Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -23.53% 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 $7.31 in the last trading session, with the day’s gains setting it 0.23%.
Currently trading at $7.54, the stock is 14.73% and -2.55% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing 3.15% at the moment leaves the stock -0.36% off its SMA200. BTDR registered -32.80% loss for a year compared to 6-month gain of 8.80%. The firm has a 50-day simple moving average (SMA 50) of $7.6645 and a 200-day simple moving average (SMA200) of $7.5758.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 4.29% loss in the last 1 month and extending the period to 3 months gives it a -18.49%, and is 5.90% 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 7.85% over the week and 7.59% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 211 employees, a market worth around $1.05B and $332.31M in sales. Fwd P/E is 15.35. Profit margin for the company is -19.46%. Distance from 52-week low is 172.20% and -47.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.99%).
Bitdeer Technologies Holding Co quarterly earnings per share for the current quarter are estimated at -0.06 with sales reaching $92.33M over the same period.The EPS is expected to shrink by -102.25% this year, but quarterly earnings will post 10.70% year-over-year. Quarterly sales are estimated to grow 5.80% 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 30.61%. Institutions hold 10.37% of the Float.
