Insider Selling: Bitfarms Ltd. (TSE:BITF) Senior Officer Sells 42,500 Shares of Stock July 5, 2024 by InsiderTrades.com Share Bitfarms Ltd. (TSE:BITF - Get Free Report) Senior Officer Benoit Gobeil sold 42,500 shares of Bitfarms stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of C$3.43, for a total transaction of C$145,775.00. Bitfarms Stock PerformanceShares of TSE BITF opened at C$3.33 on Friday. The company has a debt-to-equity ratio of 6.74, a current ratio of 1.88 and a quick ratio of 0.63. The firm has a market cap of C$1.25 billion, a price-to-earnings ratio of -6.05 and a beta of 3.33. The stock's fifty day moving average price is C$3.10 and its two-hundred day moving average price is C$3.30. Bitfarms Ltd. has a one year low of C$1.26 and a one year high of C$5.25. Analyst Upgrades and DowngradesSeparately, ATB Capital boosted their price objective on Bitfarms from C$5.00 to C$7.50 and gave the stock an "outperform" rating in a report on Wednesday, June 19th.Get Our Latest Report on BitfarmsBitfarms Company Profile (Get Free Report)Bitfarms Ltd. engages in the mining of cryptocurrency coins and tokens in Canada, the United States, Paraguay, and Argentina. It owns and operates server farms that primarily validates transactions on the Bitcoin Blockchain and earning cryptocurrency from block rewards and transaction fees. The company also provides electrician services to commercial and residential customers in Quebec, Canada.Featured ArticlesFive stocks we like better than BitfarmsWhat is the S&P/TSX Index?Investing in Cooling Technologies: 3 Top Stocks to Beat the Heat3 Small Caps With Big Return PotentialCelebrate July 4th with These Red, White, & Blue Chip StocksHow to Find Undervalued StocksAbbVie Stock: A Perfect Dip for Investors to BuyThis instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected]. Insider Buying or Selling at Bitfarms? Sign-up to receive InsiderTrades.com's daily insider buying and selling report for Bitfarms and related companies. 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