BTCS (OTCMKTS:BTCS) Shares Cross Above 50 Day Moving Average of $1.51

Shares of BTCS Inc. (OTCMKTS:BTCSGet Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.51 and traded as high as $1.57. BTCS shares last traded at $1.53, with a volume of 17,499 shares changing hands.

BTCS Price Performance

The company’s fifty day moving average price is $1.51 and its 200 day moving average price is $1.48. The company has a market cap of $24.03 million, a PE ratio of 2.73 and a beta of 1.64.

BTCS (OTCMKTS:BTCSGet Free Report) last posted its quarterly earnings data on Thursday, March 21st. The company reported ($0.09) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.09). BTCS had a negative net margin of 370.07% and a negative return on equity of 43.20%. The business had revenue of $0.33 million during the quarter. On average, analysts forecast that BTCS Inc. will post -0.33 EPS for the current year.

About BTCS

(Get Free Report)

BTCS Inc focuses on blockchain infrastructure and staking in the United States. The company secures blockchain-infrastructure operations and operates validator nodes on disruptive next-generation blockchain networks. It 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.

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