Tips For Effortless money: Bitfarms Ltd. (NASDAQ:BITF -0.19%), Ocean Power Technologies (AMEX:OPTT 10.80%)

BITF has seen its SMA50 which is now 18.78%. In looking the SMA 200 we see that the stock has seen a 28.31%.

OPTT has seen its SMA50 which is now 108.35%. In looking the SMA 200 we see that the stock has seen a 42.43%.

On 08-07-2024 (Monday), Shares of Bitfarms Ltd. (NASDAQ:BITF) encountered a difference of -0.19% after which it shut the day’ session at $2.66. The volume added 27,283,286 shares which compares with the average volume of 21.08M shares.

Bitfarms Ltd., a Canada based Company, belongs to Capital Markets sector industry. Shares of Bitfarms Ltd. was among the active stocks of the last exchanging sessions.

Unpredictability:

The stock value instability stayed at 8.09% in recent month and ranges at 8.91% for the week. The Average True Range (ATR) is also a measure of volatility is presently sitting at 0.21. The firm demonstrates the market capitalization of $1.06B.

Important Results:

Bitfarms Ltd. has P/S value of 6.37 while its P/B esteem remains at 2.60. Likewise, the company has Return on Assets of -64.74%, Return on Equity of -33.46% and Return on Investment of -28.16%.

The company demonstrates Gross Margin and Operating Margin of -14.30% and -42.72% respectively.

Forward P/E of Bitfarms Ltd. is remaining at 17.13. Forward P/E is a measure of the price-to-earnings ratio using forecasted earnings for the P/E calculation for the next fiscal year.

Technical Analysis of Bitfarms Ltd. BITF:

The stock price moved with change of 75.33% to its 50 Day low spot and changed -18.75% contrasting with its 50 Day high point. BITF stock is as of now appearing down return of 3.70% all through a week ago and saw bearish return of 6.18% in one month span. The execution of company 28.12% in three months and -9.04% throughout the previous a half year exchanging period.

Tracking the closing price and 52-week high, the current price movement shows that the stock price positioned negative when compared against the 52-week high. As close of recent trade, stock represents -31.84%move from 52-week high. Tracing the 52-week low position of the stock, we noted that the closing price represents a 189.99% higher distance from that low value. Technical analysts compare a stock’s current trading price to its 52-week range to get a broad sense of how the stock is doing, as well as how much the stock’s price has fluctuated. This information may indicate the potential future range of the stock and how volatile the shares are.

Ocean Power Technologies (AMEX:OPTT)’s Analysis & Performances to Discover

Ocean Power Technologies, belongs to Industrials sector and Specialty Industrial Machinery industry. The company’s total Outstanding Shares of 56.26M. OPTT flaunted 10.80% to reach at $0.40 during previous trading session.

The company has experienced volume of 94,760,100 shares while on average the company has a capacity of trading 25.62M share.

Observing the Technical Indicators:

Ocean Power Technologies institutional ownership is held at 5.97% while insider ownership was 5.84%. As of now, OPTT has a P/S, P/E and P/B values of 4.83, 0 and 0.94 respectively. Its P/Cash is valued at 2.57.

The Company’s net profit margin for the 12 months at -614.25%. Comparatively, the gazes have a Gross margin 37.10%.

Profitability ratios:

Looking into the profitability ratios of OPTT stock, an investor will find its ROE, ROA, ROI standing at -77.49%, -64.74% and -110.89%, respectively.

Reading RSI Indicator

Ocean Power Technologies (OPTT) attained alert from day Traders as RSI reading reached at 66.77. Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements.

Earnings per Share Details of Ocean Power Technologies:

The EPS of OPTT is strolling at -0.52, measuring its EPS growth this year at 0. As a result, the company has an EPS growth of 0 for the approaching year.

What Does the Payout Ratio Tell You?

The payout ratio is a key financial metric used to determine the sustainability of a company’s dividend payments. It is the amount of dividends paid to shareholders relative to the total net income of a company.

Formula for the Payout Ratio Is

“Payout Ratio = Dividends / Earnings”

Is It Overvalued? Look at the Payout Ratio of BITF, OPTT

The payout ratio shows the proportion of earnings paid out as dividends to shareholders, typically expressed as a percentage of the company’s earnings. The payout ratio can also be expressed as dividends paid out as a proportion of cash flow. The payout ratio is also known as the dividend payout ratio. BITF has a Payout Ratio of 0 and OPTT has a Payout Ratio of 0.

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