Shares of Bitfarms Ltd. (OTCMKTS:BFARF – Get Free Report) were down 2.7% during mid-day trading on Thursday . The company traded as low as $1.91 and last traded at $2.01. Approximately 11,665,355 shares traded hands during trading, an increase of 665% from the average daily volume of 1,524,660 shares. The stock had previously closed at $2.06.
Bitfarms Stock Performance
The business has a 50-day simple moving average of $2.47 and a 200-day simple moving average of $2.14.
About Bitfarms
Bitfarms Ltd., a blockchain infrastructure company, mines for cryptocurrency coins and tokens in North America. The company owns and operates server farms comprising computers that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees.
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