BM Technologies Inc (AMEX: BMTX) is -0.20% lower on its value in year-to-date trading and has touched a low of $1.45 and a high of $4.95 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BMTX stock was last observed hovering at around $4.87 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $4.88, the stock is 1.12% and 2.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.45 million and changing 0.21% at the moment leaves the stock 53.64% off its SMA200. BMTX registered 135.75% gain for a year compared to 6-month gain of 103.33%. The firm has a 50-day simple moving average (SMA 50) of $4.7774 and a 200-day simple moving average (SMA200) of $3.15945.
The stock witnessed a 2.95% loss in the last 1 month and extending the period to 3 months gives it a 50.15%, and is -0.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.27% over the week and 1.55% over the month.
BM Technologies Inc (BMTX) has around 200 employees, a market worth around $58.99M and $57.66M in sales. Fwd P/E is 14.35. Profit margin for the company is -22.62%. Distance from 52-week low is 236.55% and -1.41% from its 52-week high. The company has generated returns on investments over the last 12 months (-60.58%).
The EPS is expected to grow by 41.33% this year
58.0 institutions hold shares in BM Technologies Inc (BMTX), with institutional investors hold 60.82% of the company’s shares. The shares outstanding are 12.10M, and float is at 8.50M with Short Float at 8.10%. Institutions hold 43.20% of the Float.
The top institutional shareholder in the company is PACIFIC RIDGE CAPITAL PARTNERS, LLC with over 0.61 million shares valued at $1.37 million. The investor’s holdings represent 5.2023 of the BMTX Shares outstanding. As of 2024-06-30, the second largest holder is TIETON CAPITAL MANAGEMENT, LLC with 0.49 million shares valued at $1.1 million to account for 4.1686 of the shares outstanding. The other top investors are DE LISLE PARTNERS LLP which holds 0.42 million shares representing 3.6225 and valued at over $0.96 million, while VANGUARD GROUP INC holds 3.5671 of the shares totaling 0.42 million with a market value of $0.94 million.
