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 -55.40% away from its 52-week high, while its distance from the 52-week low is 18.05%. The stock’s price range during this period has varied between $1.33 and $3.52. The company, active in the Financial sector, saw a trading volume of around 0.25 million for the day, considerably lower average daily volume of 1.16 million observed over the last three months.
Bitcoin Depot Inc had a pretty Dodgy run when it comes to the market performance. Over the past year, the company’s stock reached a high of $3.52 on 11/11/24, while the lowest price during the same period was $1.33 on 08/05/24.
How Financial Performance Impacts Market Capitalization
Bitcoin Depot Inc (BTM) has experienced a quarterly rise of 2.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 94.82M 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 1.6950, with a change in price of -0.1000. Similarly, Bitcoin Depot Inc recorded 758,082 in trading volume during the last 100 days, posting a change of -5.99%.
BTM Stock Stochastic Average
As of today, the raw stochastic average of Bitcoin Depot Inc over the last 50 days is at 7.58%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 12.50%. Further, the company’s Stochastic %K and %D values for the last 20 days were 19.05% and 21.45%, respectively.
BTM Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. Year to date metric has recorded a loss of -3.09%.However, over the last six months, we can see a stronger performance of -3.09%. Over the last 30 days, the price of BTM has leaped by -15.59%. And in the last five days, it has fallen by -3.09%.
