Bitfarms (TSE:BITF) Insider Sells C$183,400.00 in Stock

Bitfarms Ltd. (TSE:BITF) insider Guillaume Reeves sold 35,000 shares of Bitfarms stock in a transaction that occurred on Wednesday, October 8th. The shares were sold at an average price of C$5.24, for a total transaction of C$183,400.00.

Bitfarms Stock Performance

Bitfarms stock opened at C$5.86 on Monday. The company has a 50 day moving average price of C$2.85 and a 200-day moving average price of C$1.87. The company has a debt-to-equity ratio of 4.68, a quick ratio of 0.63 and a current ratio of 3.70. Bitfarms Ltd. has a fifty-two week low of C$0.96 and a fifty-two week high of C$7.12. The company has a market capitalization of C$3.24 billion, a PE ratio of -36.63 and a beta of 5.12.

Bitfarms Company Profile

Bitfarms is a global, publicly traded (NASDAQ/TSX: BITF) Bitcoin mining company. Bitfarms develops, owns, and operates vertically integrated mining farms with in-house management and company-owned electrical engineering, installation service, and multiple onsite technical repair centers. The Companyâ¿¿s proprietary data analytics system delivers best-in-class operational performance and uptime.Bitfarms currently has 10 farms, which are located in four countries: Canada, the United States, Paraguay, and Argentina.