Free Trial

Bitfarms Ltd. (TSE:BITF) Director Brian Howlett Acquires 6,000 Shares

Bitfarms logo with Financial Services background

Bitfarms Ltd. (TSE:BITF - Get Free Report) Director Brian Howlett purchased 6,000 shares of the firm's stock in a transaction that occurred on Monday, December 30th. The stock was bought at an average price of C$2.19 per share, with a total value of C$13,140.00.

Brian Howlett also recently made the following trade(s):

  • On Thursday, December 19th, Brian Howlett sold 30,000 shares of Bitfarms stock. The shares were sold at an average price of C$2.44, for a total transaction of C$73,200.00.

Bitfarms Stock Down 4.7 %

Shares of BITF traded down C$0.11 during mid-day trading on Monday, hitting C$2.23. 2,938,777 shares of the company's stock were exchanged, compared to its average volume of 3,951,791. The company has a quick ratio of 0.63, a current ratio of 5.11 and a debt-to-equity ratio of 3.35. Bitfarms Ltd. has a twelve month low of C$2.12 and a twelve month high of C$5.25. The firm has a fifty day moving average of C$2.86 and a two-hundred day moving average of C$3.07. The stock has a market cap of C$1.01 billion, a price-to-earnings ratio of -4.46 and a beta of 3.20.

Wall Street Analysts Forecast Growth

Separately, ATB Capital lowered their price objective on shares of Bitfarms from C$7.00 to C$6.50 in a research report on Thursday, November 14th.

Get Our Latest Stock Analysis on BITF

About Bitfarms

(Get Free Report)

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. 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.

Further Reading

Insider Buying and Selling by Quarter for Bitfarms (TSE:BITF)

Should You Invest $1,000 in Bitfarms Right Now?

Before you consider Bitfarms, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bitfarms wasn't on the list.

While Bitfarms currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Free Today: Your Guide to Smarter Options Trades Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Make Your Money Work Harder: The Power of Dividend Investing
7 Cybersecurity Stocks Outperforming the Market Right Now
Markets in Rally Mode: Will Earnings Keep It Going?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines