Closing Bell: Bitfarms Ltd down on Wednesday (BITF)

In today's trading, Bitfarms Ltd stock opened at $2.90 and closed at $2.60. prices ranged from $2.58 to $2.93.

Shares dipped -8.13 percent from the previous day's close of $2.83.

Today across North America, the TSX Composite closed -0.45% at 21880.95, the S&P 500 closed -0.77% at 5199.50, the Dow Jones Industrial Average closed -0.60% at 38763.45 and the Nasdaq Composite closed 1.03% at 16366.85.

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

A total of 3,784,599 shares was traded during the last trading day, with total trades of 4,167, while having an average volume of 3,859,069 in the last five days.

The TSX overall saw 1,858 price advancers against 3,319 declines and 108 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 boosted 23.22% in the last 52 weeks, while this year, they have reduced -32.47%.

Following today's trading, Bitfarms Ltd has a market capitalization of $1.28 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.

Bitfarms Ltd is holding an average recommendation of "Strong Sell" from 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..