Bit Digital Inc [BTBT] stock is trading at $3.12, up 14.71%. An important factor to consider is whether the stock is rising or falling in short-term value. The BTBT shares have gain 4.00% over the last week, with a monthly amount glided 6.12%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bit Digital Inc [NASDAQ: BTBT] stock has seen the most recent analyst activity on January 21, 2025, when Craig Hallum initiated its Buy rating and assigned the stock a price target of $6. Previously, B. Riley Securities started tracking the stock with Buy rating on October 24, 2024, and set its price target to $6. On February 13, 2024, Northland Capital initiated with a Outperform rating and assigned a price target of $6 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $14 on September 23, 2021.
Bit Digital Inc [BTBT] stock has fluctuated between $1.69 and $5.74 over the past year. Currently, Wall Street analysts expect the stock to reach $6.5 within the next 12 months. Bit Digital Inc [NASDAQ: BTBT] shares were valued at $3.12 at the most recent close of the market. An investor can expect a potential return of 108.33% based on the average BTBT price forecast.
Analyzing the BTBT fundamentals
Bit Digital Inc [NASDAQ:BTBT] reported sales of 102.87M for the trailing twelve months, which represents a drop of -17.11%. Gross Profit Margin for this corporation currently stands at 0.97% with Operating Profit Margin at -0.7%, Pretax Profit Margin comes in at -0.74%, and Net Profit Margin reading is -0.77%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.21 and Total Capital is -0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
For context, Bit Digital Inc’s Current Ratio is 3.88. On the other hand, the Quick Ratio is 3.88, and the Cash Ratio is 1.19. Considering the valuation of this stock, the price to sales ratio is 9.70, the price to book ratio is 1.40.
Transactions by insiders
Recent insider trading involved Pierce Brock Jeffrey, Director, that happened on Jun 25 ’25 when 0.5 million shares were purchased. Chief Executive Officer, Tabar Samir completed a deal on Jun 25 ’25 to buy 0.75 million shares.
