Brian Howlett Sells 30,000 Shares of Bitfarms Ltd. (TSE:BITF) Stock

Bitfarms Ltd. (TSE:BITF) Director Brian Howlett sold 30,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of C$2.44, for a total value of C$73,200.00.

Brian Howlett also recently made the following trade(s):

• On Friday, September 27th, Brian Howlett acquired 4,500 shares of Bitfarms stock. The shares were bought at an average price of C$3.01 per share, for a total transaction of C$13,545.00.

Bitfarms Trading Down 0.4 %

TSE:BITF opened at C$2.43 on Friday. Bitfarms Ltd. has a 52 week low of C$2.12 and a 52 week high of C$5.25. The firm has a 50-day moving average price of C$2.89 and a two-hundred day moving average price of C$3.11. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.63 and a current ratio of 5.11. The firm has a market cap of C$1.10 billion, a price-to-earnings ratio of -4.86 and a beta of 3.20.

Wall Street Analysts Forecast Growth

Separately, ATB Capital lowered their target price on shares of Bitfarms from C$7.00 to C$6.50 in a report on Thursday, November 14th.

Bitfarms Company Profile

Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.