BTC Digital (NASDAQ:BTCT) Trading Up 3.5% – Here’s What Happened

BTC Digital Ltd. (NASDAQ:BTCTGet Free Report)’s share price was up 3.5% during mid-day trading on Thursday . The stock traded as high as $1.20 and last traded at $1.17. Approximately 57,860 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 79,237 shares. The stock had previously closed at $1.13.

BTC Digital Price Performance

The firm’s fifty day moving average price is $1.23 and its 200-day moving average price is $1.50. The firm has a market capitalization of $10.57 million, a P/E ratio of -0.93 and a beta of 5.49.

BTC Digital (NASDAQ:BTCTGet Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported ($0.21) earnings per share (EPS) for the quarter. The firm had revenue of $4.16 million for the quarter.

About BTC Digital

(Get Free Report)

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.

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