The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. The index has shown a price loss of -39.81% this year. Over the last six months, there has been a stronger performance of -58.09%. The price of BITF leaped by -15.40% during the last 30 days period. For the last 5-days stocks have slided -2.12%.
Bitfarms Ltd experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $3.28 on 06/20/24, while the lowest price for the same period was registered at $0.67 on 04/09/25.
52-week price history of BITF Stock
Examining the 52-week high and low prices can provide valuable insights into a stock’s current status and future performance. Bitfarms Ltd’s current trading price is -72.66% away from its 52-week high, while its distance from the 52-week low is 33.25%. The stock’s price range during this time has been between $0.67 and $3.28. The trading volume for the Financial sector company’s shares reached about 6.77 million for the day, which was lower than the average daily volume of 18.52 million over the last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Bitfarms Ltd (BITF) has experienced a quarterly decline of -19.21% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 498.58M.
Combining Moving Average and Trading Volume Data for Better Market Insight
BITF’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 BITF stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.03.