Bit Digital Inc. (NASDAQ:BTBT) price is hovering higher on Monday, September 13, jumping 0.87% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $10.40, with intraday deals fluctuating between $9.83 and $10.72. The company’s 5Y monthly beta was ticking 4.66 while its P/E ratio in the trailing 12-month period read 13.56. Taking into account the 52-week price action we note that the stock hit a 52-week high of $33.00 and 52-week low of $3.40. The stock subtracted -29.68% on its value in the past month.
Bit Digital Inc., which has a market valuation of $621.30 million, is expected to release its quarterly earnings report Aug 20, 2021.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give BTBT a short term outlook of Hold on average. Looking at the stock’s medium term indicators we note that it is averaging as a Hold, while an average of long term indicators are currently assigning the stock as 50% Sell.
The overview shows that BTBT’s price is at present -10.68% off the SMA20 and 6.54% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.43, with weekly volatility standing at 9.83%. The indicator jumps to 13.11% when calculated based on the past 30 days. Bit Digital Inc. (NASDAQ:BTBT)’s beta value is holding at 0, while the average true range (ATR) indicator is currently reading 1.81.
An analysis of the Bit Digital Inc. (NASDAQ:BTBT) stock in terms of its daily trading volume indicates that the 3-month average is 18.48 million.
Current records show that the company has 49.74M in outstanding shares. The insiders’ percentage holdings are 23.20% of outstanding shares while the percentage share held by institutions stands at 10.00%. But the -52.53% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.