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Needham & Company LLC downgraded Bitcoin Investment Trust (NASDAQ:GBTC) to Hold in a report released today.

Yesterday Bitcoin Investment Trust (NASDAQ: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 closing 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

Needham & Company LLC has downgraded Bitcoin Investment Trust (NASDAQ:GBTC) to Hold in a report released on 9/22/2016.

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Bitcoin Investment Trust (NASDAQ:GBTC)

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

In addition to Needham & Company LLC reporting its target price, a total of 1 broker has issued a report on the stock. The consensus target price is $60.00 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Bitcoin Investment Trust (NASDAQ:GBTC)

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