BTDR Stock Forecast: All the More Reason to Consider Bitdeer Technologies Holding Co (BTDR) Now

Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -39.15% lower on its value in year-to-date trading and has touched a low of $2.77 and a high of $14.65 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BTDR stock was last observed hovering at around $6.54 in the last trading session, with the day’s loss setting it -0.54%.

Currently trading at $6.00, the stock is -17.10% and -33.71% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.64 million and changing -8.26% at the moment leaves the stock -19.07% off its SMA200. BTDR registered -55.72% loss for a year compared to 6-month gain of -12.15%.

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The stock witnessed a -18.42% loss in the last 1 month and extending the period to 3 months gives it a -5.36%, and is -17.01% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.54% over the week and 9.65% over the month.

Bitdeer Technologies Holding Co (BTDR) has around 211 employees, a market worth around $834.54M and $332.31M in sales. Fwd P/E is 11.68. Profit margin for the company is -19.46%. Distance from 52-week low is 116.61% and -59.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.84%).

The EPS is expected to shrink by -103.37% this year.

Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders

73.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 27.59% of the company’s shares. The shares outstanding are 63.57M, and float is at 34.90M with Short Float at 9.64%. Institutions hold 10.36% of the Float.