Bitfarms (TSE:BITF) Insider Marc-Andr� Ammann Sells 70,000 Shares

Bitfarms Ltd. (TSE:BITF) insider Marc-Andr� Ammann sold 70,000 shares of the stock in a transaction on Wednesday, October 8th. The shares were sold at an average price of C$5.20, for a total value of C$364,000.00.

Marc-Andr� Ammann also recently made the following trade(s):

• On Friday, October 3rd, Marc-Andr� Ammann sold 52,500 shares of Bitfarms stock. The shares were sold at an average price of C$4.27, for a total transaction of C$224,175.00.

Bitfarms Trading Down 0.2%

Shares of BITF opened at C$5.86 on Friday. Bitfarms Ltd. has a twelve month low of C$0.96 and a twelve month high of C$7.12. The company has a quick ratio of 0.63, a current ratio of 3.70 and a debt-to-equity ratio of 4.68. The stock has a market cap of C$3.24 billion, a PE ratio of -36.63 and a beta of 5.12. The business’s 50-day moving average price is C$2.85 and its 200-day moving average price is C$1.86.

Bitfarms Company Profile

Bitfarms is a global, publicly traded (NASDAQ/TSX: BITF) Bitcoin mining company. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Companyâ¿¿s proprietary data analytics system delivers best-in-class operational performance and uptime.Bitfarms currently has 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.