Bitcoin Depot (BTM) to Release Earnings on Wednesday

Bitcoin Depot (NASDAQ:BTM - Get Free Report) is scheduled to release its earnings data before the market opens on Wednesday, November 13th. Parties interested in registering for the company's conference call can do so using this link.

Bitcoin Depot (NASDAQ:BTM - Get Free Report) last released its quarterly earnings data on Thursday, August 15th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.16). Bitcoin Depot had a negative return on equity of 307.37% and a negative net margin of 3.10%. The firm had revenue of $163.07 million during the quarter, compared to the consensus estimate of $148.49 million. On average, analysts expect Bitcoin Depot to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Bitcoin Depot Price Performance

NASDAQ:BTM traded up $0.19 during trading hours on Wednesday, reaching $1.70. The stock had a trading volume of 770,136 shares, compared to its average volume of 197,884. The company has a debt-to-equity ratio of 9.33, a quick ratio of 1.16 and a current ratio of 1.16. Bitcoin Depot has a 52 week low of $1.33 and a 52 week high of $3.70. The company has a 50 day moving average price of $1.54 and a two-hundred day moving average price of $1.70. The stock has a market capitalization of $102.19 million, a PE ratio of -1.30 and a beta of -0.33.

Insider Activity

In other Bitcoin Depot news, major shareholder Andrew Mitchell Paul acquired 38,560 shares of the company's stock in a transaction that occurred on Monday, August 12th. The stock was bought at an average price of $1.70 per share, for a total transaction of $65,552.00. Following the acquisition, the insider now directly owns 155,786 shares in the company, valued at $264,836.20. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In other Bitcoin Depot news, major shareholder Andrew Mitchell Paul acquired 38,560 shares of the company's stock in a transaction that occurred on Monday, August 12th. The stock was bought at an average price of $1.70 per share, for a total transaction of $65,552.00. Following the acquisition, the insider now directly owns 155,786 shares in the company, valued at $264,836.20. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Christopher Scott Buchanan sold 20,000 shares of the business's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $1.56, for a total value of $31,200.00. Following the transaction, the chief operating officer now owns 241,276 shares of the company's stock, valued at approximately $376,390.56. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 50,100 shares of company stock valued at $77,051. 20.09% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

BTM has been the topic of a number of research reports. HC Wainwright reduced their price objective on Bitcoin Depot from $4.00 to $3.50 and set a "buy" rating on the stock in a research note on Thursday, August 15th. Noble Financial raised Bitcoin Depot to a "strong-buy" rating in a research report on Thursday, October 17th.

About Bitcoin Depot

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.