BTCS Inc. (OTCMKTS:BTCS - Get Free Report) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.55 and traded as high as $4.20. BTCS shares last traded at $4.03, with a volume of 5,868,362 shares traded.
BTCS Price Performance
The stock has a 50 day moving average price of $1.55 and a 200-day moving average price of $1.47. The stock has a market capitalization of $68.61 million, a price-to-earnings ratio of 9.83 and a beta of 1.55.
BTCS (OTCMKTS:BTCS - Get Free Report) last released its quarterly earnings results on Monday, August 19th. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.04). BTCS had a negative return on equity of 43.20% and a negative net margin of 370.07%. The firm had revenue of $0.56 million for the quarter, compared to the consensus estimate of $0.40 million. As a group, research analysts forecast that BTCS Inc. will post -0.33 earnings per share for the current year.
About BTCS
(
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BTCS Inc operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.
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