BTCS (NASDAQ:BTCS – Get Free Report) is expected to post its quarterly earnings results 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 Trading Up 2.1 %
Shares of BTCS stock opened at $1.91 on Tuesday. The business’s 50 day moving average is $2.60 and its two-hundred day moving average is $2.28. BTCS has a twelve month low of $0.95 and a twelve month high of $5.41. The company has a market capitalization of $32.52 million, a P/E ratio of 4.66 and a beta of 3.05.
Analyst Upgrades and Downgrades
Separately, HC Wainwright lifted their target price on BTCS from $3.00 to $5.00 and gave the company 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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