Bitcoin Depot Inc (BTM)’s Market Momentum: Closing Strong at 1.99, Up 5.85

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As of close of business last night, Bitcoin Depot Inc’s stock clocked out at $1.99, up 5.85% from its previous closing price of $1.88. In other words, the price has increased by $5.85 from its previous closing price. On the day, 0.62 million shares were traded. BTM stock price reached its highest trading level at $2.0382 during the session, while it also had its lowest trading level at $1.88.

Ratios:

To gain a deeper understanding of BTM’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 0.91.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Northland Capital on December 20, 2023, initiated with a Market Perform rating and assigned the stock a target price of $3.50.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 11 ’24 when Mintz Brandon Taylor sold 125,000 shares for $3.01 per share. The transaction valued at 376,488 led to the insider holds 254,248 shares of the business.

Mintz Brandon Taylor sold 18,196 shares of BTM for $27,294 on Nov 05 ’24. The Chief Executive Officer now owns 379,248 shares after completing the transaction at $1.50 per share. On Nov 01 ’24, another insider, Mintz Brandon Taylor, who serves as the Chief Executive Officer of the company, sold 6,804 shares for $1.50 each. As a result, the insider received 10,206 and left with 397,444 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BTM now has a Market Capitalization of 41784032 and an Enterprise Value of 73663344. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22. Its current Enterprise Value per Revenue stands at 0.117 whereas that against EBITDA is 2.314.

Stock Price History:

Over the past 52 weeks, BTM has reached a high of $3.70, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is 19.43%, while the 200-Day Moving Average is calculated to be 7.84%.

Shares Statistics:

It appears that BTM traded 924.18K shares on average per day over the past three months and 5541920 shares per day over the past ten days. A total of 13.48M shares are outstanding, with a floating share count of 5.98M. Insiders hold about 71.54% of the company’s shares, while institutions hold 30.72% stake in the company. Shares short for BTM as of 1730332800 were 289421 with a Short Ratio of 0.31, compared to 1727654400 on 275879. Therefore, it implies a Short% of Shares Outstanding of 289421 and a Short% of Float of 2.7.

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