BIT Mining Ltd ADR (NYSE: BTCM)’s stock price has decreased by -11.63 compared to its previous closing price of 2.15. However, the company has seen a -10.80% decrease in its stock price over the last five trading sessions. prnewswire.com reported 2025-04-29 that AKRON, Ohio, April 29, 2025 /PRNewswire/ — BIT Mining Limited (NYSE: BTCM) (“BIT Mining” or the “Company”), a leading technology-driven cryptocurrency mining company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (“SEC”) on April 29, 2025. The annual report can be accessed on the SEC’s website at http://www.sec.gov, as well as on the Company’s investor relations website at ir.btcm.group.
Is It Worth Investing in BIT Mining Ltd ADR (NYSE: BTCM) Right Now?
Additionally, the 36-month beta value for BTCM is 3.15. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for BTCM is 15.47M and currently, short sellers hold a 0.45% ratio of that float. The average trading volume of BTCM on June 20, 2025 was 54.65K shares.
BTCM’s Market Performance
BTCM’s stock has seen a -10.80% decrease for the week, with a -5.94% drop in the past month and a 0.53% gain in the past quarter. The volatility ratio for the week is 7.38%, and the volatility levels for the past 30 days are at 5.92% for BIT Mining Ltd ADR The simple moving average for the last 20 days is -6.01% for BTCM stock, with a simple moving average of -17.97% for the last 200 days.
BTCM Trading at 4.02% from the 50-Day Moving Average
After a stumble in the market that brought BTCM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -55.50% of loss for the given period.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BTCM starting from YUAN QIANG, who proposed sale 60,000 shares at the price of $2.44 back on Mar 03 ’25. After this action, YUAN QIANG now owns shares of BIT Mining Ltd ADR, valued at $146,400 using the latest closing price.
Stock Fundamentals for BTCM
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.14 for the gross margin
The net margin for BIT Mining Ltd ADR stands at 0.56. The total capital return value is set at -0.45.
Based on BIT Mining Ltd ADR (BTCM), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -4.77.
Currently, EBITDA for the company is -7.01 million with net debt to EBITDA at 0.05. When we switch over and look at the enterprise to sales, we see a ratio of 0.01. The receivables turnover for the company is 42.46for trailing twelve months and the total asset turnover is 2.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.
Conclusion
In conclusion, BIT Mining Ltd ADR (BTCM) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
