BTQ Technologies Corp [NASDAQ: BTQ] loss -4.17% or -0.38 points to close at $8.73 with a heavy trading volume of 7487214 shares.
It opened the trading session at $9.93, the shares rose to $10.2 and dropped to $8.45, the range by which the price of stock traded the whole day. The daily chart for BTQ points out that the company has recorded 393.22% gains over the past six months.
If we look at the average trading volume of 4.27M shares, BTQ reached to a volume of 7487214 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about BTQ Technologies Corp [BTQ]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BTQ shares is $9.86 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BTQ stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Price to Book ratio for the last quarter was 282.89, with the Price to Cash per share for the same quarter was set at 0.03.
Trading performance analysis for BTQ stock
BTQ Technologies Corp [BTQ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.74. With this latest performance, BTQ shares gained by 65.97% in over the last four-week period, additionally plugging by 393.22% over the last 6 months – not to mention a rise of 217.45% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BTQ stock in for the last two-week period is set at 49.74, with the RSI for the last a single of trading hit 1.87, and the three-weeks RSI is set at 1.61 for BTQ Technologies Corp [BTQ]. The present Moving Average for the last 50 days of trading for this stock 6.45, while it was recorded at 8.82 for the last single week of trading, and 3.88 for the last 200 days.
BTQ Technologies Corp [BTQ]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and BTQ Technologies Corp [BTQ] shares currently have an operating margin of -665.56% and a Gross Margin at 65.73%. BTQ Technologies Corp’s Net Margin is presently recorded at -705.26%.
BTQ Technologies Corp (BTQ) Capital Structure & Debt Analysis
According to recent financial data for BTQ Technologies Corp. ( BTQ), the Return on Equity (ROE) stands at -230.29%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -144.57%, reflecting the company’s efficiency in generating profits from its assets. Additionally, BTQ Technologies Corp’s Return on Invested Capital (ROIC) is -110.22%, showcasing its effectiveness in deploying capital for earnings.
BTQ Technologies Corp (BTQ) Efficiency & Liquidity Metrics
Based on BTQ Technologies Corp’s (BTQ) latest financial statements, the Debt-to-Equity Ratio is 0.00%, indicating its reliance on debt financing relative to shareholder equity.
BTQ Technologies Corp (BTQ) Efficiency & Liquidity Metrics
BTQ Technologies Corp [BTQ]: An earnings per share (EPS) analysis
With the latest financial reports released by the company, BTQ Technologies Corp posted -0.01/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BTQ.
An analysis of Institutional ownership at BTQ Technologies Corp [BTQ]
There are presently around $0.28%, or 0.41%% of BTQ stock, in the hands of institutional investors.
