Bit Origin Ltd (NASDAQ: BTOG)’s stock price has gone decline by -4.91 in comparison to its previous close of 0.18, however, the company has experienced a 0.91% increase in its stock price over the last five trading days. globenewswire.com reported 2025-02-25 that NEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) — Bit Origin Ltd (NASDAQ: BTOG) (“Bit Origin” or the “Company”), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, today announced that it has received a notification letter from the Nasdaq Stock Market LLC (“Nasdaq”) on February 21, 2025, indicating that the Company is not in compliance with Nasdaq’s minimum bid price requirement.
Is It Worth Investing in Bit Origin Ltd (NASDAQ: BTOG) Right Now?
The 36-month beta value for BTOG is also noteworthy at 1.43.
The public float for BTOG is 7.14M, and at present, short sellers hold a 6.48% of that float. The average trading volume of BTOG on May 07, 2025 was 41.33M shares.
BTOG’s Market Performance
BTOG’s stock has seen a 0.91% increase for the week, with a 18.93% rise in the past month and a -67.91% fall in the past quarter. The volatility ratio for the week is 22.45%, and the volatility levels for the past 30 days are at 19.07% for Bit Origin Ltd. The simple moving average for the past 20 days is 9.05% for BTOG’s stock, with a -85.73% simple moving average for the past 200 days.
BTOG Trading at -26.78% 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 -97.09% of loss for the given period.
Volatility was left at 19.07%, however, over the last 30 days, the volatility rate increased by 22.45%, as shares surge +37.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -57.31% lower at present.
During the last 5 trading sessions, BTOG rose by +0.91%, which changed the moving average for the period of 200-days by -90.38% in comparison to the 20-day moving average, which settled at $0.1527. In addition, Bit Origin Ltd saw -83.01% 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:
- -9.25 for the present operating margin
- -0.33 for the gross margin
The net margin for Bit Origin Ltd stands at -11.64. The total capital return value is set at -6.5. Equity return is now at value -339.55, with -151.77 for asset returns.
Based on Bit Origin Ltd (BTOG), the company’s capital structure generated 1.25 points at debt to capital in total, while cash flow to debt ratio is standing at -0.99. The debt to equity ratio resting at -5.03. The interest coverage ratio of the stock is -28.26.
Currently, EBITDA for the company is -16.89 million with net debt to EBITDA at -1.26. When we switch over and look at the enterprise to sales, we see a ratio of 4.91. The receivables turnover for the company is 0.51for trailing twelve months and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.
Conclusion
In summary, Bit Origin Ltd (BTOG) has had a mixed 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.
