Why BM Technologies' Stock Is Trading Higher Today

BM Technologies BMTX shares are trading higher after the company late Monday reported Q1 results, including EBITDA of $8.7 million. Ending service deposits increased 155% year over year.

BM Technologies' stock is trading up 18.23% to a price of $11.05. The stock's volume is currently 242.24 thousand, which is roughly 447.04% of its recent 30-day volume average of 54.19 thousand.

The moving average price of the stock over the past 50 days was $11.12 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $18.35 and as low as $8.46.

If you're looking for timely and concise explanations of why a stock is moving, check out Benzinga Pro. Subscribers get ‘Why Is It Moving' alerts as soon as our research team identifies the cause of the price action in a stock. Click here to learn more.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading IdeasBZI-WIIM
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!