BTRS Holdings Inc. (NASDAQ:BTRS) went up by 11.89% from its latest closing price compared to the recent 1-year high of $14.33. The company’s stock price has collected 8.88% of gains in the last five trading sessions.
Is It Worth Investing in BTRS Holdings Inc. (NASDAQ :BTRS) Right Now?
Opinions of the stock are interesting as 8 analysts out of 9 who provided ratings for BTRS Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $8.75, which is $3.59 above the current price. BTRS currently public float of 132.18M and currently shorts hold a 2.75% ratio of that float. Today, the average trading volume of BTRS was 1.10M shares.
BTRS’s Market Performance
BTRS stocks went up by 8.88% for the week, with a monthly jump of 7.99% and a quarterly performance of -26.40%, while its annual performance rate touched -61.73%. The volatility ratio for the week stands at 7.79% while the volatility levels for the past 30 days are set at 6.88% for BTRS Holdings Inc. The simple moving average for the period of the last 20 days is 9.34% for BTRS stocks with a simple moving average of -28.39% for the last 200 days.
Analysts’ Opinion of BTRS
Many brokerage firms have already submitted their reports for BTRS stocks, with Keefe Bruyette repeating the rating for BTRS by listing it as a “Mkt Perform.” The predicted price for BTRS in the upcoming period, according to Keefe Bruyette is $8 based on the research report published on January 07th of the current year 2022.
JP Morgan, on the other hand, stated in their research note that they expect to see BTRS reach a price target of $15. The rating they have provided for BTRS stocks is “Overweight” according to the report published on November 08th, 2021.
BofA Securities gave a rating of “Buy” to BTRS, setting the target price at $13 in the report published on August 24th of the previous year.
BTRS Trading at -5.91% from the 50-Day Moving Average
After a stumble in the market that brought BTRS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -63.22% of loss for the given period.
Volatility was left at 6.88%, however, over the last 30 days, the volatility rate increased by 7.79%, as shares surge +14.32% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.91% lower at present.
During the last 5 trading sessions, BTRS rose by +8.88%, which changed the moving average for the period of 200-days by -52.09% in comparison to the 20-day moving average, which settled at $4.85. In addition, BTRS Holdings Inc. saw -32.61% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BTRS starting from Eng Joe, who purchase 30,590 shares at the price of $4.85 back on Jun 10. After this action, Eng Joe now owns 78,528 shares of BTRS Holdings Inc., valued at $148,362 using the latest closing price.
Herning Andrew J, the Senior Vice President, Finance of BTRS Holdings Inc., sale 5,496 shares at $4.93 during a trade that took place back on Jun 01, which means that Herning Andrew J is holding 93,105 shares at $27,095 based on the most recent closing price.
Stock Fundamentals for BTRS
Current profitability levels for the company are sitting at:
- -28.74 for the present operating margin
- +53.49 for the gross margin
The net margin for BTRS Holdings Inc. stands at -36.78. Equity return is now at value -21.70, with -15.30 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 3.32.