BTC Digital Ltd (BTCT) Down -41.08% From Its 52-Week High, But Growth Potential Is Changing Over Time

BTC Digital Ltd (NASDAQ:BTCT) currently has a daily average trading volume of 3.61M but it saw 1542284 shares traded in last market. With a market cap of 64.92M USD, the company’s current market price of $15.66 came falling about -2.19 while comparing to the previous closing price of $16.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.58 and as low as $1.32. In the recent trading on the day, stock has struck highest price mark of $15.31 while lowest mark touched by it was $18.75.

Taking a look at 20-day trading activity of BTC Digital Ltd (BTCT) gives us an average price of $13.93, while its current price level is -41.08% below from 52-week high level whereas it is 1086.36% 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 $6.57 while that of 200 days or SMA-200 reads an average of $3.38. A closer look into the stock’s movement over the week reveals that its volatility is standing at 14.73% during that period while stretching the period over a month that increases to 39.06%. 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 62.79 which implies that the stock is in neutral territory.

Over the week, BTCT’s stock price is moving -1.20% down while it is 843.37% when we observe its performance for the past one month. Year-to-date it is 224.90% up and over the past year, the stock is showing an upside performance of 314.63%.

Currently, BTC Digital Ltd’s total number of outstanding shares is 3.30M. Company’s return on investment (ROI) stands at -13.82%. Stock’s beta reads 2.40. Stock has a price to book (P/B) ratio of 2.53 while price to sale or P/S ratio amounts to 7.16.