BIT Mining Ltd ADR (NYSE:BTCM) price on Thursday, July 03, rose 2.68% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $2.3.
A look at the stock’s price movement, the close in the last trading session was $2.24, moving within a range at $2.27 and $2.36. The beta value (5-Year monthly) was 3.149. Turning to its 52-week performance, $4.27 and $1.22 were the 52-week high and 52-week low respectively. Overall, BTCM moved 21.05% over the past month.
BIT Mining Ltd ADR’s market cap currently stands at around $36.68 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-28.
Analysts have a consensus estimate of 9.1M for the company’s revenue for the quarter, with a low and high estimate of 9.1M and 9.1M respectively. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 36.9M, representing a 12.08% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that BTCM is a 50% Buy. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in Hold category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 0 recommend BTCM as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
BTCM’s current price about 11.46% and 17.26% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 63.79, while 7-day volatility ratio is 6.60% and 7.92% in the 30-day chart. Further, BIT Mining Ltd ADR (BTCM) has a beta value of 3.19.
If we refocus on BIT Mining Ltd ADR (NYSE:BTCM), historical trading data shows that trading volumes averaged 38170.0 over the past 10 days and 59.63K over the past 3 months. The company’s latest data on shares outstanding shows there are 15.95 million shares.
The 3.04% of BIT Mining Ltd ADR’s shares are in the hands of company insiders while institutional holders own 1.00% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 65191.0 on 2025-06-13, giving us a short ratio of 1.1. The data shows that as of 2025-06-13 short interest in BIT Mining Ltd ADR (BTCM) stood at 50.0 of shares outstanding, with shares short falling to 82679.0 registered in 2025-05-15. Current price change has pushed the stock -22.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BTCM stock continues to rise going into the next quarter.
