Bit Origin (NASDAQ:BTOG) Upgraded by Wall Street Zen to “Hold” Rating

Bit Origin (NASDAQ:BTOG) was upgraded by analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Bit Origin in a report on Monday, December 22nd. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of “Sell”.

Bit Origin Price Performance

BTOG opened at $4.04 on Friday. Bit Origin has a 12 month low of $3.39 and a 12 month high of $60.60. The stock has a fifty day moving average price of $11.19 and a 200-day moving average price of $19.89.

Bit Origin Company Profile

Bit Origin Ltd, through its subsidiaries, engages in the cryptocurrency mining business in the United States. It is also involved in deploying blockchain technologies. The company was formerly known as China Xiangtai Food Co, Ltd. and changed its name to Bit Origin Ltd in April 2022. Bit Origin Ltd was incorporated in 2018 and is based in Singapore, Singapore.