Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -31.03% lower on its value in year-to-date trading and has touched a low of $2.77 and a high of $14.27 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 $7.12 in the last trading session, with the day’s loss setting it -0.32%.
Currently trading at $6.80, the stock is 3.22% and -15.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.11 million and changing -4.49% at the moment leaves the stock -9.73% off its SMA200. BTDR registered -49.93% loss for a year compared to 6-month loss of -18.47%.
The stock witnessed a 1.04% gain in the last 1 month and extending the period to 3 months gives it a -31.03%, and is 2.10% 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 7.92% over the week and 7.77% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 211 employees, a market worth around $945.81M and $332.31M in sales. Fwd P/E is 13.43. Profit margin for the company is -19.46%. Distance from 52-week low is 145.49% and -52.35% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.84%).
Bitdeer Technologies Holding Co quarterly earnings per share for the current quarter are estimated at -0.05 with sales reaching $92.55M over the same period.The EPS is expected to shrink by -102.81% this year, but quarterly earnings will post 10.80% year-over-year. Quarterly sales are estimated to grow 6.00% in year-over-year returns.
73.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 28.45% of the company’s shares. The shares outstanding are 63.57M, and float is at 33.98M with Short Float at 29.38%. Institutions hold 10.37% of the Float.
