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How to Buy Bm Technologies Stock

Bm Technologies Inc

Megalith Financial Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.

Bm Technologies stock last closed at $3.00, down 3.23% from the previous day, and has decreased 40% in one year. It has underperformed other stocks in the Software - Application industry by 0.69 percentage points. Bm Technologies stock is currently +112.77% from its 52-week low of $1.41, and -51.06% from its 52-week high of $6.13.

At the moment, there are 11.87M shares of BMTX outstanding. The market cap of BMTX is $35.61M. In the last 24 hours, 54,272 BMTX shares were traded.

How to Buy Bm Technologies Stock

Wondering how to invest in Bm Technologies stock? Here's how.
  1. Figure out where to buy Bm Technologies stock: You need to decide on an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Bm Technologies stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Pick your method of payment and add your info.
  4. Research Bm Technologies stock: The Bm Technologies ticker symbol is BMTX. Is Bm Technologies stock a good investment? Should you buy shares of BMTX? How do BMTX's underlying business fundamentals look? Do top analysts think Bm Technologies is a good buy? Why has BMTX's stock price moved recently? (Hint: Our stock analysis website can help you figure out if BMTX is a good stock to buy).
  5. Place your BMTX buy order: Decide if you will purchase BMTX shares at the current market price or use a limit order to purchase BMTX shares at a given price.
  6. Get notifications regarding your BMTX investment: Create a watchlist to the latest updates on your position in Bm Technologies shares.

Step 1: Figure out where to buy Bm Technologies stock

You will need a brokerage account in order to access the NYSEMKT market and buy BMTX shares.

A brokerage account allows you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal details so you are able to buy BMTX today.

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Step 3: Deposit funds into your investment account

Now that you have opened your account on app for investing, you can securely and quickly fund your account:

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Step 4: Research Bm Technologies stock

After you have identified the best place to buy Bm Technologies stock, it's absolutely critical to research their stock prior to investing, so you actually wrap your head around the risk as well as the opportunity.

Bm Technologies Metrics

BMTX Price
$3.00
1w %
-1.96%
1y %
-40%
5y %
-68.98%
P/E
-1.97x
P/B
1.04x
P/S
0.61x
PEG
N/A
Revenue
$56.90M
Earnings
-$17.55M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$35.61M
Next Earnings
N/A
Next Dividend
N/A

BMTX Overview

WallStreetZen was created to help part-time investors perform more in-depth fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on BMTX's stock page.

Is BMTX stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge BMTX's true value.

Using relative valuations methods:

  • BMTX may be undervalued based on its P/B ratio of 1.04x, relative to Software - Application industry P/B ratio of 6.25x

You can access additional valuation analysis on BMTX's stock here.

BMTX Financial Health

Positive Health Checks:

  • Total BMTX debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the BMTX balance sheet.
  • There are more short-term assets than short-term liabilities on the BMTX balance sheet.
  • BMTX has $8.80M in cash and short term investments. This is enough to cover its annual cash burn of $14.99M.

Negative Health Checks:

  • BMTX profit margin has gone down from 2.2% to -30.9% in the past year.
  • BMTX has a relatively high debt to equity ratio of 0.49.
  • BMTX has cash burn of 14994000. It does not have enough cash and short-term investments to cover this.

Do analysts think it's a good time to buy BMTX stock

Out of 3 sell side analysts who track BMTX, the consensus analyst rating on Bm Technologies is a Strong Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are saying on the Bm Technologies stock forecast page.

BMTX Trading Indicators

SMA10
3.06
SMA20
2.85
SMA50
2.6
SMA100
2.48
SMA200
2.78
MACD
0.17
MACD Signal
0.16
MACD Histogram
0
RSI
56.8
Stochastic %K
62.98
Stochastic %D
65.45
StochRSI %K
55.11
StochRSI %D
62.85

BMTX Growth Metrics

Last year, BMTX revenue was $56.90M. In the last three year, BMTX's revenue has increased by 52.99% per year. This was faster than the Software - Application industry average of 32.43%.

Dig into BMTX's earnings and revenue performance here.

Who is buying/selling BMTX?

Over the past 12 months, insiders at BMTX have sold more shares than they have bought.

James Francis Dullinger, Chief Financial Officer of BMTX, was the latest BMTX insider to sell. They sold $2,637.28 worth of BMTX stock on Jun 13, 2023.

Get more info about who owns BMTX shares here.

Does BMTX stock generate passive income?

No, Bm Technologies doesn't provide an income stream by paying out dividends.

BMTX Social Trading Data

One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Place your BMTX buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.

Press the Open button and your broker will execute your order.

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Step 6: Get notifications regarding your BMTX investment

Now that you own some BMTX stock, you'll want to keep up with your new investment.

Make a watchlist to get the latest updates about your BMTX stock.

BMTX Feed

How to Buy Stock in Bm Technologies

To reiterate, here are the 6 steps to buy Bm Technologies stock:

  1. Figure out where to buy Bm Technologies stock
  2. Sign up for your brokerage account
  3. Deposit funds into your investment account
  4. Research Bm Technologies stock
  5. Place your BMTX buy order
  6. Get notifications regarding your BMTX investment

If you are looking for a brokerage account, eToro is our favorite venue.

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If you would like to get updates on your new investment in Bm Technologies, get started below.

NYSEMKT: BMTX
$3.00-0.10 (-3.23%)
Updated Dec 7, 2023
Open eToro Account
NYSEMKT: BMTX
$3.00-0.10 (-3.23%)
Updated Dec 7, 2023
Open eToro Account

FAQ

How much does it cost to buy one Bm Technologies share?

As of Dec 7, 2023, it costs $3.00 to buy one share of Bm Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.333 shares of BMTX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Bm Technologies stock?

According to 3 Wall Street analysts who monitor Bm Technologies, their consensus recommendation is to buy Bm Technologies stock.

What is the best way to buy Bm Technologies stock?

One way to place an order for Bm Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.