Investors Are Waking Up To Bit Origin Ltd (NASDAQ: BTOG) After Losing -12.89% Over The Past 12 Months

Bit Origin Ltd (NASDAQ:BTOG) currently has a daily average trading volume of 418.61K but it saw 843820 shares traded in last market. With a market cap of 21.51M USD, the company’s current market price of $3.89 came falling about -6.94 while comparing to the previous closing price of $4.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $9.71 and as low as $1.25.

Taking a look at 20-day trading activity of Bit Origin Ltd (BTOG) gives us an average price of $3.64, while its current price level is -59.94% below from 52-week high level whereas it is 211.20% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $3.97 while that of 200 days or SMA-200 reads an average of $3.27. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.38% during that period while stretching the period over a month that increases to 11.87%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 50.46 which implies that the stock is in neutral territory.

Over the week, BTOG’s stock price is moving -11.19% down while it is 33.68% when we observe its performance for the past one month. Year-to-date it is -6.27% down and over the past year, the stock is showing a downside performance of -12.89%.

Currently, Bit Origin Ltd’s total number of outstanding shares is 5.53M. Company’s return on investment (ROI) stands at -264.29% and return on equity (ROE) at -146.42%. Stock’s beta reads 1.39. Stock has a price to book (P/B) ratio of 2.43 while price to sale or P/S ratio amounts to 3.03. Its return on asset (ROA) is -125.02% on average.