Bitfarms Ltd (NASDAQ:BITF) currently has a daily average trading volume of 19.23M but it saw 30025162 shares traded in last market. With a market cap of 683.83M USD, the company’s current market price of $1.23 came falling about -3.15 while comparing to the previous closing price of $1.27. In past 52 weeks, the stock remained buoying in the range of price level as high as $2.84 and as low as $0.67. In the recent trading on the day, stock has struck highest price mark of $1.21 while lowest mark touched by it was $1.27.
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 13.89% up while it is 53.77% when we observe its performance for the past one month. Year-to-date it is -57.29% down and over the past year, the stock is showing a downside performance of -17.45%.
The company is expected to be releasing its next quarterly report on 2025-May-14, 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 $88.69M as analysts are expecting the sales for current fiscal year at $327.53M and seeing the company making $351.79M in sales next year. Moreover, analysts are in estimates of $79.92M for current-quarter revenue.
Currently, Bitfarms Ltd’s total number of outstanding shares is 553.64M with 9.92% of that held by the insiders while 21.47% 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%. Stock’s beta reads 3.84. Stock has a price to book (P/B) ratio of 1.02 while price to sale or P/S ratio amounts to 3.27. Its return on asset (ROA) is -13.95% on average.
