BTCS Inc (NASDAQ:BTCS) does about 2.42M shares in volume on a normal day but saw 6073951 shares change hands in the recent trading day. The company now has a market cap of 67.27M USD. Its current market price is $4.35, marking a decrease of -10.86% compared to the previous close of $4.88. The 52 week high reached by this stock is $5.41 whilst the lowest price level in 52 weeks is $0.95.
BTCS Inc (BTCS) has a 20-day trading average at $1.87 and the current price is -19.59% off the 52-week high compared with 357.89% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.44 and its 200-day simple moving average is $1.48. If we look at the stock’s price movements over the week, volatility stands at 58.95%, which decreases to 19.26% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 82.00 to suggest the stock is overbought.
The consensus objective for the share price is $3.00, suggesting that the stock has a potential downside of -45.0% over the period.
The current price level is 132.71%, 201.35%, and 194.27% away from its SMA20, SMA50, and SMA200 respectively, with the BTCS price moving below the 50-day SMA on current market day. BTCS Inc (BTCS) stock is up 208.51% over the week and 268.64% over the past month. Its price is 166.87% year-to-date and 333.70% over the past year.
To reach the target analysts have set, the stock logically needs to shrink -45.0 percent from here.
The company has a return on investment of 29.29% and return on equity of 43.89%. The price to earnings ratio (P/E ratio) amounts to 12.22. The beta has a value of 2.19. Price to book ratio is 3.18 and price to sales ratio is 33.47.
