Bitcoin Depot Inc (BTM) concluded trading on 01/11/24 at a closing price of $2.64, with 5.83 million shares of worth about $15.39 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -25.21% during that period and on Thursday the price remained unchanged. Currently the company’s common shares owned by public are about 31.62M shares, out of which, 3.80M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 22 times over the past 12 months. They bought 8,893,519 shares in 16 of the transactions. In 6 selling transactions, insiders dumped 150,000 shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Bitcoin Depot Inc (NASDAQ: BTM) started trading at $3.02, above $0.38 from concluding price of the previous day. Stock saw a price change of 1.93% in past 5 days and over the past one month there was a price change of -2.58%. Year-to-date (YTD), BTM shares are showing a performance of -18.27% which decreased to -74.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.99 but also hit the highest price of $11.15 during that period. The average intraday trading volume for Bitcoin Depot Inc shares is 246.66K. The stock is currently trading 3.36% above its 20-day simple moving average (SMA20), while that difference is up 6.57% for SMA50 and it goes to -48.95% lower than SMA200.
Bitcoin Depot Inc (NASDAQ: BTM) currently have 31.62M outstanding shares and institutions hold larger chunk of about 50.57% of that.
The stock has a current market capitalization of $34.80M and its 3Y-monthly beta is at -0.32. It has posted earnings per share of -$1.03 in the same period. It has Quick Ratio of 0.08. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BTM, volatility over the week remained 11.01% while standing at 13.85% over the month.
Analysts at 4 brokerage firms have issued recommendations for the Bitcoin Depot Inc (BTM)’s stock and average of those rates the stock at a “Strong Buy” and assign it a score of 1.50. Out of those 4 Wall Street analysts, 3 recommended a “Buy” rating, while 1 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Northland Capital on December 20, 2023 offering a Market perform rating for the stock and assigned a target price of $3.50 to it.
