BitMine Immersion Technologies Inc (AMEX:BMNR) does about 5.56M shares in volume on a normal day but saw 9314925 shares change hands in the recent trading day. The company now has a market cap of 250.33M USD. Its current market price is $40.62, marking a decrease of -11.71% compared to the previous close of $46.01. The 52 week high reached by this stock is $161.00 whilst the lowest price level in 52 weeks is $1.93.
BitMine Immersion Technologies Inc (BMNR) has a 20-day trading average at $34.85 and the current price is -74.77% off the 52-week high compared with 2007.94% distance from its 52-week low. The 50-day simple moving average of the closing price is $19.15 and its 200-day simple moving average is $10.75. If we look at the stock’s price movements over the week, volatility stands at 49.93%, which decreases to 42.60% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 50.76 to suggest the stock is neutral.
The current price level is 16.55%, 112.07%, and 277.76% away from its SMA20, SMA50, and SMA200 respectively, with the BMNR price moving below the 50-day SMA on current market day. BitMine Immersion Technologies Inc (BMNR) stock is down -69.91% over the week and 501.78% over the past month. Its price is 190.14% year-to-date and 420.77% over the past year.
The company has a return on investment of -226.86% and return on equity of -95.27%. The beta has a value of 1.36. Price to book ratio is 28.98 and price to sales ratio is 45.93.
