BTCS (NASDAQ:BTCS – Get Free Report) is expected to be releasing its earnings data before the market opens on Thursday, March 20th. Analysts expect BTCS to post earnings of ($0.05) per share and revenue of $2.20 million for the quarter.
BTCS Stock Up 2.1 %
NASDAQ:BTCS opened at $1.91 on Tuesday. The stock’s 50 day moving average price is $2.60 and its 200 day moving average price is $2.28. The company has a market capitalization of $32.52 million, a PE ratio of 4.66 and a beta of 3.05. BTCS has a 52-week low of $0.95 and a 52-week high of $5.41.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright raised their price target on BTCS from $3.00 to $5.00 and gave the stock a “buy” rating in a research note on Tuesday, December 24th.
About BTCS
BTCS Inc operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company 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; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.
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