Bit Origin Ltd (NASDAQ: BTOG) is -51.96% lower on its value in year-to-date trading and has touched a low of $0.09 and a high of $1.01 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BTOG stock was last observed hovering at around $0.10 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.08, the stock is -47.65% and -61.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.71 million and changing -14.11% at the moment leaves the stock -68.12% off its SMA200. BTOG registered -90.05% loss for a year compared to 6-month gain of -47.19%. The firm has a 50-day simple moving average (SMA 50) of $12.50 and a 200-day simple moving average (SMA200) of -$5.02.
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The stock witnessed a -55.68% loss in the last 1 month and extending the period to 3 months gives it a -71.03%, and is -41.53% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 24.84% over the week and 17.15% over the month.
Bit Origin Ltd (BTOG) has around 11 employees, a market worth around $8.18M and $0.20M in sales. Current P/E ratio is 84.60. Distance from 52-week low is -10.95% and -91.62% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.20%).
Bit Origin Ltd (BTOG) Analyst Forecasts
The EPS is expected to grow by 101.60% this year
Bit Origin Ltd (BTOG) Top Institutional Holders
The shares outstanding are 100.54M, and float is at 82.04M with Short Float at 0.21%.