Btcs Inc Stock Today
| BTCS Stock | USD 1.49 0.04 2.61% |
Performance2 of 100
| Odds Of DistressLess than 5
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BTCS is selling for under 1.49 as of the 25th of April 2024; that is -2.61 percent decrease since the beginning of the trading day. The stock's lowest day price was 1.43. BTCS has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat weak performance during the last 90 days. Equity ratings for BTCS Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Financial Services | IPO Date 5th of March 2014 | Classification Financials |
BTCS Inc. focuses on digital assets and blockchain technologies. BTCS Inc. was founded in 2013 and is based in Silver Spring, Maryland. BTCS INC operates under Capital Markets classification in the United States and is traded on NASDAQ Exchange. It employs 4 people. The company has 15.69 M outstanding shares of which 138.5 K shares are currently shorted by private and institutional investors with about 0.57 trading days to cover. More on BTCS Inc
Follow Valuation Profit Patterns Odds of Bankruptcy
Financial Report 20th of May 2024
BTCS Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. BTCS's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding BTCS or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and CFO | Charles Allen | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Asset Management & Custody Banks, Financial Services, NASDAQ Composite, Financials, Capital Markets, Capital Markets, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering BTCS report their recommendations after researching BTCS's financial statements, talking to executives and customers, or listening in on BTCS's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering BTCS Inc. The BTCS consensus assessment is calculated by taking the average forecast from all of the analysts covering BTCS. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to BTCS's liquidity, profitability, solvency, and operating efficiency, BTCS Inc is doing better financially then in previous quarter. It has a moderate probability of reporting better financial numbers in May. Financial strength of BTCS Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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BTCS's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to BTCS's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand BTCS's financial leverage. It provides some insight into what part of BTCS's total assets is financed by creditors.
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BTCS Inc (BTCS) is traded on NASDAQ Exchange in USA. It is located in 9466 Georgia Avenue, Silver Spring, MD, United States, 20910 and employs 5 people. BTCS is listed under Asset Management & Custody Banks category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 24.01 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BTCS's market, we take the total number of its shares issued and multiply it by BTCS's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. BTCS Inc conducts business under Capital Markets sector and is part of Financials industry. The entity has 15.69 M outstanding shares of which 138.5 K shares are currently shorted by private and institutional investors with about 0.57 trading days to cover.
BTCS Inc currently holds about 3.19 M in cash with (3.54 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.25.
Check BTCS Probability Of Bankruptcy
Ownership AllocationBTCS Inc shows a total of 15.69 Million outstanding shares. BTCS Inc shows substantial amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check BTCS Ownership Details
BTCS Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of BTCS jumping above the current price in 90 days from now is about 70.31%. The BTCS Inc probability density function shows the probability of BTCS stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.8353 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, BTCS will likely underperform. Additionally, bTCS Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of BTCS to move above the current price in 90 days from now is about 70.31 (This BTCS Inc probability density function shows the probability of BTCS Stock to fall within a particular range of prices over 90 days) .
BTCS Stock Institutional Holders
Institutional Holdings refers to the ownership stake in BTCS that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of BTCS's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing BTCS's value.| Instituion | Recorded On | Shares | |
| Main Street Group Ltd | 2023-12-31 | 100.0 | |
| Ronald Blue Trust, Inc. | 2023-12-31 | 79.0 | |
| Wells Fargo & Co | 2023-12-31 | 71.0 | |
| Bank Of America Corp | 2023-12-31 | 59.0 | |
| Advisornet Financial, Inc | 2023-12-31 | 50.0 | |
| Newbridge Financial Services Group, Inc. | 2023-12-31 | 20.0 | |
| Advisor Group Holdings, Inc. | 2023-12-31 | 18.0 | |
| Jpmorgan Chase & Co | 2023-12-31 | 12.0 | |
| Fmr Inc | 2023-12-31 | 7.0 | |
| Vanguard Group Inc | 2023-12-31 | 368 K | |
| Geode Capital Management, Llc | 2023-12-31 | 76.2 K |
BTCS Historical Income Statement
BTCS Inc Income Statement is one of the three primary financial statements used for reporting BTCS's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of BTCS Inc revenue and expense. BTCS Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, BTCS's Income Before Tax is comparatively stable compared to the past year. Net Income is likely to gain to about 8.2 M in 2024, whereas Other Operating Expenses is likely to drop slightly above 4.7 M in 2024. View More FundamentalsBTCS Stock Against Markets
Picking the right benchmark for BTCS stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in BTCS stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for BTCS is critical whether you are bullish or bearish towards BTCS Inc at a given time. Please also check how BTCS's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in BTCS without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy BTCS Stock?
Before investing in BTCS, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in BTCS. To buy BTCS stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of BTCS. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase BTCS stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located BTCS Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased BTCS Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as BTCS Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy BTCS Stock please use our How to Invest in BTCS guide.
Already Invested in BTCS Inc?
The danger of trading BTCS Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BTCS is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BTCS. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BTCS Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BTCS Inc is a strong investment it is important to analyze BTCS's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BTCS's future performance. For an informed investment choice regarding BTCS Stock, refer to the following important reports: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BTCS Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the BTCS Inc information on this page should be used as a complementary analysis to other BTCS's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for BTCS Stock analysis
When running BTCS's price analysis, check to measure BTCS's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BTCS is operating at the current time. Most of BTCS's value examination focuses on studying past and present price action to predict the probability of BTCS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BTCS's price. Additionally, you may evaluate how the addition of BTCS to your portfolios can decrease your overall portfolio volatility.
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Is BTCS's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BTCS. If investors know BTCS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BTCS listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 0.55 | Revenue Per Share 0.095 | Quarterly Revenue Growth 0.204 | Return On Assets (0.13) | Return On Equity 0.4405 |
The market value of BTCS Inc is measured differently than its book value, which is the value of BTCS that is recorded on the company's balance sheet. Investors also form their own opinion of BTCS's value that differs from its market value or its book value, called intrinsic value, which is BTCS's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BTCS's market value can be influenced by many factors that don't directly affect BTCS's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BTCS's value and its price as these two are different measures arrived at by different means. Investors typically determine if BTCS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BTCS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.