BTC Digital Ltd. (NASDAQ:BTCT – Get Free Report) traded down 7.1% during mid-day trading on Wednesday . The company traded as low as $1.24 and last traded at $1.2450. 361,909 shares were traded during trading, an increase of 27% from the average session volume of 285,057 shares. The stock had previously closed at $1.34.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised BTC Digital to a “hold” rating in a report on Monday, May 18th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce”.
View Our Latest Stock Analysis on BTC Digital
BTC Digital Price Performance
BTC Digital (NASDAQ:BTCT – Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported ($0.21) EPS for the quarter. The company had revenue of $4.16 million for the quarter.
About BTC Digital
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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