Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -47.76% 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 $12.31 in the last trading session, with the day’s loss setting it -0.99%.
Currently trading at $11.32, the stock is -22.26% and -37.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.57 million and changing -8.04% at the moment leaves the stock -0.43% off its SMA200. BTDR registered 57.66% gain for a year compared to 6-month gain of 71.78%.
The stock witnessed a -37.70% loss in the last 1 month and extending the period to 3 months gives it a 1.43%, and is -13.59% 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 17.52% over the week and 11.24% over the month.
Bitdeer Technologies Holding Co (BTDR) has around 211 employees, a market worth around $2.18B and $349.78M in sales. Fwd P/E is 6.71. Profit margin for the company is -171.29%. Distance from 52-week low is 116.44% and -58.06% from its 52-week high. The company has generated returns on investments over the last 12 months (-106.45%).
with sales reaching $73.81M over the same period.The EPS is expected to grow by 99.92% this year, but quarterly earnings will post 68.61% year-over-year. Quarterly sales are estimated to shrink -38.24% in year-over-year returns.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
The shares outstanding are 192.50M, and float is at 87.62M with Short Float at 18.36%.
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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