In the last trading session, 1.64 million Bitcoin Depot Inc (NASDAQ:BTM) shares changed hands as the company’s beta touched 0.89. With the company’s per share price at $5.07 changed hands at -$0.53 or -9.46% during last session, the market valuation stood at $326.06M. BTM’s last price was a discount, traded about -35.7% off its 52-week high of $6.88. The share price had its 52-week low at $0.93, which suggests the last value was 81.66% up since then. When we look at Bitcoin Depot Inc’s average trading volume, we note the 10-day average is 1.98 million shares, with the 3-month average coming to 1.38 million.
Analysts gave the Bitcoin Depot Inc (BTM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended BTM as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Bitcoin Depot Inc (NASDAQ:BTM) trade information
Instantly BTM was in red as seen at the end of in last trading. With action -15.92%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 191.38%, with the 5-day performance at -15.92% in the red. However, in the 30-day time frame, Bitcoin Depot Inc (NASDAQ:BTM) is 41.23% up. Looking at the short shares, we see there were 1.96 million shares sold at short interest cover period of 0.69 days.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need a downside of -1.4% from its current market value. According to analyst projections, BTM’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a 1.38% surge from its current level, while the stock would need to tank 1.38% for it to hit the projected low.
The 2025 estimates are for Bitcoin Depot Inc earnings to increase by 170.71%.
BTM Dividends
Bitcoin Depot Inc is expected to release its next quarterly earnings report on 2025-May-15.
Bitcoin Depot Inc (NASDAQ:BTM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 19.55% of Bitcoin Depot Inc shares while 35.53% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 44.17%. There are 35.53% institutions holding the Bitcoin Depot Inc stock share, with AWM INVESTMENT COMPANY, INC. the top institutional holder. As of 2024-06-30, the company held 4.822% of the shares, roughly 0.94 million BTM shares worth $1.69 million.
SHAOLIN CAPITAL MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 3.6002% or 0.7 million shares worth $1.26 million as of 2024-06-30.
