Shares of BTGO (NYSE:BTGO – Get Free Report) saw unusually-high trading volume on Thursday . Approximately 527,654 shares traded hands during mid-day trading, a decline of 38% from the previous session’s volume of 851,832 shares.The stock last traded at $7.6230 and had previously closed at $8.12.
Wall Street Analyst Weigh In
BTGO has been the topic of several research reports. Keefe, Bruyette & Woods upgraded shares of BTGO to a “hold” rating in a research report on Tuesday, February 17th. Mizuho dropped their price target on shares of BTGO from $17.00 to $14.00 and set an “outperform” rating on the stock in a research report on Wednesday, April 1st. Compass Point initiated coverage on shares of BTGO in a research report on Tuesday, February 17th. They issued a “buy” rating and a $17.00 price target on the stock. Cantor Fitzgerald dropped their price target on shares of BTGO from $17.00 to $15.00 and set an “overweight” rating on the stock in a research report on Thursday, May 14th. Finally, Citigroup dropped their price target on shares of BTGO from $18.00 to $17.00 and set a “buy” rating on the stock in a research report on Wednesday, March 18th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $15.14.
Read Our Latest Stock Analysis on BTGO
BTGO Stock Performance
BTGO (NYSE:BTGO – Get Free Report) last posted its quarterly earnings data on Wednesday, May 13th. The company reported ($0.62) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.55). The business had revenue of $3.77 billion for the quarter. The business’s revenue was up 112.6% compared to the same quarter last year. On average, sell-side analysts predict that BTGO will post -0.24 EPS for the current fiscal year.
BTGO Company Profile
BitGo Holdings Inc is the digital asset infrastructure company delivering custody, wallets, staking, trading, financing, stablecoins and settlement services from regulated cold storage. BitGo Holdings Inc is based in NEW YORK.
Read More
- Five stocks we like better than BTGO
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Receive News & Ratings for BTGO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BTGO and related companies with MarketBeat.com's FREE daily email newsletter.
