In last trading session, Bitfarms Ltd (NASDAQ:BITF) saw 5.43 million shares changing hands with its beta currently measuring 3.84. Company’s recent per share price level of $0.8 trading at $0.0 or -0.71% at ring of the bell on the day assigns it a market valuation of $442.49M. That closing price of BITF’s stock is at a discount of -293.75% from its 52-week high price of $3.15 and is indicating a premium of 16.25% from its 52-week low price of $0.67. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.16 million shares which gives us an average trading volume of 15.52 million if we extend that period to 3-months.
For Bitfarms Ltd (BITF), 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.
Bitfarms Ltd (NASDAQ:BITF) trade information
Upright in the red during last session for losing -0.71%, in the last five days BITF remained trading in the green while hitting it’s week-highest on Wednesday, 06/25/25 when the stock touched $0.8 price level, adding 3.63% to its value on the day. Bitfarms Ltd’s shares saw a change of -70.30% in year-to-date performance and have moved 0.11% in past 5-day. Bitfarms Ltd (NASDAQ:BITF) showed a performance of -25.62% in past 30-days. Number of shares sold short was 44.07 million shares which calculate 2.14 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.25 to the stock, which implies a rise of 75.38% to its current value. Analysts have been projecting 3.25 as a low price target for the stock while placing it at a high target of 3.25. It follows that stock’s current price would drop -306.25% in reaching the projected high whereas dropping to the targeted low would mean a loss of -306.25% for stock’s current value.
Bitfarms Ltd (NASDAQ:BITF)’s Major holders
Insiders are in possession of 13.55% of company’s total shares while institution are holding 22.03 percent of that, with stock having share float percentage of 25.48%. Investors also watch the number of corporate investors in a company very closely, which is 22.03% institutions for Bitfarms Ltd that are currently holding shares of the company. INVESCO LTD. is the top institutional holder at BITF for having 19.71 million shares of worth $50.66 million. And as of 2024-06-30, it was holding 4.9128 of the company’s outstanding shares.
The second largest institutional holder is TOROSO INVESTMENTS, LLC, which was holding about 6.62 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.6492 of outstanding shares, having a total worth of $17.01 million.
