BTCS Inc (NASDAQ:BTCS) does about 3.14M shares in volume on a normal day but saw 460840 shares change hands in the recent trading day. The company now has a market cap of 42.35M USD. Its current market price is $2.47, marking a decrease of -1.20% compared to the previous close of $2.50. 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 $3.10 and the current price is -54.34% off the 52-week high compared with 160.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.71 and its 200-day simple moving average is $1.73. If we look at the stock’s price movements over the week, volatility stands at 12.23%, which decreases to 12.20% 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 41.92 to suggest the stock is neutral.
The consensus objective for the share price is $5.00, suggesting that the stock has a potential upside of 50.6% over the period.
The current price level is -20.23%, -8.86%, and 43.07% away from its SMA20, SMA50, and SMA200 respectively, with the BTCS price moving above the 50-day SMA on current market day. Its price is 51.53% year-to-date and 51.53% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.05 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $2.2M.
To reach the target analysts have set, the stock logically needs to grow 50.6 percent from here.
Outstanding shares total 16.56M with insiders holding 43.62% of the shares and institutional holders owning 4.26% of the company’s common stock. 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 6.94. The beta has a value of 2.24. Price to book ratio is 1.81 and price to sales ratio is 21.07.
