Golden Bull Limited (NASDAQ:BTBT) traded at $6.1 at last check on Friday, Nov 20, making a downturn move of -1.61% on its previous day’s price.
Looking at the stock we see that its previous close was $6.2 and the beta (5Y monthly) reads 0 with the day’s price range being $5.92 – 6.89. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, BTBT has a high of $7.05 and a low of $0.28. The company’s stock has gained about 52.5% over that past 30 days.
Let’s briefly compare Golden (BTBT) stock to its peers. We find that today’s price change of -1.61% and +91.22% over the past 12 months for BTBT competes that of Spotify Technology S.A. (SPOT), which has seen its stock price rise 4.02% in the latest trading session and is +86.97% over the last one year. Another of its peers Docusign Inc (DOCU) has climbed 0.86% today, and is +216.83% up over the past year, while Thomson Reuters Corp (TRI) is also down -1.61% yet its price remains in the green at 91.22% over the same period. Spotify has a P/E ratio of 0 compared to Golden’s 0 and Docusign’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to Golden Bull Limited (NASDAQ:BTBT), we note that the average 3-month trading volume was 174.29 Million, while that of the preceding 10-day period stands at 901.3 Million. Current shares outstanding are 43.7 Million.
According to data from Thomson Reuters, insiders hold 25.65% of the company’s shares while institutions hold 0.38%. The data shows that short shares as of October 29, 2020, stood at 78.97 Million at a short ratio of 1.65. This represents a 0.18% Short interest in Shares outstanding on October 29, 2020. Shares short dropped in October from the previous month at 206.1 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +1426.53% up in year-to-date price movement.