BTBT: Riding the Market Waves of Growth and Decline in 2023

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The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -18.77%.However, over the last six months, we can see a stronger performance of -56.88%. Over the last 30 days, the price of BTBT has fallen by 35.23%. And in the last five days, it has surged by 14.42%.

Bit Digital Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $5.74 on 11/12/24 and the lowest value was $1.69 on 04/10/25.

52-week price history of BTBT Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Bit Digital Inc’s current trading price is -58.54% away from its 52-week high, while its distance from the 52-week low is 40.83%. The stock’s price range during this period has varied between$1.69 and $5.74. The Bit Digital Inc’s shares, which operate in the Financial, saw a trading volume of around 23.72 million for the day, a figure considerably higher than their average daily volume of 14.6 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Bit Digital Inc (BTBT) has experienced a quarterly decline of -23.72% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 494.52M and boasts a workforce of 54 employees.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 2.61, with a change in price of -1.01. Similarly, Bit Digital Inc recorded 15,060,581 in trading volume during the last 100 days, posting a change of -29.79%.

BTBT’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for BTBT stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.

BTBT Stock Stochastic Average

Bit Digital Inc’s raw stochastic average for the past 50 days is presently 66.35%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 98.48%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 77.97% and 79.97%, respectively.

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