Could BTCS Inc (BTCS) stock price achieve new all-time highs if its expected earnings and revenue increase?

In yesterday’s Wall Street session, BTCS Inc (NASDAQ:BTCS) shares traded at $3.57, up 33.21% from the previous session.

BTCS stock price is now 17.80% away from the 50-day moving average and 99.13% away from the 200-day moving average. The market capitalization of the company currently stands at $67.83M.

In other news, Pump Melanie, Director sold 22,000 shares of the company’s stock on Nov 25 ’24. The stock was sold for $76,780 at an average price of $3.49. Upon completion of the transaction, the Director now directly owns 38,735 shares in the company, valued at $0.14 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 22 ’24, Director Melanie Pump bought 22,000 shares of the business’s stock. A total of $71,720 was incurred on buying the stock at an average price of $3.26. A total of 43.19% 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 $5.41. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 19.76, and a quick ratio of 19.76. The fifty day moving average price for BTCS is $3.0305 and a two-hundred day moving average price translates $1.792825 for the stock.

The latest earnings results from BTCS Inc (NASDAQ: BTCS) was released for 2024-06-30. The net profit margin was 366.73% and return on equity was 43.89% for BTCS. The company reported revenue of $0.74 million for the quarter, compared to $0.32 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 133.86 percent.

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