Bitfarms Ltd. (TSE:BITF - Get Free Report) Director Brian Howlett bought 4,500 shares of the firm's stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average cost of C$3.01 per share, with a total value of C$13,545.00.
Bitfarms Stock Performance
Shares of BITF traded up C$0.06 on Friday, reaching C$3.03. 2,949,782 shares of the company's stock traded hands, compared to its average volume of 3,795,277. The stock has a market cap of C$1.37 billion, a PE ratio of -6.18 and a beta of 3.23. The company has a current ratio of 5.11, a quick ratio of 0.63 and a debt-to-equity ratio of 3.35. The stock's 50 day simple moving average is C$3.06 and its two-hundred day simple moving average is C$3.07. Bitfarms Ltd. has a 52-week low of C$1.26 and a 52-week high of C$5.25.
Analyst Upgrades and Downgrades
Separately, ATB Capital increased their price objective on Bitfarms from C$5.00 to C$7.50 and gave the stock an "outperform" rating in a research note on Wednesday, June 19th.
Read Our Latest Report on BITF
About Bitfarms
(
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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.
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