BTCS Inc. (OTCMKTS:BTCS – Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $1.18 and traded as high as $1.30. BTCS shares last traded at $1.28, with a volume of 294,751 shares.
BTCS Stock Performance
The firm has a fifty day simple moving average of $1.18 and a 200 day simple moving average of $1.41. The company has a market capitalization of $20.10 million, a PE ratio of 0.99 and a beta of 1.52.
BTCS (OTCMKTS:BTCS – Get Free Report) last announced its earnings results on Monday, August 19th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the consensus estimate of ($0.04). The business had revenue of $0.56 million for the quarter, compared to analysts’ expectations of $0.40 million. BTCS had a negative return on equity of 43.20% and a negative net margin of 370.07%. Research analysts expect that BTCS Inc. will post -0.33 EPS for the current fiscal year.
About BTCS
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.
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