Bit Origin Ltd [NASDAQ: BTOG] gained 3.99% on the last trading session, reaching $0.15 price per share at the time.
If compared to the average trading volume of 35.32M shares, BTOG reached a trading volume of 21273241 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Trading performance analysis for BTOG stock
Bit Origin Ltd [BTOG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 16.09. With this latest performance, BTOG shares dropped by -33.98% in over the last four-week period, additionally sinking by -92.43% over the last 6 months – not to mention a drop of -94.22% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTOG stock in for the last two-week period is set at 42.52, with the RSI for the last a single of trading hit 46.87, and the three-weeks RSI is set at 40.58 for Bit Origin Ltd [BTOG]. The present Moving Average for the last 50 days of trading for this stock 0.2651, while it was recorded at 0.1446 for the last single week of trading, and 1.2278 for the last 200 days.
Bit Origin Ltd [BTOG]: A deeper dive into fundamental analysis
Bit Origin Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.04 and a Current Ratio set at 2.04.
An analysis of Institutional ownership at Bit Origin Ltd [BTOG]
There are presently around $0.27%, or 0.28%% of BTOG stock, in the hands of institutional investors.
