In last trading session, Bitcoin Depot Inc (NASDAQ:BTM) saw 0.45 million shares changing hands with its beta currently measuring -0.12. Company’s recent per share price level of $1.96 trading at -$0.02 or -1.01% at ring of the bell on the day assigns it a market valuation of $118.36M. That closing price of BTM’s stock is at a discount of -88.78% from its 52-week high price of $3.70 and is indicating a premium of 32.14% from its 52-week low price of $1.33. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.52 million shares which gives us an average trading volume of 957.92K if we extend that period to 3-months.
For Bitcoin Depot Inc (BTM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.01 in the current quarter.
Bitcoin Depot Inc (NASDAQ:BTM) trade information
Upright in the red during last session for losing -1.01%, in the last five days BTM remained trading in the green while hitting it’s week-highest on Wednesday, 11/27/24 when the stock touched $1.96 price level, adding 6.22% to its value on the day. Bitcoin Depot Inc’s shares saw a change of -39.32% in year-to-date performance and have moved 4.26% in past 5-day. Bitcoin Depot Inc (NASDAQ:BTM) showed a performance of 29.80% in past 30-days. Number of shares sold short was 0.29 million shares which calculate 3.33 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.75 to the stock, which implies a rise of 47.73% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 4. It follows that stock’s current price would drop -78.57% in reaching the projected high whereas dropping to the targeted low would mean a loss of -78.57% for stock’s current value.
Bitcoin Depot Inc (BTM) estimates and forecasts
Statistics highlight that Bitcoin Depot Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -1.51% of value to its shares in past 6 months, showing an annual growth rate of 92.99% while that of industry is 8.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -17.63% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 129.75M for the same. And 2 analysts are in estimates of company making revenue of 135.66M in the next quarter. Company posted 148.41M and 138.54M of sales in current and next quarters respectively a year earlier.
On the other hand, Vanguard Total Stock Market Index Fund and RiverPark Fds Tr-RiverPark Strategic Income Fd are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 291.57 shares of worth $0.58 million or 1.61% of the total outstanding shares. The later fund manager was in possession of 249.98 shares on Jun 30, 2024 , making its stake of worth around $0.5 million in the company or a holder of 1.38% of company’s stock.
