NYSE:BTCM BIT Mining (BTCM) Stock Price, News & Analysis $2.68 -0.13 (-4.63%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisChartCompetitorsEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends About BIT Mining Stock (NYSE:BTCM) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get BIT Mining alerts:Sign Up Key Stats Today's Range$2.58▼$2.8150-Day Range$1.98▼$2.8152-Week Range$1.79▼$6.95Volume45,321 shsAverage Volume104,954 shsMarket Capitalization$29.77 millionP/E RatioN/ADividend YieldN/APrice TargetN/AConsensus RatingN/A Company OverviewBIT Mining Limited operates as a cryptocurrency mining company in the Mainland China, the United States, and Hong Kong. The company operates in two segments: Data Center and Cryptocurrency Mining. It operates a cryptocurrency mining data center in Ohio with power capacity of 82.5 megawatts; and purchases and deploys bitcoin mining machines. In addition, it engages in online gaming activities; and provision of technology services. The company was formerly known as 500.com Limited and changed its name to BIT Mining Limited in April 2021. BIT Mining Limited was founded in 2001 and is based in Akron, Ohio.Read More… If you missed the last crypto boom, you have to see this (Ad)A massive regulatory move is expected in the very near future… That could send a specific few cryptos soaring. And while the crypto market is highly volatile… and we can’t promise against losses or guarantee future returns…. We see this as THE BIGGEST opportunity in the crypto market in many years. The first crypto revolution started with Bitcoin… and a few savvy traders had a shot at absolutely outrageous 14,510% gains or moreYou have to see THIS right away. BIT Mining Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks3rd Percentile Overall ScoreBTCM MarketRank™: BIT Mining scored higher than 3% of companies evaluated by MarketBeat, and ranked 325th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's OpinionN/AAnalyst RatingN/A Consensus RatingThere is not enough analysis data for BIT Mining.Read more about BIT Mining's stock forecast and price target. Earnings and Valuation0.0 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of BIT Mining is -2.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of BIT Mining is -2.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioBIT Mining has a P/B Ratio of 1.19. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about BIT Mining's valuation and earnings. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.52% of the float of BIT Mining has been sold short.Short Interest Ratio / Days to CoverBIT Mining has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BIT Mining has recently increased by 26.37%, indicating that investor sentiment is decreasing significantly. Dividend0.0 / 5Dividend StrengthN/A Dividend YieldBIT Mining does not currently pay a dividend.Dividend GrowthBIT Mining does not have a long track record of dividend growth. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.52% of the float of BIT Mining has been sold short.Short Interest Ratio / Days to CoverBIT Mining has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in BIT Mining has recently increased by 26.37%, indicating that investor sentiment is decreasing significantly. News and Social Media0.8 / 5News Sentiment-0.60 News SentimentBIT Mining has a news sentiment score of -0.60. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for BIT Mining this week, compared to 1 article on an average week. Company Ownership0.8 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, BIT Mining insiders have not sold or bought any company stock.Percentage Held by Insiders19.68% of the stock of BIT Mining is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 5.34% of the stock of BIT Mining is held by institutions.Read more about BIT Mining's insider trading history. Receive BTCM Stock News and Ratings via Email Sign-up to receive the latest news and ratings for BIT Mining and its competitors with MarketBeat's FREE daily newsletter. Email Address BTCM Stock News HeadlinesIs Bit Digital Inc. (BTBT) the Most Undervalued Blockchain Stock? Analysts Suggest 70% Upside PotentialOctober 11, 2024 | insidermonkey.comA Bitcoin Reckoning? FTX Pays Up, SEC Admits Crypto Disaster, HBO Taps Into Bitcoin Drama and the Mayor of MiningOctober 11, 2024 | thestreet.comThis Bull Market Indicator called NVDA at $116Every now and again we find an investment idea so incredible we can’t help but share. And today is one of those rare days… Except, today we won't be giving you insight on any one particular stock… But rather, insight on a revolutionary new stock picking indicator… In fact, within the last year, this indicator has become famous for a multitude of reasons… But one of the biggest was because of the buy signal it issued on October 18th, 2022. In fact, on that very day, it said to buy NVDA at $116.37… Anyone who did would be sitting on a tremendously large return today… But even if you missed the original buy signal from October, this incredible indicator issued 11 other buy signals while Nvidia made its epic run…October 18, 2024 | WealthPress (Ad)Some Granbury residents file lawsuit against bit mining company over noise pollutionOctober 11, 2024 | msn.comWhat is bitcoin mining? How it works, why it matters, and how to get startedOctober 9, 2024 | msn.comBIT Mining First Half 2024 Earnings: EPS: US$0.002 (vs US$0.54 loss in 1H 2023)September 29, 2024 | finance.yahoo.comBitcoin Mining Profitability Remains at All-Time Lows as Prices Fall, Hashrate Rises, JPMorgan SaysSeptember 16, 2024 | msn.comBitcoin Miners Dump $1.7B Worth Of BTC As Rising Mining Difficulty And Weak Price Action Take Their TollSeptember 13, 2024 | msn.comSee More Headlines BTCM Stock Analysis - Frequently Asked Questions How have BTCM shares performed this year? BIT Mining's stock was trading at $5.04 at the start of the year. Since then, BTCM stock has decreased by 46.8% and is now trading at $2.68. View the best growth stocks for 2024 here. How were BIT Mining's earnings last quarter? BIT Mining Limited (NYSE:BTCM) announced its quarterly earnings results on Friday, February, 23rd. The company reported ($0.39) EPS for the quarter. The company earned $10.41 million during the quarter, compared to analysts' expectations of $77.30 million. When did BIT Mining's stock split? BIT Mining shares reverse split on Friday, December 23rd 2022. The 1-10 reverse split was announced on Friday, December 23rd 2022. The number of shares owned by shareholders was adjusted after the market closes on Friday, December 23rd 2022. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split. How do I buy shares of BIT Mining? Shares of BTCM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of BIT Mining own? Based on aggregate information from My MarketBeat watchlists, some other companies that BIT Mining investors own include NVIDIA (NVDA), Broadcom (AVGO), Arista Networks (ANET), Meta Platforms (META), Adobe (ADBE), CymaBay Therapeutics (CBAY) and CrowdStrike (CRWD). Company Calendar Last Earnings2/23/2024Today10/17/2024Next Earnings (Estimated)11/15/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorBusiness Services Industry Data processing & preparation Sub-IndustryBusiness Services Current SymbolNYSE:BTCM CUSIPN/A CIK1517496 Webwww.500.com Phone(346) 204-8537Fax86-755-8379-6070Employees150Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current Ratio1.95 Quick RatioN/A Sales & Book Value Annual Sales$43.10 million Price / Sales0.70 Cash FlowN/A Price / Cash FlowN/A Book Value$2.26 per share Price / Book1.19Miscellaneous Outstanding Shares11,110,000Free Float8,926,000Market Cap$30.00 million OptionableOptionable Beta2.51 Beginners Guide To Retirement StocksClick the link below and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio. 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