Bitfarms (OTCMKTS:BFARF) Stock Price Down 6.9% – Should You Sell?

Bitfarms Ltd. (OTCMKTS:BFARFGet Free Report) shares fell 6.9% on Thursday . The stock traded as low as $0.98 and last traded at $0.99. 29,857,634 shares changed hands during mid-day trading, an increase of 1,858% from the average session volume of 1,524,660 shares. The stock had previously closed at $1.06.

Bitfarms Trading Down 11.6 %

The company has a 50 day simple moving average of $1.29 and a 200-day simple moving average of $1.74.

Bitfarms Company Profile

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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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