BTCS Inc [NASDAQ: BTCS] gained 111.07% on the last trading session, reaching $5.91 price per share at the time.
BTCS Inc represents 20.21 million in outstanding shares, while the company has a total market value of $124.68 million with the latest information. BTCS stock price has been found in the range of $2.942 to $6.19.
If compared to the average trading volume of 1.25M shares, BTCS reached a trading volume of 130818915 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about BTCS Inc [BTCS]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTCS shares is $5.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTCS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 6.73, with the Price to Cash per share for the same quarter was set at 0.97.
Trading performance analysis for BTCS stock
BTCS Inc [BTCS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 168.64. With this latest performance, BTCS shares gained by 133.60% in over the last four-week period, additionally plugging by 125.57% over the last 6 months – not to mention a rise of 139.27% in the past year of trading.
BTCS Inc [BTCS]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and BTCS Inc [BTCS] shares currently have an operating margin of -167.30% and a Gross Margin at 14.51%. BTCS Inc’s Net Margin is presently recorded at -579.85%.
Return on Equity for this stock declined to -101.67%, with Return on Assets sitting at -101.67%.
An analysis of Institutional ownership at BTCS Inc [BTCS]
There are presently around $3.21%, or 4.86% of BTCS stock, in the hands of institutional investors. The top three institutional holders of BTCS stocks are: VANGUARD GROUP INC with ownership of 0.37 million shares, which is approximately 2.3455%. GEODE CAPITAL MANAGEMENT, LLC, holding 92204.0 shares of the stock with an approximate value of $$0.13 million in BTCS stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$61320.0 in BTCS stock with ownership which is approximately 0.2832%.
