In a report released today, Joe Gomes from Noble Financial maintained a Buy rating on Bit Digital (BTBT – Research Report), with a price target of $4.50. The company’s shares closed yesterday at $2.17.
Gomes covers the Industrials sector, focusing on stocks such as Orion Group Holdings, CoreCivic, and DLH Holdings. According to TipRanks, Gomes has an average return of 6.5% and a 44.08% success rate on recommended stocks.
Currently, the analyst consensus on Bit Digital is a Moderate Buy with an average price target of $5.25.
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The company has a one-year high of $5.27 and a one-year low of $1.25. Currently, Bit Digital has an average volume of 9.72M.
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Bit Digital (BTBT) Company Description:
Golden Bull Ltd. is an online finance marketplace lending company, which engages in the provision of short-term loans. Through its online marketplace, the company connects individual lenders with individual and small business borrowers. The company was founded by Er Xin Zeng in November 2015 and is headquartered in Shanghai, China.
Read More on BTBT:
- Bit Digital Reports Strong Growth and Sustainability Focus
- Bit Digital, Inc. Announces Fiscal Year 2023 Financial Results
- Options Volatility and Implied Earnings Moves Today, March 18, 2024
- Options Volatility and Implied Earnings Moves This Week, March 18 – March 21, 2024
- BTBT Earnings Report this Week: Is It a Buy, Ahead of Earnings?
