BIT Mining (BTCM) Competitors

$2.61
-0.03 (-1.14%)
(As of 05/8/2024 ET)

BTCM vs. ULY, SAI, MRIN, MFH, SSNT, ABTS, AERT, NISN, VIVK, and FTHM

Should you be buying BIT Mining stock or one of its competitors? The main competitors of BIT Mining include Urgent.ly (ULY), SAI.TECH Global (SAI), Marin Software (MRIN), Mercurity Fintech (MFH), SilverSun Technologies (SSNT), Abits Group (ABTS), Aeries Technology (AERT), Nisun International Enterprise Development Group (NISN), Vivakor (VIVK), and Fathom (FTHM). These companies are all part of the "business services" sector.

BIT Mining vs.

BIT Mining (NYSE:BTCM) and Urgent.ly (NASDAQ:ULY) are both small-cap business services companies, but which is the superior business? We will contrast the two businesses based on the strength of their valuation, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, dividends, risk and community ranking.

5.3% of BIT Mining shares are held by institutional investors. Comparatively, 28.3% of Urgent.ly shares are held by institutional investors. 19.7% of BIT Mining shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Urgent.ly received 3 more outperform votes than BIT Mining when rated by MarketBeat users. Likewise, 100.00% of users gave Urgent.ly an outperform vote while only 0.00% of users gave BIT Mining an outperform vote.

CompanyUnderperformOutperform
BIT MiningOutperform Votes
No Votes
Underperform Votes
1
100.00%
Urgent.lyOutperform Votes
3
100.00%
Underperform Votes
No Votes

In the previous week, BIT Mining had 2 more articles in the media than Urgent.ly. MarketBeat recorded 3 mentions for BIT Mining and 1 mentions for Urgent.ly. BIT Mining's average media sentiment score of -0.13 beat Urgent.ly's score of -1.00 indicating that BIT Mining is being referred to more favorably in the media.

Company Overall Sentiment
BIT Mining Neutral
Urgent.ly Negative

Urgent.ly has a net margin of 0.00% compared to BIT Mining's net margin of -6.16%. Urgent.ly's return on equity of 0.00% beat BIT Mining's return on equity.

Company Net Margins Return on Equity Return on Assets
BIT Mining-6.16% -29.63% -16.41%
Urgent.ly N/A N/A N/A

Urgent.ly has a consensus target price of $5.00, suggesting a potential upside of 113.68%. Given Urgent.ly's higher probable upside, analysts clearly believe Urgent.ly is more favorable than BIT Mining.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
BIT Mining
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Urgent.ly
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

Urgent.ly has higher revenue and earnings than BIT Mining.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
BIT Mining$43.10M0.67-$14.43M-$1.31-1.99
Urgent.ly$184.65M0.17$74.73MN/AN/A

Summary

Urgent.ly beats BIT Mining on 10 of the 14 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding BTCM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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BTCM vs. The Competition

MetricBIT MiningData processing & preparation IndustryBusiness SectorNYSE Exchange
Market Cap$29.00M$3.48B$6.40B$17.72B
Dividend YieldN/A2.17%2.98%3.52%
P/E Ratio-1.9920.7937.4324.80
Price / Sales0.676.79997.4410.74
Price / Cash1.7944.4123.6115.59
Price / Book0.747.054.595.10
Net Income-$14.43M$19.98M$117.19M$967.52M
7 Day Performance-1.51%2.82%0.93%1.66%
1 Month Performance1.16%4.29%-2.79%-1.43%
1 Year Performance-14.71%7.80%8.09%108.46%

BIT Mining Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ULY
Urgent.ly
1.9185 of 5 stars
$1.62
-5.3%
$5.00
+208.6%
N/A$21.72M$184.65M0.00753Upcoming Earnings
Negative News
Gap Up
SAI
SAI.TECH Global
0.5979 of 5 stars
$0.93
+9.4%
N/A-72.2%$12.42M$6.78M0.0028Gap Up
MRIN
Marin Software
0 of 5 stars
$2.83
+8.4%
N/A-28.7%$8.52M$17.73M-0.38108Analyst Forecast
Gap Up
High Trading Volume
MFH
Mercurity Fintech
0 of 5 stars
$1.34
-6.3%
N/A-5.6%$62.37M$445,928.000.009News Coverage
Gap Up
SSNT
SilverSun Technologies
0.0297 of 5 stars
$14.31
-4.6%
N/A+385.5%$76.13M$54.52M-71.55195Upcoming Earnings
News Coverage
ABTS
Abits Group
0 of 5 stars
$0.77
-2.5%
N/AN/A$27.38M$160,000.000.0012Upcoming Earnings
AERT
Aeries Technology
0 of 5 stars
$2.06
-3.3%
N/AN/A$31.44MN/A0.001,483Gap Up
NISN
Nisun International Enterprise Development Group
0 of 5 stars
$7.18
-2.6%
N/A+48.1%$26.93M$234.17M0.00736Gap Down
VIVK
Vivakor
0 of 5 stars
$1.15
-3.4%
N/A+4.9%$31.91M$59.32M-2.0610Gap Down
FTHM
Fathom
3.1406 of 5 stars
$1.56
flat
$6.63
+324.7%
-70.3%$32.42M$345.23M-1.06241

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This page (NYSE:BTCM) was last updated on 5/9/2024 by MarketBeat.com Staff

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