Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -36.21% 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 $6.27 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $6.29, the stock is -5.27% and -26.84% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.79 million and changing 0.32% at the moment leaves the stock -15.68% off its SMA200. BTDR registered -39.58% loss for a year compared to 6-month gain of 0.00%.
The stock witnessed a -17.35% loss in the last 1 month and extending the period to 3 months gives it a -16.58%, and is 7.34% up 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 8.76% over the week and 8.06% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 211 employees, a market worth around $874.88M and $332.31M in sales. Fwd P/E is 12.42. Profit margin for the company is -19.46%. Distance from 52-week low is 127.08% and -57.06% 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 -102.81% this year
73.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 27.61% 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 10.37% of the Float.
