Bit Digital is a capital markets business based in the US. Bit Digital shares (BTBT) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $4.03 – a decrease of 13.15% over the previous week. Bit Digital employs 24 staff and has a trailing 12-month revenue of around $86.9 million.
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| Latest market close | $4.03 |
|---|---|
| 52-week range | $1.76 - $5.74 |
| 50-day moving average | $3.55 |
| 200-day moving average | $2.98 |
| Wall St. target price | $6.13 |
| PE ratio | 21.9 |
| Dividend yield | N/A |
| Earnings per share (TTM) | $0.20 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $4.02 from 2024-11-18
| 1 week (2024-11-13) | -13.36% |
|---|---|
| 1 month (2024-10-18) | -0.74% |
| 3 months (2024-08-20) | 11.36% |
| 6 months (2024-05-17) | 85.25% |
| 1 year (2023-11-17) | 86.11% |
|---|---|
| 2 years (2022-11-18) | 302.00% |
| 3 years (2021-11-19) | 9.93 |
| 5 years (2019-11-17) | N/A |
Valuing Bit Digital stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Bit Digital's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Bit Digital's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Bit Digital shares trade at around 22x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Bit Digital's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $8.3 million.
The EBITDA is a measure of a Bit Digital's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $86.9 million |
|---|---|
| Gross profit TTM | $65.3 million |
| Return on assets TTM | -4.21% |
| Return on equity TTM | 14.95% |
| Profit margin | 33.3% |
| Book value | $2.08 |
| Market Capitalization | $647.3 million |
TTM: trailing 12 months
We're not expecting Bit Digital to pay a dividend over the next 12 months.
Over the last 12 months, Bit Digital's shares have ranged in value from as little as $1.76 up to $5.74. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Bit Digital's is 4.805. This would suggest that Bit Digital's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Bit Digital, Inc. , together with its subsidiaries, engages in the bitcoin mining business. It is also involved in the treasury management activities; and digital asset staking and digital asset mining businesses, as well as ethereum staking activities. In addition, it provides specialized cloud-infrastructure services for artificial intelligence applications. The company was formerly known as Golden Bull Limited and changed its name to Bit Digital, Inc. in September 2020. Bit Digital, Inc.
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