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The closing price of BIT Mining Ltd ADR (NYSE: BTCM) was $3.11 for the day, down -2.81% from the previous closing price of $3.20. In other words, the price has decreased by -$2.81 from its previous closing price. On the day, 1.59 million shares were traded. BTCM stock price reached its highest trading level at $3.9799 during the session, while it also had its lowest trading level at $2.82.
Ratios:
Our analysis of BTCM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTCM now has a Market Capitalization of 35899972 and an Enterprise Value of 3591078400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 86.731 whereas that against EBITDA is -328.914.
Stock Price History:
Over the past 52 weeks, BTCM has reached a high of $6.95, while it has fallen to a 52-week low of $1.79. The 50-Day Moving Average of the stock is 26.06%, while the 200-Day Moving Average is calculated to be 11.93%.
Shares Statistics:
BTCM traded an average of 101.50K shares per day over the past three months and 375500 shares per day over the past ten days. A total of 11.11M shares are outstanding, with a floating share count of 10.76M. Insiders hold about 3.15% of the company’s shares, while institutions hold 0.41% stake in the company. Shares short for BTCM as of 1730332800 were 139811 with a Short Ratio of 1.38, compared to 1727654400 on 163386. Therefore, it implies a Short% of Shares Outstanding of 139811 and a Short% of Float of 1.6199999999999999.
