Bit Digital Stock Analysis

Bit Stock Analysis Notes

About 50.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 0.76. Some equities with similar Price to Book (P/B) outperform the market in the long run. Bit Digital had not issued any dividends in recent years. Bit Digital, Inc., together with its subsidiaries, engages in the bitcoin mining business. Bit Digital, Inc. was incorporated in 2017 and is headquartered in New York, New York. Bit Digital operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 12 people. For more info on Bit Digital please contact the company at 212 463 5121 or go to https://www.bit-digital.com.

Bit Digital Investment Alerts

Bit Largest EPS Surprises

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Bit Digital Environmental, Social, and Governance (ESG) Scores

Bit Stock Institutional Investors

Note, although Bit Digital's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Bit Market Capitalization

The company currently falls under 'Small-Cap' category with a current market capitalization of 673.24 M.

Bit Profitablity

The company has Profit Margin (PM) of 1.3 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 4.71 %, which suggests for every 100 dollars of sales, it generated a net operating income of $4.71.

Management Efficiency

Bit Digital has return on total asset (ROA) of 0.1063 % which means that it generated a profit of $0.1063 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1953 %, meaning that it created $0.1953 on every $100 dollars invested by stockholders. Bit Digital's management efficiency ratios could be used to measure how well Bit Digital manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to gain to 0.07 in 2026. Return On Capital Employed is likely to gain to 0.07 in 2026. Total Current Liabilities is likely to gain to about 66.4 M in 2026. Liabilities And Stockholders Equity is likely to gain to about 649.9 M in 2026

Technical Drivers

As of the 28th of January, Bit Digital shows the Mean Deviation of 3.93, standard deviation of 4.85, and Risk Adjusted Performance of (0.08). Bit Digital technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices.

Bit Digital Price Movement Analysis

Bit Digital Insider Trading Activities

Bit Digital Outstanding Bonds

Bit Digital Predictive Daily Indicators

Bit Digital Forecast Models

Bit Digital's time-series forecasting models are one of many Bit Digital's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Bit Digital's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Bit Digital Debt to Cash Allocation

Bit Digital currently holds 13.81 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Bit Digital has a current ratio of 18.77, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Bit Digital's use of debt, we should always consider it together with its cash and equity.

Bit Digital Total Assets Over Time

Bit Digital Assets Financed by Debt

The debt-to-assets ratio shows the degree to which Bit Digital uses debt to finance its assets. It includes both long-term and short-term borrowings maturing within one year. It also includes both tangible and intangible assets, such as goodwill.

Bit Digital Debt Ratio

1.78

It appears most of the Bit Digital's assets are financed through equity. Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Bit Digital's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Bit Digital, which in turn will lower the firm's financial flexibility.

Bit Digital Corporate Bonds Issued

Bit Net Debt

Stock analysis is the technique used by a trader or investor to examine and evaluate how Bit Digital prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Bit shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Bit Digital. By using and applying Bit Stock analysis, traders can create a robust methodology for identifying Bit entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Bit analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Bit analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

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When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.