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Closing Bell: Bitfarms Ltd down on Friday (BITF)

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Today in trading, Bitfarms Ltd shares closed at $3.03 after opening the day at $3.30. prices ranged from $2.98 to $3.38.

Share prices dipped -11.92 percent from the previous day's close of $3.44.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

Bitfarms Ltd traded under BITF on the Toronto Stock Exchange (TSX).

Trading volume was 4,012,468 on 4,955 total trades. On average, Bitfarms Ltd has traded 3,812,438 shares over 5 days and 4,092,330 year-to-date.

The TSX overall saw 432 price advancers against 4,843 declines and 43 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 advanced 31.74% in 52 weeks, while they have shrunken -21.30% year-to-date.

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.

Currently, Bitfarms Ltd's consensus rating is "Strong Sell" based on 0 analysts according to Zacks. From those 0 analysts,.

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..