The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Bitfarms Ltd’s current trading price is -66.46% away from its 52-week high, while its distance from the 52-week low is 63.45%. The stock’s price range for this period has been between $0.67 and $3.28 The company’s shares, which are part of the Financial sector, had a trading volume of approximately 11.48 million for the day, a number notably lower than the average daily volume of 22.04 million over the last three months.
Bitfarms Ltd ‘s stock market performance has been somewhat erratic. The company’s stock reached a 1-year high price of $3.28 on 06/20/24, while the lowest value for the same period was recorded at $0.67 on 04/09/25.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Bitfarms Ltd (BITF) has experienced a quarterly decline of -20.86% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 557.59M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.2495, with a change in price of -0.8350. Similarly, Bitfarms Ltd recorded 30,058,723 in trading volume during the last 100 days, posting a change of -43.26%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for BITF stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.
BITF Stock Stochastic Average
Bitfarms Ltd’s raw stochastic average for the past 50 days is presently 67.46%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 85.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 86.11% and 85.41%, respectively.
BITF Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Year to date metric has recorded a loss of -26.17%.However, over the last six months, we can see a stronger performance of -48.36%. Over the last 30 days, the price of BITF has fallen by 42.54%. And in the last five days, it has surged by 13.64%.
