biote Corp’s (BTMD) Stock: A -10.78% Simple Moving Average for the Past 20 Days

The stock of biote Corp (BTMD) has gone down by -11.93% for the week, with a -5.42% drop in the past month and a -4.48% drop in the past quarter. The volatility ratio for the week is 6.07%, and the volatility levels for the past 30 days are 5.15% for BTMD. The simple moving average for the past 20 days is -10.78% for BTMD’s stock, with a -7.29% simple moving average for the past 200 days.

Is It Worth Investing in biote Corp (NASDAQ: BTMD) Right Now?

biote Corp (NASDAQ: BTMD) has a price-to-earnings ratio that is above its average at 28.39x. The stock has a 36-month beta value of 1.08. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for BTMD is 30.04M, and at present, short sellers hold a 2.29% of that float. On December 20, 2024, the average trading volume of BTMD was 155.10K shares.

BTMD) stock’s latest price update

biote Corp (NASDAQ: BTMD)’s stock price has dropped by -6.80 in relation to previous closing price of 6.18. Nevertheless, the company has seen a loss of -11.93% in its stock price over the last five trading days. zacks.com reported 2024-12-18 that Here is how biote Corp. (BTMD) and Doximity (DOCS) have performed compared to their sector so far this year.

Analysts’ Opinion of BTMD

B. Riley Securities, on the other hand, stated in their research note that they expect to see BTMD reach a price target of $9. The rating they have provided for BTMD stocks is “Buy” according to the report published on February 20th, 2024.

BTMD Trading at -1.80% from the 50-Day Moving Average

After a stumble in the market that brought BTMD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.75% of loss for the given period.

Volatility was left at 5.15%, however, over the last 30 days, the volatility rate increased by 6.07%, as shares sank -4.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.51% upper at present.

During the last 5 trading sessions, BTMD fell by -11.93%, which changed the moving average for the period of 200-days by +0.52% in comparison to the 20-day moving average, which settled at $6.46. In addition, biote Corp saw 16.60% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BTMD starting from Peterson Robert Charles, who sale 32,874 shares at the price of $6.20 back on Sep 09 ’24. After this action, Peterson Robert Charles now owns 0 shares of biote Corp, valued at $203,848 using the latest closing price.

Peterson Robert Charles, the Chief Financial Officer of biote Corp, sale 11,376 shares at $7.57 during a trade that took place back on Jul 09 ’24, which means that Peterson Robert Charles is holding 32,874 shares at $86,084 based on the most recent closing price.

Stock Fundamentals for BTMD

Current profitability levels for the company are sitting at:

  • 0.2 for the present operating margin
  • 0.69 for the gross margin

The net margin for biote Corp stands at 0.05. The total capital return value is set at 0.71.

Based on biote Corp (BTMD), the company’s capital structure generated -0.08 points at debt to capital in total, while cash flow to debt ratio is standing at 4.29. The debt to equity ratio resting at -0.07. The interest coverage ratio of the stock is 4.17.

Currently, EBITDA for the company is 9.23 million with net debt to EBITDA at -1.69. When we switch over and look at the enterprise to sales, we see a ratio of 1.47. The receivables turnover for the company is 22.73for trailing twelve months and the total asset turnover is 1.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.50.

Conclusion

To sum up, biote Corp (BTMD) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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