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The price of BIT Mining Ltd ADR (NYSE: BTCM) closed at $2.54 in the last session, down -6.96% from day before closing price of $2.73. In other words, the price has decreased by -$6.96 from its previous closing price. On the day, 0.1 million shares were traded. BTCM stock price reached its highest trading level at $2.68 during the session, while it also had its lowest trading level at $2.49.
Ratios:
We take a closer look at BTCM’s different ratios to gain a better understanding of the stock. 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 38693596 and an Enterprise Value of 2933103616. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at 70.839 whereas that against EBITDA is -268.648.
Stock Price History:
Over the past 52 weeks, BTCM has reached a high of $5.54, while it has fallen to a 52-week low of $1.79. The 50-Day Moving Average of the stock is -14.46%, while the 200-Day Moving Average is calculated to be -4.96%.
Shares Statistics:
According to the various share statistics, BTCM traded on average about 252.63K shares per day over the past 3-months and 97040 shares per day over the past 10 days. A total of 11.11M shares are outstanding, with a floating share count of 10.78M. Insiders hold about 3.04% of the company’s shares, while institutions hold 0.37% stake in the company. Shares short for BTCM as of 1734048000 were 157558 with a Short Ratio of 0.62, compared to 1731628800 on 346168. Therefore, it implies a Short% of Shares Outstanding of 157558 and a Short% of Float of 1.28.
