Bitcoin Depot Inc (NASDAQ: BTM) Received An 5.41% Gain In 6 Months – Here’s What To Expect

During the last session, Bitcoin Depot Inc (NASDAQ:BTM)’s traded shares were 0.55 million, with the beta value of the company hitting -0.09. At the end of the trading day, the stock’s price was $1.95, reflecting an intraday gain of 1.56% or $0.03. The 52-week high for the BTM share is $3.70, that puts it down -89.74 from that peak though still a striking 31.79% gain since the share price plummeted to a 52-week low of $1.33. The company’s market capitalization is $117.76M, and the average intraday trading volume over the past 10 days was 0.58 million shares, and the average trade volume was 1.05 million shares over the past three months.

Bitcoin Depot Inc (BTM) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.50. BTM has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

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Bitcoin Depot Inc (NASDAQ:BTM) trade information

Bitcoin Depot Inc (BTM) registered a 1.56% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.56% in intraday trading to $1.95, hitting a weekly high. The stock’s 5-day price performance is 4.84%, and it has moved by -21.37% in 30 days. Based on these gigs, the overall price performance for the year is -25.00%. The short interest in Bitcoin Depot Inc (NASDAQ:BTM) is 0.29 million shares and it means that shorts have 3.33 day(s) to cover.

The consensus price target of analysts on Wall Street is $3.5, which implies an increase of 44.29% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.5 and $3.5 respectively. As a result, BTM is trading at a discount of -79.49% off the target high and -79.49% off the low.

Bitcoin Depot Inc (BTM) estimates and forecasts

Statistics show that Bitcoin Depot Inc has outperformed its competitors in share price, compared to the industry in which it operates. Bitcoin Depot Inc (BTM) shares have gone up 5.41% during the last six months, with a year-to-date growth rate more than the industry average at 92.99% against 8.00.

While earnings are projected to return 112.96% in 2024.

BTM Dividends

Bitcoin Depot Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Also, the Mutual Funds coming in first place with the largest holdings of Bitcoin Depot Inc (BTM) shares are Vanguard Total Stock Market Index Fund and RiverPark Fds Tr-RiverPark Strategic Income Fd . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 355.82 shares. This amounts to just over 1.96 percent of the company’s overall shares, with a $0.69 million market value. The same data shows that the other fund manager holds slightly less at 249.98, or about 1.38% of the stock, which is worth about $0.49 million.