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Bitcoin Investment Trust (OTCMKTS:GBTC) target price raised to $848.00, reported today by Needham

Yesterday Bitcoin Investment Trust (OTCMKTS:GBTC) traded 3.62% higher at $93.00. The company’s 50-day moving average is $90.38 and its 200-day moving average is $83.98. The last stock close price is up 10.75% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 3,018 shares of the stock were exchanged, down from an average trading volume of 7,688

Bitcoin Investment Trust (OTCMKTS:GBTC) had its target price raised to $848.00 by Needham in a report released 9/22/2016. The new target price indicates a possible upside of 8.12% based on the company's last stock close price.

See Chart Below

Bitcoin Investment Trust (OTCMKTS:GBTC)

Bitcoin Investment Trust has a 52 week low of $26.01 and a 52 week high of $144.00 Bitcoin Investment Trust’s market capitalization is currently $0.

In addition to Needham reporting its stock price target, a total of 1 analyst has released a research note on Bitcoin Investment Trust. The 12-month price target is $60.00 with one analyst rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and lastly zero equity analysts rating the company a sell.

Brief Synopsis About Bitcoin Investment Trust (OTCMKTS:GBTC)

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