BTC Digital (BTCT) Stock Price, News & Analysis

Company Overview

BTC Digital Ltd. a crypto asset technology company engages in bitcoin mining business. It is also involved in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, China.

Key Stats

• Today's Range: $1.55 to $1.64
• 50-Day Range: $1.33 to $1.77
• 52-Week Range: $1.32 to $6.06
• Volume: 7,024 shs
• Average Volume: 32,273 shs
• Market Capitalization: $3.29 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

BTC Digital Stock Analysis - MarketRank™

BTC Digital scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for BTC Digital.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for BTC Digital are expected to grow in the coming year, from ($0.98) to ($0.47) per share.

Price to Book Value per Share Ratio

BTC Digital has a P/B Ratio of 0.17. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.34% of the float of BTC Digital has been sold short.

Short Interest Ratio / Days to Cover

BTC Digital has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BTC Digital has recently increased by 57.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

BTC Digital does not currently pay a dividend.

Dividend Growth

BTC Digital does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.34% of the float of BTC Digital has been sold short.

Short Interest Ratio / Days to Cover

BTC Digital has a short interest ratio ("days to cover") of 0.3, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in BTC Digital has recently increased by 57.14%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

BTC Digital has a news sentiment score of 0.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.65 average news sentiment score of Finance companies.

MarketBeat Follows

2 people have added BTC Digital to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, BTC Digital insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.84% of the stock of BTC Digital is held by insiders.

Percentage Held by Institutions

Only 7.32% of the stock of BTC Digital is held by institutions.

BTCT Stock Analysis - Frequently Asked Questions

How have BTCT shares performed this year?

BTC Digital's stock was trading at $4.82 at the beginning of 2024. Since then, BTCT shares have decreased by 67.4% and is now trading at $1.57.
View the best growth stocks for 2024 here.

How were BTC Digital's earnings last quarter?

BTC Digital Ltd. (NASDAQ:BTCT) posted its quarterly earnings data on Wednesday, August, 14th. The company reported ($0.11) EPS for the quarter. The company had revenue of $6.38 million for the quarter.

How do I buy shares of BTC Digital?

Shares of BTCT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of BTC Digital own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BTC Digital investors own include Meta Platforms (META), Argo Blockchain (ARBK), Bit Digital (BTBT), BTCS (BTCS), Bitfarms (BITF), Central Plains Bancshares (CPBI) and NVIDIA (NVDA).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 10/17/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Nondepository credit institutions
• Sub-Industry: Banking
• Current Symbol: NASDAQ:BTCT
• Previous Symbol: NASDAQ:BTCT
• CUSIP: N/A
• CIK: 1796514
• Web: investor.metenedu-edtechx.com
• Phone: 86-75-5829-45250
• Fax: N/A
• Employees: 16
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.91
• Quick Ratio: 1.91

Sales & Book Value

• Annual Sales: $6.77 million
• Price / Sales: 0.49
• Cash Flow: $2.07 per share
• Price / Cash Flow: 0.76
• Book Value: $9.27 per share
• Price / Book: 0.17

Miscellaneous

• Outstanding Shares: 2,098,000
• Free Float: 2,085,000
• Market Cap: $3.29 million
• Optionable: Not Optionable
• Beta: -0.07