BitMine Immersion Technologies Inc [AMEX: BMNR] surged by $76.5 during the normal trading session on Friday and reaching a high of $161.0 during the day while it closed the day at $135.0.
BitMine Immersion Technologies Inc stock has also gained 2954.30% of its value over the past 7 days. However, BMNR stock has inclined by 1823.08% in the 3 months of the year. Over the past six months meanwhile, it has gained 1828.57% and gained 837.50% year-on date.
The market cap for BMNR stock reached $831.98 million, with 2.05 million shares outstanding and 1.35 million shares in the current float. Compared to the average trading volume of 3.40M shares, BMNR reached a trading volume of 37529808 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about BitMine Immersion Technologies Inc [BMNR]:
The Price to Book ratio for the last quarter was 96.32, with the Price to Cash per share for the same quarter was set at 0.24. Price to Free Cash Flow for BMNR in the course of the last twelve months was 529.92 with Quick ratio for the last quarter at 0.41.
BMNR stock trade performance evaluation
BitMine Immersion Technologies Inc [BMNR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2954.30. With this latest performance, BMNR shares gained by 900.00% in over the last four-week period, additionally plugging by 1828.57% over the last 6 months – not to mention a rise of 1630.77% in the past year of trading.
BitMine Immersion Technologies Inc [BMNR]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and BitMine Immersion Technologies Inc [BMNR] shares currently have an operating margin of -51.81% and a Gross Margin at 4.57%. BitMine Immersion Technologies Inc’s Net Margin is presently recorded at -119.74%.
Return on Equity for this stock declined to -43.43%, with Return on Assets sitting at -43.43%.
