In a filing, Bitcoin Depot Inc revealed its insider Mintz Brandon Taylor unloaded Company’s shares for reported $86325.0 on Apr 01 ’24. In the deal valued at $1.73 per share,50,000 shares were sold. As a result of this transaction, Mintz Brandon Taylor now holds 696,702 shares worth roughly $1.12 million.
Then, Mintz Brandon Taylor sold 12,865 shares, generating $25,214 in total proceeds. Upon selling the shares at $1.96, the insider now owns 746,702 shares.
Before that, Mintz Brandon Taylor sold 62,865 shares. Bitcoin Depot Inc shares valued at $124,900 were divested by the insider at a price of $1.99 per share. As a result of the transaction, Mintz Brandon Taylor now holds 759,567 shares, worth roughly $1.22 million.
Northland Capital initiated its Bitcoin Depot Inc [BTM] rating to a Market perform in a research note published on December 20, 2023; the price target was $3.50.
Price Performance Review of BTM
On Tuesday, Bitcoin Depot Inc [NASDAQ:BTM] saw its stock jump 12.59% to $1.61. Over the last five days, the stock has lost -9.55%. Bitcoin Depot Inc shares have fallen nearly -50.15% since the year began. Nevertheless, the stocks have fallen -84.32% over the past one year. While a 52-week high of $10.93 was reached on 01/02/24, a 52-week low of $1.36 was recorded on 04/15/24. SMA at 50 days reached $2.2147, while 200 days put it at $2.6304. A total of 0.27 million shares were traded, compared to the trading of 0.49 million shares in the previous session.
Levels Of Support And Resistance For BTM Stock
The 24-hour chart illustrates a support level at 1.4201, which if violated will result in even more drops to 1.2303. On the upside, there is a resistance level at 1.7399. A further resistance level may holdings at 1.8699. The Relative Strength Index (RSI) on the 14-day chart is 37.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1763, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.07%. Stochastics %K at 17.49% indicates the stock is a buying.
