Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -14.40% 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 $8.00 in the last trading session, with the day’s gains setting it 0.44%.
Currently trading at $8.44, the stock is 26.58% and 10.79% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.61 million and changing 5.50% at the moment leaves the stock 11.28% off its SMA200. BTDR registered -15.43% loss for a year compared to 6-month loss of 20.23%. The firm has a 50-day simple moving average (SMA 50) of $7.5983 and a 200-day simple moving average (SMA200) of $7.5991.
The stock witnessed a 28.07% gain in the last 1 month and extending the period to 3 months gives it a -17.74%, and is 18.37% 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 7.14% over the week and 7.78% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 211 employees, a market worth around $1.18B and $332.31M in sales. Fwd P/E is 17.36. Profit margin for the company is -19.46%. Distance from 52-week low is 204.69% and -40.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.99%).
with sales reaching $86.9M over the same period.The EPS is expected to shrink by -108.98% this year, but quarterly earnings will post 8.20% year-over-year. Quarterly sales are estimated to shrink -0.50% in year-over-year returns.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
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 34.24M with Short Float at 30.38%. Institutions hold 10.37% of the Float.
Bitdeer Technologies Holding Co (BTDR) Insider Activity
#####
