American Bitcoin (NASDAQ:ABTC – Get Free Report) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research note issued to investors on Saturday.
American Bitcoin Stock Up 2.5%
American Bitcoin stock opened at $4.86 on Friday. The company has a fifty day simple moving average of $6.20 and a 200-day simple moving average of $5.78. The firm has a market capitalization of $80.48 million, a price-to-earnings ratio of -10.80 and a beta of 3.84. American Bitcoin has a 52-week low of $0.63 and a 52-week high of $14.65.
American Bitcoin (NASDAQ:ABTC – Get Free Report) last posted its quarterly earnings results on Thursday, August 14th. The company reported ($0.35) earnings per share for the quarter. The firm had revenue of $1.38 million for the quarter. On average, research analysts anticipate that American Bitcoin will post -0.76 EPS for the current fiscal year.
Institutional Trading of American Bitcoin
About American Bitcoin
Gryphon Digital Mining is an innovative venture in the bitcoin space. Gryphon Digital Mining, formerly known as Akerna Corp., is based in DENVER.
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