Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -23.07% lower on its value in year-to-date trading and has touched a low of $5.23 and a high of $26.99 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 $15.54 in the last trading session, with the day’s gains setting it 1.13%.
Currently trading at $16.67, the stock is -18.87% and -8.08% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.68 million and changing 7.27% at the moment leaves the stock 61.48% off its SMA200. BTDR registered 152.58% gain for a year compared to 6-month gain of 68.90%. The firm has a 50-day simple moving average (SMA 50) of $18.0212 and a 200-day simple moving average (SMA200) of $10.273225.
The stock witnessed a -29.24% loss in the last 1 month and extending the period to 3 months gives it a 115.37%, and is -23.22% down 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 15.40% over the week and 13.66% over the month.
Fwd P/E is 46.97. Distance from 52-week low is 218.74% and -38.24% from its 52-week high.
with sales reaching $71.67M over the same period.The EPS is expected to shrink by -367.31% this year, but quarterly earnings will post -4.55% year-over-year. Quarterly sales are estimated to shrink -37.60% 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 91.38M, and float is at 86.63M with Short Float at 15.85%. Institutions hold 17.15% of the Float.
The top institutional shareholder in the company is NISHKAMA CAPITAL, LLC with over 1.2 million shares valued at $12.27 million. The investor’s holdings represent 0.9454% of the BTDR Shares outstanding. As of 2024-06-30, the second largest holder is VIDENT ADVISORY, LLC with 0.69 million shares valued at $7.08 million to account for 0.5453 of the shares outstanding. The other top investors are D1 CAPITAL PARTNERS L.P. which holds 0.53 million shares representing 0.4149% and valued at over $5.39 million, while MARSHALL WACE, LLP holds 0.3909 of the shares totaling 0.49 million with a market value of $5.07 million.
Bitdeer Technologies Holding Co (BTDR) Insider Activity
#####
