BIT Mining Ltd ADR (BTCM)’s stock is trading at $4.27 at the moment marking a rise of 30.98% from the last session close. As of this writing, shares are priced at -38.56% less than their 52-week high of $6.95, and 138.55% over their 52-week low of $1.79. Based on the past 30-day period, the stock price is -4.84% below the high and +60.91% above the low.
The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, BTCM’s SMA-200 is $2.79.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Further, it is important to consider BTCM stock ratios, particularly its price-to-sales ratio over the past twelve months, which stands at 0.20.BTCM’s price to book ratio for the most recent quarter was 1.20, resulting in an 4.36 price to cash per share for the period.
How does BIT Mining Ltd ADR (BTCM) stock rate among analysts? Buy, sell, or hold?
The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 1 brokerage firms that recommend the stock as a Hold. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 3.00 in simple terms.
An overview of BIT Mining Ltd ADR’s technicals
In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests BIT Mining Ltd ADR (BTCM) traded 118,053 shares per day, with a moving average of $2.81 and price change of +1.14. With the moving average of $2.45 and a price change of +1.35, about 69,617 shares changed hands on average over the past 50 days. Finally, BTCM’s 100-day average volume is 70,907 shares, alongside a moving average of $2.56 and a price change of +0.80.
