Bitcoin Depot Inc (NASDAQ:BTM) has a beta value of 0.74 and has seen 2.79 million shares traded in the last trading session. The company, currently valued at $344.07M, closed the last trade at $5.35 per share which meant it lost -$0.68 on the day or -11.28%% during that session. The BTM stock price is -28.6% off its 52-week high price of $6.88 and 82.62% above the 52-week low of $0.93. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.87 million shares traded. The 3-month trading volume is 1.30 million shares.
The consensus among analysts is that Bitcoin Depot Inc (BTM) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Bitcoin Depot Inc (NASDAQ:BTM) trade information
Sporting -11.28%% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BTM stock price touched $5.35 or saw a rise of 22.24%. Year-to-date, Bitcoin Depot Inc shares have moved 189.19%, while the 5-day performance has seen it change -13.99%. Over the past 30 days, the shares of Bitcoin Depot Inc (NASDAQ:BTM) have changed 77.15%. Short interest in the company has seen 0.52 million shares shorted with days to cover at 0.29.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could drop -7.0% from current levels. The projected low price target is $5.0 while the price target rests at a high of $5.0. In that case, then, we find that the current price level is 6.54% off the targeted high while a plunge would see the stock lose 6.54% from current levels.
Bitcoin Depot Inc (BTM) estimates and forecasts
The company’s shares have gained 167.50% over the past 6 months.
BTM Dividends
Bitcoin Depot Inc is expected to release its next earnings report on 2025-May-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Bitcoin Depot Inc (NASDAQ:BTM)’s Major holders
Insiders own 19.55% of the company shares, while shares held by institutions stand at 35.53% with a share float percentage of 44.17%. Investors are also buoyed by the number of investors in a company, with Bitcoin Depot Inc having a total of 34.0 institutions that hold shares in the company. The top two institutional holders are AWM INVESTMENT COMPANY, INC. with over 0.94 million shares worth more than $1.69 million. As of 2024-06-30, AWM INVESTMENT COMPANY, INC. held 4.822% of shares outstanding.
The other major institutional holder is SHAOLIN CAPITAL MANAGEMENT LLC, with the holding of over 0.7 million shares as of 2024-06-30. The firm’s total holdings are worth over $1.26 million and represent 3.6002% of shares outstanding.
