Bit Origin Ltd (NASDAQ: BTOG) is -50.19% lower on its value in year-to-date trading and has touched a low of $0.16 and a high of $6.03 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 $0.48 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.49, the stock is 25.66% and -15.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 42.22 million and changing 2.74% at the moment leaves the stock -72.70% off its SMA200. BTOG registered -87.98% loss for a year compared to 6-month loss of -70.95%.
The stock witnessed a 8.47% gain in the last 1 month and extending the period to 3 months gives it a -64.63%, and is 36.34% up 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 45.51% over the week and 46.74% over the month.
Bit Origin Ltd (BTOG) has around 5 employees, a market worth around $4.17M and $2.89M in sales. Profit margin for the company is -606.95%. Distance from 52-week low is 202.60% and -91.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-354.42%).
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Bit Origin Ltd (BTOG) Top Institutional Holders
The shares outstanding are 8.54M, and float is at 7.91M with Short Float at 0.63%.
Bit Origin Ltd (BTOG) Insider Activity
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