Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -39.55% 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 $13.09 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $13.10, the stock is -18.94% and -31.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.47 million and changing 0.08% at the moment leaves the stock 16.56% off its SMA200. BTDR registered 95.23% gain for a year compared to 6-month gain of 89.58%..
The stock witnessed a -33.69% loss in the last 1 month and extending the period to 3 months gives it a 13.52%, and is -20.61% 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 11.33% over the week and 10.05% over the month.
Fwd P/E is 36.84. Distance from 52-week low is 150.48% and -51.46% from its 52-week high.
with sales reaching $70.85M over the same period.The EPS is expected to shrink by -368.58% this year, but quarterly earnings will post -4.75% year-over-year. Quarterly sales are estimated to shrink -38.31% in year-over-year returns.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
The shares outstanding are 91.38M, and float is at 87.62M with Short Float at 16.75%.
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
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