Bit Origin Ltd [NASDAQ: BTOG] surged by $0.02 during the normal trading session on Wednesday and reaching a high of $0.4134 during the day while it closed the day at $0.4.
Bit Origin Ltd stock has also loss -0.98% of its value over the past 7 days. However, BTOG stock has inclined by 134.34% in the 3 months of the year. Over the past six months meanwhile, it has gained 102.15% and lost -80.11% year-on date.
The market cap for BTOG stock reached $35.38 million, with 89.38 million shares outstanding and 81.27 million shares in the current float. Compared to the average trading volume of 38.69M shares, BTOG reached a trading volume of 4929894 in the most recent trading day, which is why market watchdogs consider the stock to be active.
BTOG stock trade performance evaluation
Bit Origin Ltd [BTOG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.98. With this latest performance, BTOG shares gained by 10.74% in over the last four-week period, additionally plugging by 102.15% over the last 6 months – not to mention a drop of -59.61% 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 48.82, with the RSI for the last a single of trading hit 0.0376, and the three-weeks RSI is set at 0.0493 for Bit Origin Ltd [BTOG]. The present Moving Average for the last 50 days of trading for this stock 0.4219, while it was recorded at 0.3864 for the last single week of trading, and 0.3894 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
Bit Origin Ltd [BTOG]: Institutional Ownership
There are presently around $0.21%, or 0.21%% of BTOG stock, in the hands of institutional investors.
