Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Bitcoin Depot Inc’s current trading price is -57.03% away from its 52-week high, while its distance from the 52-week low is 19.55%. The stock’s price range during this period has varied between $1.33 and $3.70. The company, active in the Financial sector, saw a trading volume of around 0.56 million for the day, considerably lower average daily volume of 1.1 million observed over the last three months.
Bitcoin Depot Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $3.70 on 12/28/23, and the lowest price during that time was $1.33, recorded on 08/05/24.
How Financial Performance Impacts Market Capitalization
Bitcoin Depot Inc (BTM) has experienced a quarterly rise of 1.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 91.78M and boasts a workforce of 124 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.6926, with a change in price of -0.0200. Similarly, Bitcoin Depot Inc recorded 737,154 in trading volume during the last 100 days, posting a change of -1.24%.
BTM Stock Stochastic Average
As of today, the raw stochastic average of Bitcoin Depot Inc over the last 50 days is at 8.96%. This shows a increasee from the raw stochastic average of the previous 20 days, which was recorded at 5.36%. Further, the company’s Stochastic %K and %D values for the last 20 days were 17.04% and 30.20%, respectively.
BTM Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Until today this year the stock’s price performance recorded a decrease of -50.77%. However, over the last six months, the performance has been stronger by -8.62%. The price of BTM decreased -15.43% over the last 30 days. And in the last five days, it has fallen by -22.06%.
