[breadcrumb_custom]

Bit Origin Ltd’s: Contrasting Stock Performances in a Volatile Market

The market performance of Bit Origin Ltd has been somewhat unstable. Over the past year, the company’s stock achieved a high of $11.40 on 03/23/23, with the lowest value for the same timeframe being $1.25, recorded on 06/08/23.

52-week price history of BTOG Stock

Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Bit Origin Ltd’s current trading price is -57.02% away from its 52-week high, while its distance from the 52-week low is 292.00%. The stock’s price range for this period has remained between $1.25 and $11.40. The Financial sector company’s shares managed to surpass a trading volume of around 1.89 million for the day, which was noticeably higher compared to the shares’ average daily volume of 8.25 over the last three months.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

Financial Performance and Market Capitalization

Bit Origin Ltd (BTOG) has experienced a quarterly rise of 159.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 27.10M.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.17, with a change in price of +3.37. Similarly, Bit Origin Ltd recorded 164,498 in trading volume during the last 100 days, posting a change of +220.26%.

BTOG Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BTOG stands at 0.20. Similarly, the long-term debt-to-equity ratio is also 0.05.

BTOG Stock Stochastic Average

As of today, the raw stochastic average of Bit Origin Ltd over the past 50 days is 34.20%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 34.20%. Additionally, the Stochastic %K and %D values for the company were 35.20% and 36.21%, respectively, over the past 20 days.

BTOG Stock Price Performance Analysis

The performance of the stock price over the year has been up and down, leaving investors with either an optimistic or pessimistic outlook, depending on how they interpret the data. This year’s metric has recorded a Price increase of 18.07%. However, over the past six months, we’ve seen a weaker performance of 188.24%. The price of BTOG fallen by 40.00% over the last 30 days. And in the last five days, it has fallen by -13.88%.

Leave a Reply

Your email address will not be published. Required fields are marked *

On Key

Related Posts