BIT Mining (BTCM) Competitors

$2.55
+0.15 (+6.25%)
(As of 05/17/2024 08:53 PM ET)

BTCM vs. ULY, MRIN, SSNT, PALT, AERT, ABTS, NISN, GMM, FTHM, and VIVK

Should you be buying BIT Mining stock or one of its competitors? The main competitors of BIT Mining include Urgent.ly (ULY), Marin Software (MRIN), SilverSun Technologies (SSNT), Paltalk (PALT), Aeries Technology (AERT), Abits Group (ABTS), Nisun International Enterprise Development Group (NISN), Global Mofy Metaverse (GMM), Fathom (FTHM), and Vivakor (VIVK). These companies are all part of the "business services" sector.

BIT Mining vs.

Urgent.ly (NASDAQ:ULY) and BIT Mining (NYSE:BTCM) are both small-cap business services companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, earnings, risk, valuation, institutional ownership, media sentiment, dividends, analyst recommendations and community ranking.

Urgent.ly received 4 more outperform votes than BIT Mining when rated by MarketBeat users. Likewise, 100.00% of users gave Urgent.ly an outperform vote while only 0.00% of users gave BIT Mining an outperform vote.

CompanyUnderperformOutperform
Urgent.lyOutperform Votes
4
100.00%
Underperform Votes
No Votes
BIT MiningOutperform Votes
No Votes
Underperform Votes
1
100.00%

Urgent.ly currently has a consensus price target of $5.00, suggesting a potential upside of 106.61%. Given BIT Mining's higher probable upside, research analysts clearly believe Urgent.ly is more favorable than BIT Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Urgent.ly
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
BIT Mining
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

28.3% of Urgent.ly shares are owned by institutional investors. Comparatively, 5.3% of BIT Mining shares are owned by institutional investors. 19.7% of BIT Mining shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Urgent.ly had 7 more articles in the media than BIT Mining. MarketBeat recorded 9 mentions for Urgent.ly and 2 mentions for BIT Mining. BIT Mining's average media sentiment score of 0.12 beat Urgent.ly's score of -0.10 indicating that Urgent.ly is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Urgent.ly
0 Very Positive mention(s)
0 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
BIT Mining
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Urgent.ly has higher revenue and earnings than BIT Mining.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Urgent.ly$184.65M0.18$74.73MN/AN/A
BIT Mining$43.10M0.66-$28.71M-$1.31-1.95

Urgent.ly has a net margin of 45.36% compared to Urgent.ly's net margin of -6.16%. BIT Mining's return on equity of 0.00% beat Urgent.ly's return on equity.

Company Net Margins Return on Equity Return on Assets
Urgent.ly45.36% N/A -91.83%
BIT Mining -6.16%-32.20%-16.69%

Summary

Urgent.ly beats BIT Mining on 11 of the 14 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTCM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

BTCM vs. The Competition

MetricBIT MiningData processing & preparation IndustryBusiness SectorNYSE Exchange
Market Cap$28.33M$3.62B$6.28B$17.91B
Dividend YieldN/A2.07%3.06%3.43%
P/E Ratio-1.9517.4233.3425.16
Price / Sales0.666.2583.6310.80
Price / CashN/A49.9726.9219.22
Price / Book1.136.964.855.50
Net Income-$28.71M$23.06M$114.09M$970.05M
7 Day Performance-1.54%-0.51%17.53%3.48%
1 Month Performance28.14%12.70%21.46%8.34%
1 Year Performance-10.84%-2.16%31.76%27.36%

BIT Mining Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ULY
Urgent.ly
3.8344 of 5 stars
$2.09
+5.6%
$5.00
+139.2%
N/A$28.05M$184.65M0.00753Gap Down
MRIN
Marin Software
0 of 5 stars
$2.50
+2.9%
N/A-29.6%$7.78M$17.73M-0.40108Analyst Forecast
SSNT
SilverSun Technologies
0 of 5 stars
$14.12
-4.9%
N/A+409.9%$75.12M$54.52M-70.60195
PALT
Paltalk
2.0877 of 5 stars
$3.20
-5.9%
N/A+13.8%$29.50M$10.98M-26.6717Gap Down
AERT
Aeries Technology
0 of 5 stars
$1.94
+0.5%
N/AN/A$29.60MN/A0.001,483Gap Up
ABTS
Abits Group
0 of 5 stars
$0.81
+1.3%
N/AN/A$28.80M$1.68M0.0012Gap Down
NISN
Nisun International Enterprise Development Group
0 of 5 stars
$7.30
-3.3%
N/A+67.0%$27.38M$234.17M0.00736Gap Down
GMM
Global Mofy Metaverse
0 of 5 stars
$1.05
+4.0%
N/AN/A$27.23M$26.89M0.0038
FTHM
Fathom
3.9756 of 5 stars
$1.52
flat
$6.63
+335.9%
-70.4%$31.59M$345.23M-1.03241Gap Up
High Trading Volume
VIVK
Vivakor
0 of 5 stars
$1.15
-4.2%
N/A+3.2%$31.87M$59.32M-2.055Gap Up

Related Companies and Tools

This page (NYSE:BTCM) was last updated on 5/20/2024 by MarketBeat.com Staff

From Our Partners