BTCS Inc (BTCS): Investing In A Time Of Crisis

BTCS Inc (NASDAQ:BTCS) currently has a daily average trading volume of 2.67M but it saw 3800672 shares traded in last market. With a market cap of 67.32M USD, the company’s current market price of $3.88 came falling about -3.72 while comparing to the previous closing price of $4.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.41 and as low as $0.95. In the recent trading on the day, stock has struck highest price mark of $3.8772 while lowest mark touched by it was $4.49.

Taking a look at 20-day trading activity of BTCS Inc (BTCS) gives us an average price of $2.24, while its current price level is -28.28% below from 52-week high level whereas it is 308.42% 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 $1.60 while that of 200 days or SMA-200 reads an average of $1.51. A closer look into the stock’s movement over the week reveals that its volatility is standing at 29.16% during that period while stretching the period over a month that decreases to 22.65%. 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 66.49 which implies that the stock is in neutral territory.

Over the week, BTCS’s stock price is moving -6.95% down while it is 215.45% when we observe its performance for the past one month. Year-to-date it is 138.04% up and over the past year, the stock is showing an upside performance of 274.88%.

The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.07 beat the consensus estimate of -0.09 for the same. The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of -0.06 while estimate for next year EPS is nan. In next quarter, company is expected to be making quarterly sales of $2.1M as analysts are expecting the sales for current fiscal year at $nan and seeing the company making $nan in sales next year. Moreover, analysts are in estimates of $600k for current-quarter revenue.

Currently, BTCS Inc’s total number of outstanding shares is 15.32M. Company’s return on investment (ROI) stands at 29.29% and return on equity (ROE) at 43.89%. It has a price to earnings ratio (P/E ratio) of 10.90. Stock’s beta reads 1.98. Stock has a price to book (P/B) ratio of 2.84 while price to sale or P/S ratio amounts to 33.49. Its return on asset (ROA) is 41.63% on average.