Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations  |  Forex Crypto

Bitfarms Ltd. (BITF)

1.21   0.01 (0.83%) 06-01 16:00
Open: 1.15 Pre. Close: 1.2
High: 1.2299 Low: 1.15
Volume: 3,317,896 Market Cap: 296(M)

Technical analysis

as of: 2023-06-01 4:43:03 PM
Stoxline posted a BUY today, same as yesterday. Upward movement continues.
Target: Six months: 1.44     One year: 1.68
Support: Support1: 1.06    Support2: 0.95
Resistance: Resistance1: 1.23    Resistance2: 1.44
Pivot: 1.11
Moving Average: MA(5): 1.15     MA(20): 1.11
MA(100): 1.01     MA(250): 1.06
MACD: MACD(12,26): 0     Signal(9): 0
Stochastic oscillator: %K(14,3): 90.3     %D(3): 77.4
RSI: RSI(14): 58.4
52-week: High: 2.32  Low: 0.37
Average Vol(K): 3-Month: 4,356 (K)  10-Days: 3,288 (K)

Price, moving averages and Bollinger Bands

Price has closed above its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is BULLISH in short-term; and BULLISH in mid-long term.
[ BITF ] has closed below upper band by 13.4%. Bollinger Bands are 32.5% narrower than normal. The current width of the bands does not suggest anything about the future direction or movement of prices.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 1.23 - 1.24 1.24 - 1.24
Low: 1.14 - 1.14 1.14 - 1.15
Close: 1.2 - 1.21 1.21 - 1.22

Company Description

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in North America. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada. It also undertakes hosting of third-party mining hardware. The company was founded in 2017 and is headquartered in Toronto, Canada.

Headline News

Thu, 01 Jun 2023
Bitfarms Mines 459 BTC in May - Yahoo Finance

Wed, 31 May 2023
Premarket Mover: Bitfarms Ltd (BITF) Down 3.33% - InvestorsObserver

Mon, 29 May 2023
Is Brink's (BCO) Stock Outpacing Its Business Services Peers This ... - Nasdaq

Mon, 29 May 2023
Mirae Asset Global Investments Co. Ltd. Increases Stock Position in ... - MarketBeat

Wed, 24 May 2023
Bitfarms Announces Results of Annual General and Special Meeting of Shareholders - Yahoo Finance

Fri, 19 May 2023
Bitfarms snags Overweight rating at Cantor on growth prospects ... - Seeking Alpha

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Underperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Underperform
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Underperform
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Neutral
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NASDAQ
Sector:  Financial Services
Industry:  Capital Markets
Shares Out. 238 (M)
Shares Float 218 (M)
% Held by Insiders 7.1 (%)
% Held by Institutions 16.9 (%)
Shares Short 7,680 (K)
Shares Short P.Month 9,250 (K)

Stock Financials

EPS -1.36
EPS Est Next Qtl 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 1.16
Profit Margin (%) -186.2
Operating Margin (%) -46.1
Return on Assets (ttm) -7.9
Return on Equity (ttm) -67.2
Qtrly Rev. Growth -25.5
Gross Profit (p.s.) 0.04
Sales Per Share 0.55
EBITDA (p.s.) 0.06
Qtrly Earnings Growth 0
Operating Cash Flow 77 (M)
Levered Free Cash Flow 127 (M)

Stock Valuations

PE Ratio -0.9
PEG Ratio 0
Price to Book value 1.03
Price to Sales 2.18
Price to Cash Flow 3.72

Stock Dividends

Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.
Your Ad Here
StockChart iOS
StoxlineLite iOS
StoxlineLite iOS
OptionCalc iOS
StockChart Android
StoxlineLite Android
StoxlinePro Android
OptionCalc Android
(c) 2006-2022 | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the web site, a user agrees not to redistribute the information found therein.