Bit Digital Inc. (BTBT) saw an uptrend of 44.62% in the recent, registering $21.91 being its most recent bid. The distance of current price level is 35.33% lower than the highest price of $16.19 marked by the stock while trading over the past 52-weeks, whereas it is 7725.00% higher than the lowest price of $0.28 the company dropped to over past 52-weeks. The latest news story on BTBT appeared in PR Newswire under the title “Bit Digital, Inc. Announces the Third Quarter of Fiscal Year 2020 Financial Results” on Dec-21-20.
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Squeezing the time span to 30 day period shows us the stock currently buoying -9.87% below one month high and is +357.41% above of the lowest during that time. Looking into the simple moving average, Bit Digital Inc. (BTBT)’s stock is currently standing at a SMA-50 of $6.09 while that of 5-day is reading $12.78.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $692.7 million.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 42.30 million of BTBT’s outstanding shares. That indicates a holding of about 0.30% or $131.46 of worth by institutional holders in the company.
As on Nov 29, 2020, Invesco ETF Tr-Invesco Golden Dragon China ETF was the top most holder in Bit Digital Inc. (NASDAQ:BTBT) with an ownership of 40365.0 shares of the company or 0.26% of the stake worth $0.33 million.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, liquidity recorded by Bit Digital Inc. was 1.30 while posting a debt to equity ratio of 0.00.
The rising figure indicates that BTBT came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Software – Application industry and with the broader scale at the Technology sector level shows that industry’s average ROE is 4.57.