In the last trading session, 53226.0 shares of the BIT Mining Ltd ADR (NYSE:BTCM) were traded, and its beta was 3.22. Most recently the company’s share price was $1.97, and it changed around -$0.04 or -1.99% from the last close, which brings the market valuation of the company to $31.42M. BTCM currently trades at a discount to its 52-week high of $4.27, offering almost -116.75% off that amount. The share price’s 52-week low was $1.22, which indicates that the current value has risen by an impressive 38.07% since then.
BIT Mining Ltd ADR stock received a consensus recommendation rating of Hold, based on a mean score of 5.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended BTCM as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. BIT Mining Ltd ADR is expected to report earnings per share of 0 for the current quarter.
BIT Mining Ltd ADR (NYSE:BTCM) trade information
Instantly BTCM has showed a red trend with a performance of -1.99% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.1800 on recent trading dayincreased the stock’s daily price by 9.63%. The company’s shares are currently down -21.83% year-to-date, but still down -1.50% over the last five days. On the other hand, BIT Mining Ltd ADR (NYSE:BTCM) is 3.14% up in the 30-day period.
BIT Mining Ltd ADR (BTCM) estimates and forecasts
The year-over-year growth rate is expected to be 12.08%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 9.1M in revenue for the current quarter. 1 analysts expect BIT Mining Ltd ADR to make 9.4M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 51.94%.
BTCM Dividends
BIT Mining Ltd ADR’s next quarterly earnings report is expected to be released in June.
CITADEL ADVISORS LLC, with 0.4363% or 48100.0 shares worth $0.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
The former held 111.0 shares worth $218.0, making up 0.00% of all outstanding shares.
