Bitdeer Technologies Holding Co (NASDAQ: BTDR) is -59.25% 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 $9.14 in the last trading session, with the day’s loss setting it -0.31%.
Currently trading at $8.83, the stock is -14.95% and -35.87% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.43 million and changing -3.39% at the moment leaves the stock -25.02% off its SMA200. BTDR registered 27.60% gain for a year compared to 6-month gain of 10.37%. The firm has a 50-day simple moving average (SMA 50) of $13.7695 and a 200-day simple moving average (SMA200) of $11.7763.
The stock witnessed a -28.27% loss in the last 1 month and extending the period to 3 months gives it a -63.90%, and is -24.21% 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 7.26% over the week and 9.01% over the month.
Fwd P/E is 5.23. Profit margin for the company is -171.29%. Distance from 52-week low is 68.83% and -67.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-106.45%).
with sales reaching $71.7M over the same period.The EPS is expected to grow by 98.78% this year, but quarterly earnings will post 62.74% year-over-year. Quarterly sales are estimated to shrink -40.01% in year-over-year returns.
Bitdeer Technologies Holding Co (BTDR) Top Institutional Holders
155.0 institutions hold shares in Bitdeer Technologies Holding Co (BTDR), with institutional investors hold 38.19% of the company’s shares. The shares outstanding are 192.50M, and float is at 85.79M with Short Float at 21.79%. Institutions hold 22.62% 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
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