Now Is The Time To Build A Position In BioXcel Therapeutics Inc (NASDAQ:BTAI)

BioXcel Therapeutics Inc (NASDAQ:BTAI)’s traded shares stood at 1.02 million during the last session, with the company’s beta value hitting -0.03. At the close of trading, the stock’s price was $0.40, to imply a decrease of -1.37% or -$0.01 in intraday trading. The BTAI share’s 52-week high remains $4.17, putting it -942.5% down since that peak but still an impressive 0.0% since price per share fell to its 52-week low of $0.40. The company has a valuation of $19.45M, with an average of 0.79 million shares in intraday trading volume over the past 10 days and average of 557.59K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for BioXcel Therapeutics Inc (BTAI), translating to a mean rating of 1.50. Of 8 analyst(s) looking at the stock, 0 analyst(s) give BTAI a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 7 recommend it as a Buy.

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

BioXcel Therapeutics Inc (NASDAQ:BTAI) trade information

After registering a -1.37% downside in the last session, BioXcel Therapeutics Inc (BTAI) has traded red over the past five days. The 5-day price performance for the stock is -13.28%, and -37.63% over 30 days. With these gigs, the year-to-date price performance is -86.37%. Short interest in BioXcel Therapeutics Inc (NASDAQ:BTAI) saw shorts transact 0.35 million shares and set a 0.93 days time to cover.

The extremes give us $1 and $1 for target low and target high price respectively. As such, BTAI has been trading -150.0% off suggested target high and -150.0% from its likely low.

BioXcel Therapeutics Inc (BTAI) estimates and forecasts

Looking at statistics comparing BioXcel Therapeutics Inc share performance against respective industry, we note that the company has outperformed competitors. BioXcel Therapeutics Inc (BTAI) shares are -75.33% down over the last 6 months, with its year-to-date growth rate higher than industry average at 70.73% against 17.30%.

BTAI Dividends

BioXcel Therapeutics Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

BioXcel Therapeutics Inc (NASDAQ:BTAI)’s Major holders

BioXcel Therapeutics Inc insiders hold 20.06% of total outstanding shares, with institutional holders owning 8.76% of the shares at 10.96% float percentage. In total, 8.76% institutions holds shares in the company, led by ARMISTICE CAPITAL, LLC. As of 2024-06-30, the company held over 2.99 million shares (or 9.6767% of shares), all amounting to roughly $3.82 million.

The next major institution holding the largest number of shares is FMR LLC with 2.21 million shares, or about 7.1439% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.82 million.