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Bitfarms Ltd (BITF) Up 7.69% in Premarket Trading

Friday, December 01, 2023 06:42 AM | InvestorsObserver Analysts

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Bitfarms Ltd (BITF) Up 7.69% in Premarket Trading

Bitfarms Ltd (BITF) has gained Friday morning, with the stock increasing 7.69% in pre-market trading to 1.54. BITF's short-term technical score of 67 indicates that the stock has traded more bullishly over the last month than 67% of stocks on the market. In the Capital Markets industry, which ranks 32 out of 146 industries, the stock ranks higher than 63% of stocks. Bitfarms Ltd has risen 36.19% over the past month, closing at $1.17 on November 3. During this period of time, the stock fell as low as $1.06 and as high as $1.55. BITF has an average analyst recommendation of Strong Buy. The company has an average price target of $2.94.

Overall Score - 77
BITF has an Overall Score of 77. Find out what this means to you and get the rest of the rankings on BITF!
Bitfarms Ltd has a Long-Term Technical rank of 77. This means that trading over the last 200 trading days has placed the company in the upper half of stocks with 23% of the market scoring higher. In the Capital Markets industry which is number 44 by this metric, BITF ranks better than 44% of stocks.

Important Dates for Investors in BITF:

-Bitfarms Ltd is set to release earnings on 2024-02-04. Over the last 12 months, the company has reported EPS of $-1.11. -We do not have a set dividend date for Bitfarms Ltd at this time. Click Here To Get The Full Report on Bitfarms Ltd (BITF)

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