Bitfarms Ltd (NASDAQ:BITF) currently has a daily average trading volume of 17.93M but it saw 8257146 shares traded in last market. With a market cap of 483.69M USD, the company’s current market price of $0.87 came falling about -2.88 while comparing to the previous closing price of $0.90. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.28 and as low as $0.67. In the recent trading on the day, stock has struck highest price mark of $0.8601 while lowest mark touched by it was $0.889.
Cantor Fitzgerald issued its recommendations for the stock as it resumed the price target for the stock in the range of between $4 and $5.
Over the week, BITF’s stock price is moving 1.16% up while it is -25.00% when we observe its performance for the past one month. Year-to-date it is -41.61% down and over the past year, the stock is showing a downside performance of -62.17%.
The company is expected to be releasing its next quarterly report on 2025-May-13, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $88.96M as analysts are expecting the sales for current fiscal year at $328.63M and seeing the company making $368.69M in sales next year. Moreover, analysts are in estimates of $79.8M for current-quarter revenue.
Currently, Bitfarms Ltd’s total number of outstanding shares is 553.64M with 14.37% of that held by the insiders while 21.77% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -12.23% and return on equity (ROE) at -16.30%. It has a 43.50 of forward P/E ratio. Stock’s beta reads 3.88. Stock has a price to book (P/B) ratio of 0.72 while price to sale or P/S ratio amounts to 2.31. Its return on asset (ROA) is -13.95% on average.
