BTGO (NYSE:BTGO – Get Free Report) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $5.42 and last traded at $6.1950, with a volume of 5258495 shares changing hands. The stock had previously closed at $5.97.
Analyst Ratings Changes
BTGO has been the subject of a number of recent research reports. Clear Str raised BTGO to a “strong-buy” rating in a research report on Tuesday, February 17th. Cantor Fitzgerald dropped their target price on BTGO from $17.00 to $15.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. The Goldman Sachs Group cut their price target on BTGO from $12.00 to $10.50 and set a “neutral” rating for the company in a research note on Friday, March 27th. Citigroup decreased their price target on BTGO from $18.00 to $17.00 and set a “buy” rating for the company in a report on Wednesday, March 18th. Finally, Weiss Ratings began coverage on shares of BTGO in a research report on Wednesday, April 15th. They issued a “sell (d)” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, BTGO has an average rating of “Moderate Buy” and a consensus price target of $15.14.
Get Our Latest Analysis on BTGO
BTGO Price Performance
BTGO (NYSE:BTGO – Get Free Report) last issued its earnings results on Wednesday, May 13th. The company reported ($0.62) EPS for the quarter, missing the consensus estimate 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% on a year-over-year basis. On average, research analysts anticipate that BTGO will post -0.28 earnings per share for the current fiscal year.
About BTGO
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.
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