Investors Are Waking Up To Bit Origin Ltd (NASDAQ: BTOG) After Losing -96.19% Over The Past 12 Months

Bit Origin Ltd (NASDAQ:BTOG) currently has a daily average trading volume of 104.86K but it saw 50870401 shares traded in last market. With a market cap of 1.99M USD, the company’s current market price of $0.24 came falling about -23.94 while comparing to the previous closing price of $0.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $6.39 and as low as $0.27.

Taking a look at 20-day trading activity of Bit Origin Ltd (BTOG) gives us an average price of $0.4652, while its current price level is -96.31% below from 52-week high level whereas it is -11.72% 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 $0.6799 while that of 200 days or SMA-200 reads an average of $1.9475. A closer look into the stock’s movement over the week reveals that its volatility is standing at 53.97% during that period while stretching the period over a month that decreases to 22.45%. 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 19.29 which implies that the stock is in oversold territory.

Over the week, BTOG’s stock price is moving -49.83% down while it is -59.34% when we observe its performance for the past one month. Year-to-date it is -75.94% down and over the past year, the stock is showing a downside performance of -96.19%.

Currently, Bit Origin Ltd’s total number of outstanding shares is 8.47M. Company’s return on investment (ROI) stands at -354.42% and return on equity (ROE) at -294.06%. Stock’s beta reads 1.21. Stock has a price to book (P/B) ratio of 1.10 while price to sale or P/S ratio amounts to 0.69. Its return on asset (ROA) is -175.14% on average.