In yesterday’s Wall Street session, BTCS Inc (NASDAQ:BTCS) shares traded at $4.17, up 44.79% from the previous session.
BTCS stock price is now 220.60% away from the 50-day moving average and 187.92% away from the 200-day moving average. The market capitalization of the company currently stands at $69.04M.
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In other news, Pump Melanie, Director sold 14,998 shares of the company’s stock on Jun 05 ’24. The stock was sold for $23,397 at an average price of $1.56. Upon completion of the transaction, the Director now directly owns 37,414 shares in the company, valued at $0.16 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 06 ’24, Director Pump Melanie sold 6,641 shares of the business’s stock. A total of $10,294 was realized by selling the stock at an average price of $1.55. This leaves the insider owning 30,773 shares of the company worth $0.13 million. A total of 44.29% of the company’s stock is owned by insiders.
During the past 12 months, BTCS Inc has had a low of $0.95 and a high of $4.41. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 47.45, and a quick ratio of 47.45. The fifty day moving average price for BTCS is $1.3007 and a two-hundred day moving average price translates $1.4483 for the stock.
The latest earnings results from BTCS Inc (NASDAQ: BTCS) was released for 2024-06-30. The net profit margin was 992.82% and return on equity was 75.63% for BTCS. The company reported revenue of $0.56 million for the quarter, compared to $0.39 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 45.34 percent.
