Market cap of Bit Origin Ltd [BTOG] reaches 41.12M – now what?

Misty Lee

Bit Origin Ltd [NASDAQ: BTOG] stock went on an upward path that rose over 18.83% on Thursday, amounting to a one-week price increase of more than 3.25%.

Over the last 12 months, BTOG stock dropped by -53.06%.

The market cap for the stock reached $41.12 million, with 89.38 million shares outstanding and 81.27 million shares in the current float. Compared to the average trading volume of 38.91M shares, BTOG stock reached a trading volume of 10089817 in the most recent trading day, which is why market watchdogs consider the stock to be active.

BTOG Stock Performance Analysis:

Bit Origin Ltd [BTOG] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.25. With this latest performance, BTOG shares gained by 12.20% in over the last four-week period, additionally plugging by 73.65% over the last 6 months – not to mention a drop of -53.06% in the past year of trading.

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 $0.21%, or 0.21%% of BTOG stock, in the hands of institutional investors.

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