Is Bitfarms Ltd. (BITF) a Buy, Sell, or Hold?
Bitfarms Ltd.
NASDAQ:BITF
$2.16 USD
$0.18 (9.09%)
- Volume
- 15.27M
- Average Volume
- 35.88M
- Market Capitalization
- $1.3B
- P/E Ratio
- -3.12
- Dividend Yield
- 0.00%
- Price Target
- $5.25
- Year High
- $6.60
- Year Low
- $0.67
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $9.60
Industry, Sector & symbol
| Stock Exchange | NASDAQ |
| CEO | Benjamin J. Gagnon |
| Industry | Financial - Capital Markets |
| Sector | Financial Services |
| Current Symbol | BITF |
| CUSIP | 09173B107 |
| CIK | 0001812477 |
| Web | https://www.bitfarms.com |
| Phone | 516 222 2560 |
| Currency | USD |
| Employees | 170 |
| Country | CA |
Liquidity
| Debt-to-Equity Ratio | 1.41 |
| Payout Ratio | 0.00 |
| Current Ratio | 9.60 |
| Quick Ratio | 9.43 |
| Cash Ratio | 5.96 |
Sales & Book Value
| Annual Sales | $229.28M |
| Price / Sales | 6.53 |
| Cash Flow | -0.56 |
| Price / Cash Flow | -3.88 |
| Price / Book | 3.11 |
Price Target and Rating
| Average Stock Price Forecast | $5.25 |
| High Stock Price Forecast | $7.00 |
| Low Stock Price Forecast | $2.30 |
| Forecast Upside/Downside | -58.86% |
| Consensus Rating | N/A |
| Rating Score(0-5) | 0 |
| Research Coverage | 4 Analysts |
Profitability
| EPS (Most Recent Fiscal Year) | $-0.52 |
| Trailing P/E Ratio | -3.12 |
| PEG Ratio | 0.03 |
| P/E Growth | 0.03 |
| Net Income | $-284.54M |
| Net Margin | -197.58% |
| Pretax Margin | -153.32% |
| Return on Equity | -69.94% |
| Return on Assets | -36.94% |
Financials Score
| AltmanZ Score | 0.44 |
| Piotroski Score | 2.00 |
| Working Capital | 515.7M |
| Total Assets | 1.07B |
| Ebit | -173.14M |
| Market Cap | 1.3B |
| Total Liabilities | 647.58M |
Poll Results
About Bitfarms Ltd. (NASDAQ:BITF) Stock
Bitfarms Ltd. operates an enterprise focused on the extraction of various digital currencies across North America. The company maintains and runs its own data centers, primarily dedicated to verifying transactions on the Bitcoin Blockchain, from which it obtains cryptocurrency through block rewards and associated transaction fees. In addition to its mining operations, Bitfarms provides electrical contracting services to commercial and residential customers throughout Quebec, Canada. It also offers hosting facilities for external cryptocurrency mining equipment. Founded in 2017, the company maintains its corporate headquarters in Toronto, Canada. ...
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Frequently Asked Questions
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What is the current Bitfarms Ltd. (BITF) stock price?
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Bitfarms Ltd.(NASDAQ:BITF) stock price is $2.16 in the last trading session. During the trading session, BITF stock reached the peak price of $6.6 while $0.673 was the lowest point it dropped to. The percentage change in BITF stock occurred in the recent session was 9.09% while the dollar amount for the price change in BITF stock was $0.18.
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BITF's industry and sector of operation?
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The NASDAQ listed BITF is part of Financial - Capital Markets industry that operates in the broader Financial Services sector.
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Who are the executives of BITF?
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Alexander Brammer | Senior Vice President of Global Data Center Operations
Benjamin Gagnon | Chief Executive Officer & Director
Marc-Andre Ammann | Senior Vice President of Finance & Accounting
Paul Magrath | Vice President of Taxation & Sustainability
Philippe Fortier | Executive Vice President of Corporate Development -
How many employees does BITF have?
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Number of BITF employees currently stands at 170. BITF operates from 18 King Street East, Toronto, ON M5C 1C4, CA.
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Link for BITF official website?
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Official Website of BITF is: https://www.bitfarms.com
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How do I contact BITF?
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BITF could be contacted at phone #516 222 2560 and can also be accessed through its website. BITF operates from 18 King Street East, Toronto, ON M5C 1C4, CA.
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How many shares of BITF are traded daily?
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The average number of BITF shares traded daily for last 3 months was 35.88M.
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What is the market cap of BITF currently?
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The market value of BITF currently stands at $1.3B with its latest stock price at $2.16