- Bitfarms Ltd. (NASDAQ:BITF) has characteristics which have been historically associated with poor future stock performance. BITF has inferior profitability and negative EPS revisions when compared to other Information Technology stocks, to the point that it gets a Sell rating from our Quant rating system. Stocks rated Sell or worse by our Quant rating system have massively underperformed the S&P 500, as this article will describe.
- The company has Gross Profit Margin (TTM) of -6.69% while the Information Technology sector median is 49.59%.
- Due to these factors our quant model has rated Bitfarms Ltd. as Sell and the company has an overall rank of 448 out of 2132 in the Information Technology sector. Compared to the S&P 500, stocks rated Sell or worse were down 20% on average per year over the last 10 years.
- If you are looking for alternatives to Bitfarms Ltd. (NASDAQ:BITF) see our top rated Information Technology sector stocks by quant rating. Our top rated stocks have beaten the S&P 500 by 1300% over the last 10 years.
- The Sell warnings are based on our Quant Ratings, a systematic quantitative model which generates Seeking Alpha’s Sell ratings. For information about Quant Ratings, backtesting and its limitations, please read more here.
{{ratings_table}}
{{quant_chart}}