rts logo

Bitdeer Technologies Holding Co (BTDR) Analysis & Forecast for 2024

Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -9.13% lower on its value in year-to-date trading and has touched a low of $3.49 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 $8.90 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $8.96, the stock is 8.79% and 20.69% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.38 million and changing 0.67% at the moment leaves the stock 18.24% off its SMA200. BTDR registered 137.67% gain for a year compared to 6-month gain of 62.91%. The firm has a 50-day simple moving average (SMA 50) of $7.4238 and a 200-day simple moving average (SMA200) of $7.578075.

The stock witnessed a 30.42% loss in the last 1 month and extending the period to 3 months gives it a 17.74%, and is 14.43% 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 9.07% over the week and 8.66% over the month.

Bitdeer Technologies Holding Co (BTDR) has around 211 employees, a market worth around $1.26B and $332.31M in sales. Fwd P/E is 26.36. Profit margin for the company is -19.46%. Distance from 52-week low is 156.73% and -37.21% from its 52-week high. The company has generated returns on investments over the last 12 months (-10.99%).

with sales reaching $78.85M over the same period.The EPS is expected to shrink by -216.66% this year, but quarterly earnings will post 5.40% year-over-year. Quarterly sales are estimated to shrink -9.70% in year-over-year returns.

Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders

82.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 30.81% of the company’s shares. The shares outstanding are 63.57M, and float is at 37.21M with Short Float at 26.51%. Institutions hold 10.98% of the Float.

Bitdeer Technologies Holding Co (BTDR) Insider Activity

#####

Related Posts