASDAQ:BTBT) showed a performance of -22.87% in past 30-days.
Wall Street analysts have assigned a consensus price target of 6.5 to the stock, which implies a rise of 69.38% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 7. It follows that stock’s current price would drop -201.51% in reaching the projected high whereas dropping to the targeted low would mean a loss of -201.51% for stock’s current value.
In 2025, company’s earnings growth rate is likely to be around -247.37% while estimates for its earnings growth in next 5 years are of -2.70%.
Bit Digital Inc (NASDAQ:BTBT)’s Major holders
BLACKROCK INC. is the top institutional holder at BTBT for having 11.07 million shares of worth $35.2 million. And as of 2024-06-30, it was holding 8.6444 of the company’s outstanding shares.
The second largest institutional holder is INVESCO LTD., which was holding about 9.51 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.4277 of outstanding shares, having a total worth of $30.25 million.
