Bit Origin Ltd [NASDAQ: BTOG] price plunged by -0.78 percent to reach at $0.0.
A sum of 17957401 shares traded at recent session while its average daily volume was at 41.88M shares. Bit Origin Ltd shares reached a high of $0.5199 and dropped to a low of $0.4411 until finishing in the latest session at $0.52.
BTOG Stock Performance Analysis:
Bit Origin Ltd [BTOG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -33.46. With this latest performance, BTOG shares gained by 210.22% in over the last four-week period, additionally sinking by -6.37% over the last 6 months – not to mention a drop of -47.04% 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 59.26, with the RSI for the last a single of trading hit 0.1329, and the three-weeks RSI is set at 0.0916 for Bit Origin Ltd [BTOG]. The present Moving Average for the last 50 days of trading for this stock 0.2519, while it was recorded at 0.5984 for the last single week of trading, and 0.7014 for the last 200 days.
Bit Origin Ltd (BTOG) Capital Structure & Debt Analysis
According to recent financial data for Bit Origin Ltd. ( BTOG), the Return on Equity (ROE) stands at -339.55%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -151.77%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Bit Origin Ltd’s Return on Invested Capital (ROIC) is -470.32%, showcasing its effectiveness in deploying capital for earnings.
Bit Origin Ltd (BTOG) Efficiency & Liquidity Metrics
Bit Origin Ltd (BTOG) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Bit Origin Ltd. (BTOG) effectively leverages its workforce, generating an average of -$2656000.0 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.04% and a Quick Ratio of 2.04%, indicating strong ability to cover short-term liabilities.
Bit Origin Ltd [BTOG] Institutonal Ownership Details
There are presently around $0.57%, or 0.58% of BTOG stock, in the hands of institutional investors.
