Bit Origin Ltd (NASDAQ: BTOG) is -72.20% lower on its value in year-to-date trading and has touched a low of $0.16 and a high of $5.96 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 $0.26 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $0.27, the stock is -15.11% and -40.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 22.83 million and changing 4.49% at the moment leaves the stock -83.36% off its SMA200. BTOG registered -95.03% loss for a year compared to 6-month loss of -90.27%. The firm has a 50-day simple moving average (SMA 50) of $0.45958 and a 200-day simple moving average (SMA200) of $1.63707.
The stock witnessed a -30.63% gain in the last 1 month and extending the period to 3 months gives it a -68.36%, and is -7.66% 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 9.79% over the week and 48.76% over the month.
Bit Origin Ltd (BTOG) has around 5 employees, a market worth around $2.33M and $2.89M in sales. Profit margin for the company is -606.95%. Distance from 52-week low is 68.88% and -95.43% 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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