Closing Bell: Bitfarms Ltd down on Tuesday (BITF)

Bitfarms Ltd opened trading today at $2.89 and closed at $2.83. Intraday prices ranged from a low of $2.71 to a high of $2.89.

The price shrank -6.60% from the previous day's close of $3.03.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -3.00% at 5186.33, the Dow Jones Industrial Average closed -2.60% at 38703.27 and the Nasdaq Composite closed -3.43% at 16200.08.

Bitfarms Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker BITF.

A total of 3,704,709 shares was traded during the last trading day, with total trades of 4,209. On average, Bitfarms Ltd has traded 3,504,723 shares in the last five days and 4,089,763 year-to-date.

Trading across the entire TSX saw 3,772 price advancers against 1,443 declines and 86 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 jumped 34.12 percent in 52 weeks, while they have shrunken -26.49% this year.

Following today's trading, Bitfarms Ltd has a market capitalization of $1.37 billion on a float of 451,286 shares outstanding. Its annual EPS is $-0.40.

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

Based on 0.00 analysts, Bitfarms Ltd gets an average recommendation of "Strong Sell" according to Zacks. From those 0 analysts,.

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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..