Closing Bell Recap: BTQ Technologies Corp (BTQ) Ends at $5.23, Reflecting a -5.94% Downturn

Abby Carey

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

BTQ Technologies Corp (NASDAQ: BTQ) closed the day trading at $5.23 down -5.94% from the previous closing price of $5.56. In other words, the price has decreased by -$5.94 from its previous closing price. On the day, 1.9 million shares were traded. BTQ stock price reached its highest trading level at $5.48 during the session, while it also had its lowest trading level at $5.1601.

Ratios:

For a better understanding of BTQ, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.45 and its Current Ratio is at 20.45. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTQ now has a Market Capitalization of 732335616 and an Enterprise Value of 692945792. For the stock, the TTM Price-to-Sale (P/S) ratio is 1830.89 while its Price-to-Book (P/B) ratio in mrq is 26.57. Its current Enterprise Value per Revenue stands at 1225.375 whereas that against EBITDA is -52.653.

Stock Price History:

The Beta on a monthly basis for BTQ is -10.13, which has changed by 0.057034254 over the last 52 weeks, in comparison to a change of 0.17673707 over the same period for the S&P500. Over the past 52 weeks, BTQ has reached a high of $16.00, while it has fallen to a 52-week low of $0.95. The 50-Day Moving Average of the stock is -23.91%, while the 200-Day Moving Average is calculated to be 9.70%.

Shares Statistics:

Over the past 3-months, BTQ traded about 6.05M shares per day on average, while over the past 10 days, BTQ traded about 3824420 shares per day. A total of 139.16M shares are outstanding, with a floating share count of 86.83M. Insiders hold about 37.99% of the company’s shares, while institutions hold 2.61% stake in the company. Shares short for BTQ as of 1765756800 were 6054266 with a Short Ratio of 1.00, compared to 1763078400 on 4457028.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. Analysts are recommending an EPS of between -$0.05 and -$0.05 for the fiscal current year, implying an average EPS of -$0.05. EPS for the following year is -$0.05, with 1.0 analysts recommending between -$0.05 and -$0.05.

Revenue Estimates

For the next quarter, 1 analysts are estimating revenue of $500k. There is a high estimate of $500k for the next quarter, whereas the lowest estimate is $500k. Based on 1 analysts’ estimates, the company’s revenue will be $10.2M in the next fiscal year. The high estimate is $10.2M and the low estimate is $10.2M.

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