How to buy BIT Mining stock | $7.08

BIT Mining Limited is a gambling business based in the US. BIT Mining shares (WBAI) are listed on the NYSE and all prices are listed in US Dollars. BIT Mining employs 138 staff and has a trailing 12-month revenue of around 0.00.

BIT Mining stock price (NYSE: WBAI)

Use our graph to track the performance of WBAI stocks over time.

BIT Mining shares at a glance

• Key figures

Information last updated 2021-07-25.

Latest market close	$7.08
52-week range	$2.51 - $35.00
50-day moving average	$17.80
200-day moving average	$12.68
Wall St. target price	$13.80
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	$-1.27

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Is it a good time to buy BIT Mining stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of BIT Mining Limited by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

BIT Mining price performance over time

Historical closes compared with the close of $7.08 from 2021-05-26

1 week (2021-07-24)	N/A
1 month (2021-06-30)	N/A
3 months (2021-05-04)	-54.29%
6 months (2021-01-31)	N/A

1 year (2020-07-31)	N/A
2 years (2019-07-31)	N/A
3 years (2018-07-31)	N/A
5 years (2016-07-31)	N/A

BIT Mining financials

Revenue TTM	$21.8 million
Gross profit TTM	$5 million
Return on assets TTM	-20.45%
Return on equity TTM	-45.38%
Profit margin	0%
Book value	$9.39
Market capitalisation	$795.1 million

TTM: trailing 12 months

Shorting BIT Mining shares

There are currently 1.7 million BIT Mining shares held short by investors – that's known as BIT Mining's "short interest". This figure is 21.6% down from 2.1 million last month.

There are a few different ways that this level of interest in shorting BIT Mining shares can be evaluated.

BIT Mining's "short interest ratio" (SIR)

BIT Mining's "short interest ratio" (SIR) is the quantity of BIT Mining shares currently shorted divided by the average quantity of BIT Mining shares traded daily (recently around 757779.81651376). BIT Mining's SIR currently stands at 2.18. In other words for every 100,000 BIT Mining shares traded daily on the market, roughly 2180 shares are currently held short.

However BIT Mining's short interest can also be evaluated against the total number of BIT Mining shares, or, against the total number of tradable BIT Mining shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case BIT Mining's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 BIT Mining shares in existence, roughly 40 shares are currently held short) or 0.0553% of the tradable shares (for every 100,000 tradable BIT Mining shares, roughly 55 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against BIT Mining.

Find out more about how you can short BIT Mining stock.

BIT Mining share dividends

We're not expecting BIT Mining to pay a dividend over the next 12 months.

BIT Mining share price volatility

Over the last 12 months, BIT Mining's shares have ranged in value from as little as $2.51 up to $35. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while BIT Mining's is 1.8373. This would suggest that BIT Mining's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

BIT Mining overview

500. com Limited, through its subsidiaries, provides online gaming services primarily in the People's Republic of China and Europe. It operates online gaming sites, such as Multilotto. com, Multilotto. net, multilotto. co. uk, and multilotto.

Frequently asked questions

What percentage of BIT Mining is owned by insiders or institutions?
Currently 17.512% of BIT Mining shares are held by insiders and 7.096% by institutions. How many people work for BIT Mining?
Latest data suggests 138 work at BIT Mining. When does the fiscal year end for BIT Mining?
BIT Mining's fiscal year ends in December. Where is BIT Mining based?
BIT Mining's address is: Block B, Building No. 7, Shenzhen, China, 518115 What is BIT Mining's ISIN number?
BIT Mining's international securities identification number is: US33829R1005 What is BIT Mining's CUSIP number?
BIT Mining's Committee on Uniform Securities Identification Procedures number is: 33829R100