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Bitfarms Ltd. (TSE:BITF) Director Sells C$73,200.00 in Stock

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Bitfarms Ltd. (TSE:BITF - Get Free Report) Director Brian Howlett sold 30,000 shares of Bitfarms stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$2.44, for a total value of C$73,200.00.

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

  • On Friday, September 27th, Brian Howlett acquired 4,500 shares of Bitfarms stock. The stock was purchased at an average price of C$3.01 per share, for a total transaction of C$13,545.00.

Bitfarms Stock Performance

Shares of BITF stock traded down C$0.01 on Friday, reaching C$2.43. The stock had a trading volume of 5,836,795 shares, compared to its average volume of 3,965,589. Bitfarms Ltd. has a 12 month low of C$2.12 and a 12 month high of C$5.25. The company has a quick ratio of 0.63, a current ratio of 5.11 and a debt-to-equity ratio of 3.35. The firm has a market capitalization of C$1.10 billion, a price-to-earnings ratio of -4.86 and a beta of 3.20. The firm's 50-day moving average is C$2.89 and its two-hundred day moving average is C$3.11.

Analyst Ratings Changes

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

View Our Latest Report 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)

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