Closing Bell: Bitfarms Ltd down on Wednesday (BITF)

Bitfarms Ltd opened trading today at $4.31 and closed at $4.24. prices ranged from $4.10 to $4.32.

The price dipped -1.85% from the previous day's close of $4.32.

During the day across North America, the TSX Composite closed -0.44% at 21516.90, the S&P 500 closed 0.25% at 5487.03, the Dow Jones Industrial Average closed 0.15% at 38834.86 and the Nasdaq Composite closed 0.03% at 17862.23.

Bitfarms Ltd traded under BITF on the Toronto Stock Exchange (TSX).

A total of 2,074,108 shares was traded during the last trading day, with total trades of 3,227. On average, Bitfarms Ltd has traded 5,971,595 shares over the last 5-days and 4,206,002 year-to-date.

Trading across the entire TSX saw 2,166 price advancers against 3,011 declines and 163 unchanged.

During the prior 52 weeks, BITF.TO has traded as high as $5.25 (February 27,2024) and low as $1.26 (October 13,2023). Moreover, the shares have risen 153.89 percent in the last 52 weeks, while in 2024, they have advanced 10.13%.

Following today's trading, Bitfarms Ltd has a market capitalization of $1.78 billion on a float of 413,154 shares outstanding. Its annual EPS is $-0.40.

Bitfarms Ltd is a TSX Capital Markets company headquartered in Toronto, CAN.

Bitfarms Ltd's average recommendation is "Strong Sell" based on 0.00 analysts according to Zacks. Currently, there are for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..