BTCS (OTCMKTS:BTCS) Shares Cross Below 200-Day Moving Average of $1.44

BTCS Inc. (OTCMKTS:BTCS)’s share price passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $1.44 and traded as low as $1.11. BTCS shares last traded at $1.11, with a volume of 39,964 shares.

BTCS Price Performance

The firm has a fifty day moving average of $1.32 and a 200 day moving average of $1.44. The stock has a market capitalization of $19.47 million, a price-to-earnings ratio of 0.93 and a beta of 1.52.

BTCS (OTCMKTS:BTCS) last issued its quarterly earnings data on Monday, August 19th. The company reported ($0.04) EPS for the quarter, hitting analysts’ consensus estimates of ($0.04). BTCS had a negative net margin of 370.07% and a negative return on equity of 43.20%. The business had revenue of $0.56 million for the quarter, compared to analysts’ expectations of $0.40 million. Research analysts predict that BTCS Inc. will post -0.33 EPS for the current year.

BTCS Company Profile

BTCS Inc focuses on blockchain infrastructure and staking in the United States. The company secures blockchain-infrastructure operations and operates validator nodes on disruptive next-generation blockchain networks. It offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms.