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Bitdeer Technologies Holding Co (BTDR) Is Up 17.04% in 2024 With Lots of Room to Run

Bitdeer Technologies Holding Co (NASDAQ: BTDR) is 17.04% higher on its value in year-to-date trading and has touched a low of $3.91 and a high of $14.27 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BTDR stock was last observed hovering at around $11.85 in the last trading session, with the day’s loss setting it -0.31%.

Currently trading at $11.54, the stock is 24.53% and 41.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.59 million and changing -2.62% at the moment leaves the stock 50.12% off its SMA200. BTDR registered 188.50% gain for a year compared to 6-month gain of 95.26%. The firm has a 50-day simple moving average (SMA 50) of $8.0437 and a 200-day simple moving average (SMA200) of $7.664225.

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The stock witnessed a 38.70% loss in the last 1 month and extending the period to 3 months gives it a 67.00%, and is 5.20% 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 20.52% over the week and 11.85% over the month.

Bitdeer Technologies Holding Co (BTDR) has around 211 employees, a market worth around $1.61B and $332.31M in sales. Fwd P/E is 56.69. Profit margin for the company is -19.46%. Distance from 52-week low is 195.14% and -19.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.34%).

with sales reaching $67.38M over the same period.The EPS is expected to shrink by -306.70% this year, but quarterly earnings will post -5.68% year-over-year. Quarterly sales are estimated to shrink -41.33% in year-over-year returns.

Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders

104.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 48.15% of the company’s shares. The shares outstanding are 63.57M, and float is at 33.91M with Short Float at 31.58%. Institutions hold 17.15% of the Float.

Bitdeer Technologies Holding Co (BTDR) Insider Activity

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