The 36-month beta value for BTOG is also noteworthy at 1.44.
The public float for BTOG is 4.91M, and at present, short sellers hold a 3.77% of that float. The average trading volume of BTOG on March 28, 2024 was 500.63K shares.
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BTOG) stock’s latest price update
The stock price of Bit Origin Ltd (NASDAQ: BTOG) has dropped by -23.95 compared to previous close of 5.26. Despite this, the company has seen a fall of -27.01% in its stock price over the last five trading days. PennyStocks reported 2022-06-06 that Here’s what you need to know about trading penny stocks on June 6th, 2022 The post What to Know About Buying Penny Stocks on June 6th appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.
BTOG’s Market Performance
Bit Origin Ltd (BTOG) has seen a -27.01% fall in stock performance for the week, with a -33.77% decline in the past month and a 9.59% surge in the past quarter. The volatility ratio for the week is 15.58%, and the volatility levels for the past 30 days are at 16.78% for BTOG. The simple moving average for the past 20 days is -18.43% for BTOG’s stock, with a 34.08% simple moving average for the past 200 days.
BTOG Trading at -17.97% from the 50-Day Moving Average
After a stumble in the market that brought BTOG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -59.60% of loss for the given period.
Volatility was left at 16.78%, however, over the last 30 days, the volatility rate increased by 15.58%, as shares sank -28.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.21% upper at present.
During the last 5 trading sessions, BTOG fell by -27.01%, which changed the moving average for the period of 200-days by +210.08% in comparison to the 20-day moving average, which settled at $4.82. In addition, Bit Origin Ltd saw -3.61% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BTOG
Current profitability levels for the company are sitting at:
- -1.74 for the present operating margin
- -0.73 for the gross margin
The net margin for Bit Origin Ltd stands at -4.51. The total capital return value is set at -1.52.
Based on Bit Origin Ltd (BTOG), the company’s capital structure generated 0.17 points at debt to capital in total, while cash flow to debt ratio is standing at -4.89. The debt to equity ratio resting at 0.2. The interest coverage ratio of the stock is -71.79.
Currently, EBITDA for the company is -5.82 million with net debt to EBITDA at -0.25. When we switch over and look at the enterprise to sales, we see a ratio of 2.58. The receivables turnover for the company is 20.06for trailing twelve months and the total asset turnover is 0.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.38.
Conclusion
In summary, Bit Origin Ltd (BTOG) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
