Should You Accumulate Bit Digital Inc (BTBT) Stock Monday Morning?

Time:2022-01-24 Source: 781 views Trending Copy share

Bit Digital Inc (BTBT) is down Monday morning, with the stock losing -7.26% in pre-market trading to 4.34. BTBT's short-term technical score of 10 indicates that the stock has traded less bullishly over the last month than 90% of stocks on the market. In the Capital Markets industry, which ranks 102 out of 146 industries, BTBT ranks higher than 14% of stocks.

Bit Digital Inc has fallen 35.27% over the past month, closing at $6.93 on December 27. During this period of time, the stock fell as low as $4.68 and as high as $7.52. BTBT has an average analyst recommendation of Strong Buy. The company has an average price target of $14.00.

Bit Digital Inc has a Long-Term Technical rank of 17. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 83% of the market scoring higher. In the Capital Markets industry which is number 109 by this metric, BTBT ranks better than 16% of stocks.

Important Dates for Investors in BTBT:
-Bit Digital Inc is set to release earnings on 3/23/2022. During their last earnings release the company posted EPS of $0.46. -We do not have a set dividend date for Bit Digital Inc at this time.

By InvestorsObserver Analysts

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