During the last session, BIT Mining Ltd ADR (NYSE:BTCM)’s traded shares were 0.11 million, with the beta value of the company hitting 3.15. At the end of the trading day, the stock’s price was $1.90, reflecting an intraday loss of -11.63% or -$0.25. The 52-week high for the BTCM share is $4.27, that puts it down -124.74 from that peak though still a striking 35.79% gain since the share price plummeted to a 52-week low of $1.22. The company’s market capitalization is $30.30M, and the average intraday trading volume over the past 10 days was 66930.0 shares, and the average trade volume was 54.65K shares over the past three months.
BIT Mining Ltd ADR (BTCM) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 5.00. BTCM has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.
BIT Mining Ltd ADR (NYSE:BTCM) trade information
BIT Mining Ltd ADR (BTCM) registered a -11.63% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -11.63% in intraday trading to $1.90, hitting a weekly high. The stock’s 5-day price performance is -10.80%, and it has moved by -5.94% in 30 days. Based on these gigs, the overall price performance for the year is -27.48%. The short interest in BIT Mining Ltd ADR (NYSE:BTCM) is 69247.0 shares and it means that shorts have 1.17 day(s) to cover.
BIT Mining Ltd ADR (BTCM) estimates and forecasts
In the rating firms’ projections, revenue will increase 12.08% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 9.1M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 9.4M by the end of current fiscal year.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 51.94%.
BTCM Dividends
BIT Mining Ltd ADR is due to release its next quarterly earnings on 2025-Feb-28. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
BIT Mining Ltd ADR (NYSE:BTCM)’s Major holders
BIT Mining Ltd ADR insiders own 3.44% of total outstanding shares while institutional holders control 3.20%, with the float percentage being 3.32%. SC CHINA HOLDING LTD is the largest shareholder of the company, while 18.0 institutions own stock in it. As of 2024-06-30, the company held over 0.35 million shares (or 3.1788% of all shares), a total value of $0.98 million in shares.
The next largest institutional holding, with 48100.0 shares, is of CITADEL ADVISORS LLC’s that is approximately 0.4363% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.13 million.
