Bit Brother Limited (BTB): Major Movement on the Horizon – Invest Chronicle

Bit Brother Limited (BTB): Major Movement on the Horizon

At the end of the latest market close, Bit Brother Limited (BTB) was valued at $0.49. In that particular session, Stock kicked-off at the price of $0.4896 while reaching the peak value of $0.4896 and lowest value recorded on the day was $0.4202. The stock current value is $0.44.Recently in News on January 7, 2022, Bit Brother Ltd. Received Nasdaq Notification Letter Regarding Bid Price Deficiency. Bit Brother Limited (the “Company,” “we” or “Bit Brother”) (NASDAQ: BTB), announced today that on January 4, 2022, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2). You can read further details here

Bit Brother Limited had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $0.6100 on 01/03/22, with the lowest value was $0.4202 for the same time period, recorded on 01/13/22.


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Bit Brother Limited (BTB) full year performance was -75.94%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Bit Brother Limited shares are logging -93.35% during the 52-week period from high price, and -1.59% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.45 and $6.69.

The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 1183385 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Bit Brother Limited (BTB) recorded performance in the market was -22.34%, having the revenues showcasing -51.13% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 21.97M, as it employees total of 65 workers.

The Analysts eye on Bit Brother Limited (BTB)

During the last month, 0 analysts gave the Bit Brother Limited a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 0.9311, with a change in the price was noted -0.52. In a similar fashion, Bit Brother Limited posted a movement of -53.89% for the period of last 100 days, recording 4,501,409 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for BTB is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

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Technical rundown of Bit Brother Limited (BTB)

Raw Stochastic average of Bit Brother Limited in the period of last 50 days is set at 0.96%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 9.79%. In the last 20 days, the company’s Stochastic %K was 13.53% and its Stochastic %D was recorded 10.51%.

Considering, the past performance of Bit Brother Limited, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -22.34%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -56.80%, alongside a downfall of -75.94% for the period of the last 12 months. The shares -7.48% in the 7-day charts and went up by -26.45% in the period of the last 30 days. Common stock shares were lifted by -51.13% during last recorded quarter.

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