A new trading day began on Tuesday, with Bitcoin Depot Inc (NASDAQ: BTM) stock price up 8.33% from the previous day of trading, before settling in for the closing price of $1.44. BTM’s price has ranged from $1.33 to $3.70 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 3.26% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 103.70%. With a float of $5.80 million, this company’s outstanding shares have now reached $13.48 million.
In an organization with 124 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 14.48%, operating margin of 3.43%, and the pretax margin is 0.16%.
Bitcoin Depot Inc (BTM) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Capital Markets Industry. The insider ownership of Bitcoin Depot Inc is 72.27%, while institutional ownership is 29.02%. The most recent insider transaction that took place on Oct 01 ’24, was worth 15,133. In this transaction Chief Operating Officer of this company sold 10,000 shares at a rate of $1.51, taking the stock ownership to the 231,276 shares. Before that another transaction happened on Oct 02 ’24, when Company’s Chief Executive Officer sold 14,900 for $1.50, making the entire transaction worth $22,371. This insider now owns 404,248 shares in total.
Bitcoin Depot Inc (BTM) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 103.70% per share during the next fiscal year.
Bitcoin Depot Inc (NASDAQ: BTM) Trading Performance Indicators
Here are Bitcoin Depot Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.16. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.05. Likewise, its price to free cash flow for the trailing twelve months is 1.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.85, a number that is poised to hit 0.01 in the next quarter and is forecasted to reach 0.06 in one year’s time.
Technical Analysis of Bitcoin Depot Inc (BTM)
Let’s dig in a bit further. During the last 5-days, its volume was 0.16 million. That was inferior than the volume of 0.2 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 41.91%. Additionally, its Average True Range was 0.07.
During the past 100 days, Bitcoin Depot Inc’s (BTM) raw stochastic average was set at 34.33%, which indicates a significant decrease from 85.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.30% in the past 14 days, which was lower than the 69.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.5626, while its 200-day Moving Average is $1.8698. However, in the short run, Bitcoin Depot Inc’s stock first resistance to watch stands at $1.6277. Second resistance stands at $1.6955. The third major resistance level sits at $1.8043. If the price goes on to break the first support level at $1.4511, it is likely to go to the next support level at $1.3423. Assuming the price breaks the second support level, the third support level stands at $1.2745.
Bitcoin Depot Inc (NASDAQ: BTM) Key Stats
With a market capitalization of 32.64 million, the company has a total of 60,113K Shares Outstanding. Currently, annual sales are 688,970 K while annual income is -26,100 K. The company’s previous quarter sales were 163,070 K while its latest quarter income was -2,560 K.
