The stock of BIT Mining Ltd ADR (BTCM) has gone up by 13.86% for the week, with a 21.05% rise in the past month and a 32.95% rise in the past quarter. The volatility ratio for the week is 6.60%, and the volatility levels for the past 30 days are 7.92% for BTCM. The simple moving average for the last 20 days is 11.46% for BTCM stock, with a simple moving average of -0.53% for the last 200 days.
Is It Worth Investing in BIT Mining Ltd ADR (NYSE: BTCM) Right Now?
The 36-month beta value for BTCM is also noteworthy at 3.19. 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 at present, short sellers hold a 0.42% of that float. The average trading volume of BTCM on July 04, 2025 was 59.63K shares.
BTCM stock’s latest price update
The stock of BIT Mining Ltd ADR (NYSE: BTCM) has increased by 2.68% when compared to last closing price of $2.24. Despite this, the company has experienced a 13.86% gain 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.
BTCM Trading at 17.26% 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 -46.14% of loss for the given period.
Volatility was left at 7.92%, however, over the last 30 days, the volatility rate increased by 6.60%, as shares surge +14.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +52.32% upper at present.
During the last 5 trading sessions, BTCM rose by +13.86%, which changed the moving average for the period of 200-days by -0.43% in comparison to the 20-day moving average, which settled at $2.06. In addition, BIT Mining Ltd ADR saw -22.30% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
N/A, the N/A of BIT Mining Ltd ADR, N/A N/A shares at N/A during a trade that took place back on N/A, which means that N/A is holding N/A shares at N/A based on the most recent 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 summary, BIT Mining Ltd ADR (BTCM) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others 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.
