In the last trading session, 25.35 million BTCS Inc (NASDAQ:BTCS) shares changed hands as the company’s beta touched 1.18. With the company’s per share price at $6.18 changed hands at -$0.39 or -5.94% during last session, the market valuation stood at $144.11M. BTCS’s last price was a discount, traded about -37.38% off its 52-week high of $8.49. The share price had its 52-week low at $0.95, which suggests the last value was 84.63% up since then. When we look at BTCS Inc’s average trading volume, we note the 10-day average is 33.76 million shares, with the 3-month average coming to 6.57 million.
BTCS Inc (NASDAQ:BTCS) trade information
Instantly BTCS was in red as seen at the end of in last trading. With action 52.59%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 263.53%, with the 5-day performance at 52.59% in the green. However, in the 30-day time frame, BTCS Inc (NASDAQ:BTCS) is 157.50% up. Looking at the short shares, we see there were 1.11 million shares sold at short interest cover period of 0.72 days.
BTCS Inc (BTCS) estimates and forecasts
Year-over-year growth is forecast to reach 71.84% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.7M. 1 analysts are of the opinion that BTCS Inc’s revenue for the current quarter will be 1.8M. The company’s revenue for the corresponding quarters a year ago was 561.19k and 739.16k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 202.93%. The estimates for the next quarter sales put growth at 143.52%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 40.99%. The 2025 estimates are for BTCS Inc earnings to decrease by -325.00%.
BTCS Inc (NASDAQ:BTCS)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 34.00% of BTCS Inc shares while 3.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 4.86%. There are 3.21% institutions holding the BTCS Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 2.3455% of the shares, roughly 0.37 million BTCS shares worth $0.51 million.
GEODE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 0.5876% or 92204.0 shares worth $0.13 million as of 2024-06-30.
