BIT Mining Limited Sponsored ADR (NYSE:BTCM - Get Free Report)'s share price traded down 4.3% during trading on Tuesday . The company traded as low as $4.11 and last traded at $4.17. 1,659,026 shares changed hands during trading, an increase of 91% from the average session volume of 869,560 shares. The stock had previously closed at $4.36.
Wall Street Analysts Forecast Growth
Separately, HC Wainwright reissued a "neutral" rating on shares of BIT Mining in a research note on Friday, April 11th.
Read Our Latest Stock Analysis on BTCM
BIT Mining Stock Down 1.9%
The company has a market cap of $62.09 million, a PE ratio of -3.15 and a beta of 3.13. The business's 50 day moving average price is $2.40 and its 200-day moving average price is $2.19.
BIT Mining Company Profile
(
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BIT 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.
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