<div id="readability-page-1"><p>BTCS Inc. (NASDAQ:BTCS - Get Free Report) was down 9% during mid-day trading on Friday . The stock traded as low as $3.23 and last traded at $3.23. Approximately 1,194,318 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 1,318,017 shares. The stock had previously closed at $3.55.</p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>5 crypto penny stocks under $5</li></ul><p>A number of equities research analysts recently weighed in on BTCS shares. HC Wainwright boosted their price target on shares of BTCS from $5.00 to $7.00 and gave the stock a &#34;buy&#34; rating in a research note on Friday, August 15th. Weiss Ratings  reaffirmed a &#34;hold (c)&#34; rating on shares of BTCS in a report on Monday. Finally, Zacks Research raised BTCS from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 11th. One equities research analyst  has rated the stock with a Buy rating and two have assigned  a Hold rating to the company's stock. According to data from MarketBeat.com, BTCS presently has an average rating of &#34;Hold&#34; and a consensus price target of $7.00.</p><p><b>Get Our Latest Stock Report on BTCS</b></p><h2>BTCS Stock Performance</h2><p>The company has a quick ratio of 4.78, a current ratio of 4.78 and a debt-to-equity ratio of 0.05. The stock has a market cap of $151.29 million, a price-to-earnings ratio of 4.49 and a beta of 1.55. The stock's fifty day moving average is $3.66 and its 200-day moving average is $3.89. </p><p>BTCS (NASDAQ:BTCS - Get Free Report) last announced its quarterly earnings results on Thursday, November 13th. The company reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.02) by ($0.13). BTCS had a negative return on equity of 25.01% and a net margin of 464.44%.The firm had revenue of $4.94 million for the quarter, compared to the consensus estimate of $3.00 million.  On average, analysts forecast that  BTCS Inc. will post -0.08 EPS for the current year. </p><h2>BTCS Announces Dividend</h2><p>The firm also recently announced a  dividend, which was paid on Friday, October 17th. Shareholders of record on Friday, September 26th were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, September 26th. BTCS's payout ratio is presently 6.94%. </p><h2>Insider Activity</h2><p>In related news, CEO Charles W. Allen acquired 67,501 shares of the stock in a transaction dated Wednesday, November 19th. The stock was bought at an average price of $2.89 per share, with a total value of $195,077.89. Following the completion of the transaction, the chief executive officer directly owned 4,666,506 shares of the company's stock, valued at approximately $13,486,202.34. The trade was a 1.47% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through the SEC website. Insiders bought 90,500 shares of company stock valued at $261,425 in the last ninety days. 42.80% of the stock is owned by corporate insiders. </p><h2>Institutional Trading of BTCS</h2><p>A number of institutional investors have recently made changes to their positions in BTCS. Geode Capital Management LLC grew its position in  BTCS by 2.8% in the second quarter. Geode Capital Management LLC now owns 117,717 shares of the company's stock valued at $259,000 after purchasing an additional 3,172 shares in the last quarter.  DLK Investment Management LLC lifted its position in  BTCS by 13.3% during the 2nd quarter. DLK Investment Management LLC now owns 32,392 shares of the company's stock worth $71,000 after buying an additional 3,792 shares in the last quarter.  Bank of America Corp DE boosted its stake in shares of  BTCS by 1,856.8% during the 3rd quarter. Bank of America Corp DE now owns 10,880 shares of the company's stock worth $53,000 after buying an additional 10,324 shares during the last quarter.  SG Americas Securities LLC bought a new position in shares of  BTCS in the 3rd quarter valued at about $53,000.  Finally, Nomura Holdings Inc. acquired a new stake in shares of  BTCS in the third quarter valued at about $58,000. Institutional investors own  3.48% of the company's stock. </p><h2>About BTCS</h2> (Get Free Report)<p>BTCS Inc operates in blockchain technology sector the United States. Its blockchain-infrastructure secures and operates validator nodes on disruptive blockchain networks, as well as validates transactions for crypto holding delegations on dPoS blockchains. The company offers StakeSeeker, a cryptocurrency dashboard and staking-as-a-service platform that allows crypto asset holders to earn rewards by participating in network consensus mechanisms; and Builder+, a Ethereum block builder offered to maximize validator earnings by utilizing algorithms to construct optimized blocks for on-chain validation.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than BTCS</li><li>Insider Buying Explained: What Investors Need to Know</li><li>Synopsys Sees Bullish Shift as Ansys Integration Drives Growth</li><li>What is a SEC Filing?</li><li>The Best Holiday Present You Can Give Yourself? Costco Stock</li><li>3 Dividend Kings To Consider</li><li>Why Zscaler Stock Could Be Ready to Bounce After a 30% Selloff</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in BTCS Right Now?</h2><p>Before you consider BTCS, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BTCS wasn't on the list.</p><p>While BTCS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

BTCS

<p>BTCS Inc. (NASDAQ:BTCS) shares fell 9% during mid-day trading, closing at $3.23. Analysts have mixed ratings, with a consensus price target of $7.00. The company reported a quarterly loss, missing estimates, but announced a dividend. CEO Charles Allen increased his stock holdings. Institutional investors adjusted their positions, with Geode Capital and others increasing their stakes. BTCS operates in blockchain technology, offering services like StakeSeeker and Builder+. Insiders own 42.80% of the stock.</p>

BTCS (NASDAQ:BTCS) Trading Down 9% - Here's Why