At the time of writing, Bitcoin Depot Inc [BTM] stock is trading at $2.00, down -17.70%. An important factor to consider is whether the stock is rising or falling in short-term value. The BTM shares have gain 14.94% over the last week, with a monthly amount glided 34.23%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Bitcoin Depot Inc [NASDAQ: BTM] stock has seen the most recent analyst activity on December 20, 2023, when Northland Capital initiated its Market Perform rating and assigned the stock a price target of $3.50.
For the past year, the stock price of Bitcoin Depot Inc fluctuated between $1.33 and $3.70. Currently, Wall Street analysts expect the stock to reach $3.75 within the next 12 months. Bitcoin Depot Inc [NASDAQ: BTM] shares were valued at $2.00 at the most recent close of the market. An investor can expect a potential return of 87.5% based on the average BTM price forecast.
Analyzing the BTM fundamentals
According to Bitcoin Depot Inc [NASDAQ:BTM], the company’s sales were 585.28M for trailing twelve months, which represents an -24.63% plunge. Gross Profit Margin for this corporation currently stands at 0.15% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -4.3, Equity is 0.64 and Total Capital is -0.4. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -7.17.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.79 points at the first support level, and at 1.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.35, and for the 2nd resistance point, it is at 2.69.
Ratios To Look Out For
It is important to note that Bitcoin Depot Inc [NASDAQ:BTM] has a current ratio of 0.91. On the other hand, the Quick Ratio is 0.91. Considering the valuation of this stock, the price to sales ratio is 0.17.
Transactions by insiders
Recent insider trading involved Mintz Brandon Taylor, Chief Executive Officer, that happened on Nov 11 ’24 when 0.12 million shares were sold. Chief Executive Officer, Mintz Brandon Taylor completed a deal on Nov 05 ’24 to sell 18196.0 shares. Meanwhile, Chief Executive Officer Mintz Brandon Taylor sold 6804.0 shares on Nov 01 ’24.
