BTC Digital Ltd [NASDAQ: BTCT] price plunged by -0.86 percent to reach at -$0.03.
A sum of 4287288 shares traded at recent session while its average daily volume was at 640.08K shares. BTC Digital Ltd shares reached a high of $3.83 and dropped to a low of $3.2 until finishing in the latest session at $3.44.
The one-year BTCT stock forecast points to a potential downside of -14.67. The average equity rating for BTCT stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on BTC Digital Ltd [BTCT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTCT shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTCT 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 0.55, with the Price to Cash per share for the same quarter was set at 2.13.
BTCT Stock Performance Analysis:
BTC Digital Ltd [BTCT] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.27. With this latest performance, BTCT shares gained by 8.52% in over the last four-week period, additionally sinking by -17.51% over the last 6 months – not to mention a drop of -28.03% 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 BTCT stock in for the last two-week period is set at 50.36, with the RSI for the last a single of trading hit 0.51, and the three-weeks RSI is set at 0.42 for BTC Digital Ltd [BTCT]. The present Moving Average for the last 50 days of trading for this stock 3.51, while it was recorded at 3.64 for the last single week of trading, and 4.99 for the last 200 days.
Insight into BTC Digital Ltd Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and BTC Digital Ltd [BTCT] shares currently have an operating margin of -22.94% and a Gross Margin at 0.99%. BTC Digital Ltd’s Net Margin is presently recorded at -17.04%.
BTC Digital Ltd (BTCT) Capital Structure & Debt Analysis
BTC Digital Ltd (BTCT) Efficiency & Liquidity Metrics
Based on BTC Digital Ltd’s (BTCT) latest financial statements, the Debt-to-Equity Ratio is 0.02%, indicating its reliance on debt financing relative to shareholder equity.
BTC Digital Ltd (BTCT) Efficiency & Liquidity Metrics
From an operational efficiency perspective, BTC Digital Ltd. (BTCT) effectively leverages its workforce, generating an average of -$94761.9 per employee. The company’s liquidity position is robust, with a Current Ratio of 27.49% and a Quick Ratio of 27.49%, indicating strong ability to cover short-term liabilities.
BTC Digital Ltd [BTCT] Institutonal Ownership Details
There are presently around $1.33%, or 1.42% of BTCT stock, in the hands of institutional investors.
