Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Bitcoin Depot Inc (NASDAQ: BTM) was $1.86 for the day, down -7.00% from the previous closing price of $2.00. In other words, the price has decreased by -$7.00 from its previous closing price. On the day, 0.58 million shares were traded. BTM stock price reached its highest trading level at $2.0 during the session, while it also had its lowest trading level at $1.7903.
Ratios:
Our analysis of BTM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.01. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 05 ’24 when Mintz Brandon Taylor sold 28,322 shares for $2.01 per share. The transaction valued at 56,992 led to the insider holds 117,350 shares of the business.
Mintz Brandon Taylor sold 50,000 shares of BTM for $92,950 on Dec 02 ’24. The Chief Executive Officer now owns 145,672 shares after completing the transaction at $1.86 per share. On Nov 11 ’24, another insider, Mintz Brandon Taylor, who serves as the Chief Executive Officer of the company, sold 125,000 shares for $3.01 each. As a result, the insider received 376,488 and left with 254,248 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 39054420 and an Enterprise Value of 73663344. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19. 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 4.19%, while the 200-Day Moving Average is calculated to be 3.30%.
Shares Statistics:
BTM traded an average of 1.07M shares per day over the past three months and 553530 shares per day over the past ten days. A total of 17.65M shares are outstanding, with a floating share count of 6.37M. Insiders hold about 69.68% of the company’s shares, while institutions hold 31.93% stake in the company. Shares short for BTM as of 1730332800 were 289421 with a Short Ratio of 0.50, compared to 1727654400 on 275879. Therefore, it implies a Short% of Shares Outstanding of 289421 and a Short% of Float of 2.7.