Bit Origin Ltd (NASDAQ: BTOG) Emerges As Guiding Light For Investors

Bit Origin Ltd (NASDAQ:BTOG) currently has a daily average trading volume of 32.38M but it saw 4282374 shares traded in last market. With a market cap of 1.17M USD, the company’s current market price of $0.14 came falling about -4.86 while comparing to the previous closing price of $0.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.73 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.1315 while lowest mark touched by it was $0.1424.

Taking a look at 20-day trading activity of Bit Origin Ltd (BTOG) gives us an average price of $0.1875, while its current price level is -97.61% below from 52-week high level whereas it is 15.22% 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 $0.3052 while that of 200 days or SMA-200 reads an average of $1.2854. A closer look into the stock’s movement over the week reveals that its volatility is standing at 11.11% during that period while stretching the period over a month that increases to 15.13%. 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 35.70 which implies that the stock is in neutral territory.

Over the week, BTOG’s stock price is moving -9.27% down while it is -50.90% when we observe its performance for the past one month. Year-to-date it is -86.02% down and over the past year, the stock is showing a downside performance of -94.85%.

The company is expected to be releasing its next quarterly report in May, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Bit Origin Ltd’s total number of outstanding shares is 8.48M with 9.06% of that held by the insiders while 1.87% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -470.32% and return on equity (ROE) at -339.55%. Stock’s beta reads 1.42. Its return on asset (ROA) is -151.77% on average.