|Bid||212.20 x 1100|
|Ask||212.40 x 4000|
|Day's range||205.90 - 215.00|
|52-week range||32.33 - 215.00|
|Beta (5Y monthly)||2.68|
|PE ratio (TTM)||322.49|
|Earnings date||24 Feb 2021 - 01 Mar 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||183.83|
Square (SQ) signs a definitive agreement to acquire Credit Karma Tax, which is likely to expand its reach to tax-payers.
Through the end of November, Square stock was up nearly 250% in 2020, and the company had a market cap of $94 billion. Through the first nine months of the year, Square's bitcoin revenue was $2.82 billion, compared with just $339 million in the same period of 2019. Bitcoin doesn't generate profit for Square, but it does encourage more frequent use of its Cash App -- which is quickly growing both the top and bottom lines for Square.
The "Big Three" of crypto have gained between 187% and 356% over the past eight months. Is this sustainable?