Should You Accumulate Bitfarms Ltd (BITF) Stock Monday Morning?

Bitfarms Ltd (BITF) has risen Monday morning, with the stock adding 4.24% in pre-market trading to 1.23. BITF's short-term technical score of 74 indicates that the stock has traded more bullishly over the last month than 74% of stocks on the market. In the Capital Markets industry, which ranks 31 out of 146 industries, Bitfarms Ltd ranks higher than 64% of stocks. Bitfarms Ltd has risen 15.69% over the past month, closing at $1.13 on October 23. During this period of time, the stock fell as low as $1.05 and as high as $1.36. BITF has an average analyst recommendation of Strong Buy. The company has an average price target of $2.94.

BITF has an Overall Score of 68. Find out what this means to you and get the rest of the rankings on BITF!

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Bitfarms Ltd has a Long-Term Technical rank of 41. This means that trading over the last 200 trading days has placed the company in the lower half of stocks with 59% of the market scoring higher. In the Capital Markets industry which is number 45 by this metric, BITF ranks better than 45% 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)