How does Bit Digital Inc (BTBT) change from a tortoise to a hare?

With 4.4 million shares changed hands, the volume of the stock remained lighter than its average volume of 8.62 million shares. The 52-week range on BTBT shows that it touched its highest point at $5.27 and its lowest point at $1.43 during that stretch. It currently has a 1-year price target of $5.08.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BTBT was up-trending over the past week, with a rise of 2.07%, but this was down by -9.23% over a month. Three-month performance dropped to -41.84% while six-month performance rose 14.95%. The stock gained 72.03% in the past year, while it has lost -41.84% so far this year. A look at the trailing 12-month EPS for BTBT yields -0.16 with Next year EPS estimates of 0.18. For the next quarter, that number is 0.04. This implies an EPS growth rate of -11.11% for this year and 68.75% for next year.

Float and Shares Shorts:

At present, 118.12 million BTBT shares are outstanding with a float of 117.09 million shares on hand for trading. On Mar 15, 2024, short shares totaled 15.91 million, which was 13.47% higher than short shares on Feb 15, 2024. In addition to BTBT as the firm’s Bit Digital, Inc., TBT serves as its ProShares UltraShort Lehman 20.

Institutional Ownership:

Through their ownership of 42.95% of BTBT’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTBT since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, BTBT has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and BTBT currently yields $0.00. In the past year, BTBT’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, BTBT has a current buyback yield of $––. This was $–– for the TTM, and it was $–– for the past five years.