Bit Origin Ltd (NASDAQ: BTOG) is -69.90% 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 $0.31 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $0.29, the stock is -18.22% and -44.04% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 20.21 million and changing -4.84% at the moment leaves the stock -82.88% off its SMA200. BTOG registered -92.44% loss for a year compared to 6-month loss of -84.95%. The firm has a 50-day simple moving average (SMA 50) of $0.52724 and a 200-day simple moving average (SMA200) of $1.72284.
The stock witnessed a -33.26% gain in the last 1 month and extending the period to 3 months gives it a -70.50%, and is -37.91% 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 24.99% over the week and 49.68% over the month.
Bit Origin Ltd (BTOG) has around 5 employees, a market worth around $2.52M and $2.89M in sales. Profit margin for the company is -606.95%. Distance from 52-week low is 82.89% and -95.11% 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
5.0 institutions hold shares in Bit Origin Ltd (BTOG), with institutional investors hold 2.25% of the company’s shares. The shares outstanding are 8.54M, and float is at 7.91M with Short Float at 6.84%. Institutions hold 1.88% of the Float.
Bit Origin Ltd (BTOG) Insider Activity
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