Shares of Bit Brother Limited (BTB) Fall Below Previous 52-Week Low

July 19, 2021 11:08:33

Bit Brother Limited (NASDAQ:BTB) traded at a new 52-week low today of $0.87. So far today approximately 3.8 million shares have been exchanged, as compared to an average 30-day volume of 1.6 million shares.

Bit Brother Limited share prices have moved between a 52-week high of $6.69 and the current low of $0.87 and are currently at $0.92 per share.

Based on a current price of $0.92, Bit Brother Limited is currently 50.2% above its average consensus analyst price target of $0.46.

Bit Brother Ltd formerly Urban Tea Inc through its subsidiary is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. The tea-based beverages include fresh milk tea, fruit tea, and milk cap tea. The light meals include salads, sandwiches, pasta, steak, burritos and other healthy options. The pastries include fresh baked bread, fresh baked cakes, and frosting cakes. Its brands include Buoyance Manor and Your Ladyship Tea. The revenue is generated from the stores operated by the company.

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