Bit Digital Inc [BTBT] stock prices are down -6.47% to $3.76 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BTBT shares have gain 7.43% over the last week, with a monthly amount glided 27.67%, 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.
The stock price of Bit Digital Inc [BTBT] has been fluctuating 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 $3.76 at the most recent close of the market. An investor can expect a potential return of 72.87% based on the average BTBT price forecast.
Analyzing the BTBT fundamentals
The Bit Digital Inc [NASDAQ:BTBT] reported sales of 99.58M for trailing twelve months, representing a drop of -11.37%. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.31%, Pretax Profit Margin comes in at -0.31%, and Net Profit Margin reading is -0.34%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.12 and Total Capital is -0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.
Ratios To Look Out For
It’s worth pointing out that Bit Digital Inc [NASDAQ:BTBT]’s Current Ratio is 7.80. In addition, the Quick Ratio stands at 7.80 and the Cash Ratio stands at 4.52. Considering the valuation of this stock, the price to sales ratio is 12.14, the price to book ratio is 1.71.
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.
